The National Treasury has proposed bringing unclaimed cryptocurrencies and stablecoins under the statutory oversight of the Unclaimed Financial Assets Authority (UFAA).
The policy shift follows a massive 46.5% surge in Kenyan crypto transactions to a record KES 740 billion ($5.7B) in the year to June 2026 (up from KES 505 billion the prior year), moving to capture dormant digital wealth under formal state custody alongside traditional bank deposits and securities.
The policy shift follows a massive 46.5% surge in Kenyan crypto transactions to a record KES 740 billion ($5.7B) in the year to June 2026 (up from KES 505 billion the prior year), moving to capture dormant digital wealth under formal state custody alongside traditional bank deposits and securities.