{"id":159727,"date":"2026-04-04T15:48:14","date_gmt":"2026-04-04T15:48:14","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa"},"modified":"2026-04-04T16:44:04","modified_gmt":"2026-04-04T16:44:04","slug":"virtual-assets-chamber-launches-standards-council-in-africa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa","title":{"rendered":"Virtual Assets Chamber Launches Standards Council in Africa"},"content":{"rendered":"
\n

What You Need to Know<\/h4>\n

The Virtual Assets Chamber of Commerce has launched the Standards Council and the Virtual Assets Institute to enhance trust and professionalism in Africa’s virtual asset industry. These initiatives aim to create a structured ecosystem that supports regulatory coordination and professional development as the sector evolves and matures.<\/p>\n<\/div>\n

Africa-Press – Kenya. <\/strong> <\/span>The Virtual Assets Chamber of Commerce has launched the Standards Council and the Virtual Assets Institute to strengthen trust, coordination, and professionalism across Africa\u2019s virtual asset industry.<\/p>\n

Together, they mark a decisive shift from informal experimentation toward a structured ecosystem built for long-term, institutional-grade growth.<\/p>\n

The Standards Council will serve as a coordination forum for regulators, financial institutions, and market participants across Africa.<\/p>\n

As governments move to regulate virtual assets, it will support benchmarking, information exchange, and the development of standards that improve market integrity and interoperability.<\/p>\n

This is expected to help connect local activity to broader global markets and reduce the risk of regulatory fragmentation across the continent.<\/p>\n

The Virtual Assets Institute, on the other hand, will address one of the sector\u2019s most pressing challenges: the shortage of professionals who understand both the technology and the institutional environment.<\/p>\n

Through certification programs, training, and targeted capacity building, the institute will equip financial institutions and professionals with the tools to engage confidently with virtual assets across finance, compliance, product development, and public policy.<\/p>\n

Kenya\u2019s regulatory environment is also taking shape, with the draft Virtual Asset Service Provider Regulations, 2026 signaling that more detailed rules are on the way.<\/p>\n

The Chamber\u2019s initiatives are designed to ensure the industry is ready with standards, coordination, and professional capacity in place as regulation develops.<\/p>\n

The launch was reinforced by a recent industry dinner that brought together banks, exchanges, Virtual Asset Service Providers, payment service providers, and mobile money operators.<\/p>\n

Frank Mwiti, CEO of the Nairobi Securities Exchange (NSE), delivered the keynote, emphasizing the central role of trust as traditional financial market infrastructure and the virtual assets sector continue to converge.<\/p>\n

The virtual asset industry has decisively outgrown its origins.<\/p>\n

Wall Street\u2019s embrace is now unmistakable, with BlackRock\u2019s iShares Bitcoin Trust amassing over $50 billion in assets within its first year, the fastest-growing ETF launch in history.<\/p>\n

Major banks have also rapidly expanded virtual asset custody and trading desks.<\/p>\n

The Genious Act, advancing through the U.S. Congress, is set to unlock further liquidity by giving traditional financial institutions the regulatory clarity to issue and transact in digital dollars.<\/p>\n

Traditional finance is no longer observing from the sidelines; it\u2019s building the rails.<\/p>\n

The virtual asset industry has seen significant growth in recent years, transitioning from informal experimentation to a more structured and regulated environment. As governments across Africa begin to implement regulations, initiatives like the Standards Council and the Virtual Assets Institute are crucial for establishing benchmarks and fostering professional development within the sector. This evolution is essential for integrating local markets with global financial systems and ensuring market integrity.<\/p>\n

Find more news and analyses on Kenya<\/span> on the Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"

What You Need to Know The Virtual Assets Chamber of Commerce has launched the Standards Council and the Virtual Assets Institute to enhance trust and professionalism in Africa’s virtual asset industry. These initiatives aim to create a structured ecosystem that supports regulatory coordination and professional development as the sector evolves and matures. Africa-Press – Kenya. […]<\/p>\n","protected":false},"author":84,"featured_media":159725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4535,11821,544,14426,15769,9771],"class_list":["post-159727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa","tag-financial-institutions","tag-kenya","tag-regulation","tag-standards-council","tag-virtual-assets"],"yoast_head":"\nVirtual Assets Chamber Launches Standards Council in Africa - kenya<\/title>\n<meta name=\"description\" content=\"The Virtual Assets Chamber of Commerce launches a Standards Council to enhance trust and professionalism in Africa's virtuals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virtual Assets Chamber Launches Standards Council in Africa\" \/>\n<meta property=\"og:description\" content=\"The Virtual Assets Chamber of Commerce launches a Standards Council to enhance trust and professionalism in Africa's virtuals\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-04T15:48:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-04T16:44:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2026\/04\/sm_1775320946.59077.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"907\" \/>\n\t<meta property=\"og:image:height\" content=\"634\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Virtual Assets Chamber Launches Standards Council in Africa\",\"datePublished\":\"2026-04-04T15:48:14+00:00\",\"dateModified\":\"2026-04-04T16:44:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\"},\"wordCount\":515,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2026\/04\/sm_1775320946.59077.jpg\",\"keywords\":[\"Africa\",\"financial institutions\",\"Kenya\",\"Regulation\",\"standards council\",\"virtual assets\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/virtual-assets-chamber-launches-standards-council-in-africa\",\"name\":\"Virtual Assets Chamber Launches Standards Council in Africa - 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