Bitcoin ATMs Appear in Kenyan Malls Despite Regulator Warning

New Bitcoin ATMs are popping up in Nairobi’s bustling malls, despite the lack of official licensing from Kenya’s regulatory body. The presence of these machines, which offer cash-in and -out services for crypto transactions, raises questions about compliance with the country’s new Virtual Assets Service Providers Act (2025). While reports indicate a surge in Bitcoin activity across Nairobi, regulators insist no licensed crypto operator exists under this law.