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Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

Kenyan Treasury clarifies Finance Bill 2026 crypto rules while KPMG highlights steep operational compliance for VASPs.

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news.bitcoin.comStai leggendo3 mesi fa

Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

Kenyan Treasury clarifies Finance Bill 2026 crypto rules while KPMG highlights steep operational compliance for VASPs.

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standardmedia.co.ke3 mesi fa

Digital payments sector pushes back on new levies at Africa Day crypto forum

Kenya's Finance Bill 2026 proposes 16% VAT on mobile payments and new crypto compliance mandates; Binance leads industry lobbying for exemptions. Sub-Saharan Africa's on-chain volume hit $205B (+52% YoY); the levies risk stalling adoption and shifting costs to consumers.

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lunedì 25 maggio 2026·standardmedia.co.ke
Digital payments sector pushes back on new levies at Africa Day crypto forum
Finance Bill 2026 has put the digital payments sector on edge, with the cryptocurrency industry calling on the government to grant tax exemptions on proposed new levies.
mercoledì 27 maggio 2026·news.bitcoin.com
Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules
Kenyan Treasury clarifies Finance Bill 2026 crypto rules while KPMG highlights steep operational compliance for VASPs.