Kenya’s crypto industry takes a major leap forward with the launch of a new association designed to guide safe, transparent growth.
Kenya’s virtual assets sector has entered a new phase with the launch of the Virtual Assets Association of Kenya (VAAK), a non-political, non-profit body created to support responsible innovation and strengthen industry standards.
VAAK arrives shortly after the Virtual Asset Service Providers Act, 2025 took effect, assigning licensing and oversight duties to the CMA and CBK. The Association will work alongside these regulators while giving industry players a unified voice.
Its priorities include regulatory advocacy, development of best practices, public education, and expanding financial inclusion through digital asset literacy.
Founding Chairperson Dr. Peter Onyango said the moment marks a turning point:
“Kenya has always been a pioneer in digital finance… VAAK will champion collaboration, transparency, and responsible innovation, ensuring that this sector grows in a way that protects consumers, empowers businesses, and positions Kenya as a continental leader.”
Membership is open to licensed VASPs, fintech firms, blockchain developers, and advisory professionals.
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