# International Monetary Fund Recommends Kenya Require Crypto Transfer Data By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/53921 Published: 2026-11-11T12:12:41.000Z Updated: 2026-11-11T12:12:41.000Z Section: Regulation > The proposal would require providers to collect and verify sender and recipient details for regulated transfers. Kenya’s virtual-asset law took effect Nov. 4, 2025. The International Monetary Fund recommended that Kenya require crypto providers to collect, verify and transmit sender and recipient identity details for regulated transfers, adding a compliance duty to the country’s virtual-asset framework. The information would include names, account details, addresses, identification numbers and wallet data. The IMF’s Nov. 6 technical assistance report identified a gap in Kenya’s international information-sharing requirements for crypto transfers and recommended placing the duties in virtual asset service provider regulations or another suitable legal instrument. Kenya’s Virtual Asset Service Providers Act, 2025, took effect Nov. 4, 2025. The Central Bank of Kenya and the Capital Markets Authority oversee different sectors under the law. The recommendation adds to the country’s broader push for [stronger virtual-asset oversight](). In general, the Travel Rule requires virtual-asset firms and financial institutions to gather and keep specified details about both parties to a transfer, then send those details securely. The Kenya recommendation specifically calls for providers to collect, verify and transmit identity information for regulated transfers. ## Links in this article - [stronger virtual-asset oversight](https://www.tokenpost.com/news/regulation/50154)