National Assembly Proceedings Summary

Tuesday 24th June, 2025 | Afternoon Session

The National Assembly session on June 24th, 2025, covered a range of significant topics including the Virtual Asset Service Providers Bill, the fourth basis for revenue sharing among counties, and preparations for upcoming legislative activities. Key discussions focused on digital asset regulation, equitable resource allocation to counties, and economic inclusion for marginalized groups, alongside plans surrounding peaceful Gen Z-led demonstrations.

Bills Discussed

Virtual Asset Service Providers Bill, National Assembly Bill No. 15 of 2025
Supplementary Appropriation (No. 2) Bill, 2025

Topics Discussed

Virtual asset regulation and consumer protection
Fourth basis for revenue sharing among counties
Financial adjustments for the fiscal year 2024–2025
Cross-border security and public safety
Technological and economic inclusion
International legislative collaboration and women’s representation

Key Takeaways and Decisions

Adoption of the fourth basis for revenue sharing: KES 415 billion allocated to counties, including an additional KES 4.46 billion for 12 historically underfunded counties
Advancement of the Virtual Asset Service Providers Bill: Introduced comprehensive regulation for digital finance and investor protection
Approval of budget increases: KES 35.7 billion approved for the 2024–2025 fiscal year
Concern over media portrayal and calls for safety measures in border regions
Emphasis on digital literacy and fraud prevention, with stronger consumer protections in digital finance
Reinforcement of peaceful civic engagement, particularly regarding anticipated Gen Z demonstrations

Major Participants

Speaker of the National Assembly
Majority Leader of the National Assembly
Hon. Kimani Ichung’wah: Advocated for the Virtual Asset Service Providers Bill
Hon. Sam Atandi: Led discussions on equitable revenue sharing
Hon. William Kamket: Engaged in debate over peace and security narratives
Various committee chairs and MPs: Contributed to debates on fiscal policy, public safety, and digital regulation

Key Moments

Approval of national budget adjustments and additional county allocations
Public reaffirmation by Hon. William Kamket, who declared himself a "Prince of Peace" and a "peace-loving Kenyan" during heated debate on security and regional stereotyping
Announcement of the next session scheduled for Wednesday, 25th June 2025, at 9:30 a.m.

This summary was generated from official YouTube streams of the Kenyan Parliament using bunge-bits, an automated transcription and summarization tool.