Kenya’s crypto rules risk pricing out smaller firms and shrinking the market, says VAAK

TechCabal | 27.03.2026 20:51
Kenya’s draft rules for virtual asset firms will place a heavy burden on startups, who say high capital demands, costly insurance, and ongoing fees could push many of them out of the regulated market, according to Rober Salim, chief executive officer of the Virtual Asset Association of Kenya (VAAK), an industry group representing 50 crypto firms in the country.