Kenya Sets Rules for Tokenising Real-World Assets in Updated Crypto Guidelines

Kenya has established its first legal framework allowing land, buildings, and other real-world assets to be converted into blockchain-based digital tokens and sold in fractions, creating a solid regulated pathway for a market that has until now operated as a regulatory experiment.•The provisions, contained in the Virtual Asset Service Providers Regulations, 2026, allow businesses to issue digital tokens representing ownership or economic rights in tangible and intangible assets, subject to licensing and approval by the Capital Markets Authority (CMA).