In the days following Kenya's implementation of its first comprehensive Crypto Assets law, Bitcoin ATMs began to appear in several large shopping malls in Nairobi, creating a "pressure test" for the regulatory system. Local media reported that several malls have installed cash-to-coin machines labeled "Bankless Bitcoin," appearing alongside traditional bank counters.

The Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) urgently issued a joint statement, clearly stating: No licenses have been issued to any VASP so far, and all service providers claiming to have obtained approval are engaged in illegal promotion. Although the regulatory framework is still in a vacuum period, Bitcoin has been widely used in local impoverished communities such as Kibera, and is seen as an alternative banking system. (Cointelegraph)