According to @GoChapaa, the GoChapaa crypto wallet was the first to apply for admission into the Capital Markets Authority (CMA) regulatory sandbox in Kenya as early as 2022 and is now officially listed among fintechs awaiting approval (source: @GoChapaa, May 7, 2025). This regulatory milestone signals growing legitimacy for crypto services in Kenya and may drive increased institutional participation and user trust in the region. Traders should monitor regulatory outcomes closely as approval could accelerate crypto adoption, liquidity, and trading activity in East Africa’s emerging blockchain market.