According to Capital FM Africa, Kenya's Capital Markets Authority is seeking to purchase a blockchain analytics platform to monitor digital asset transactions, investigate suspicious activity, and enforce compliance under the Virtual Assets Service Providers Act signed in October 2025.
The system would track Bitcoin, Ethereum, and at least 20 other blockchains in real time and retrospectively, generating automated alerts for high-risk wallets, large transfers, coin mixers, and sanctioned entities. Kenya, one of Africa's largest crypto markets, received approximately $19 billion in crypto transfers between July 2024 and June 2025, and more than six million residents use digital assets.