Bitcoin Tax Dispute Kenya Tightens Rules
Kenyan Treasury CS John Mbadi refutes new crypto tax claims, while KPMG warns Finance Bill 2026 will increase compliance costs for web3 platforms. Legal
Kenyan Treasury CS John Mbadi refutes new crypto tax claims, while KPMG warns Finance Bill 2026 will increase compliance costs for web3 platforms. Legal
Kenya’s Finance Bill 2026 mandates annual returns for VASPs and reinstates a 20% tax on gambling winnings, aiming to curb crypto-offshore tax evasion. #Update #Legal
Kenyan court detains Dickson Nyakango for $440K crypto scam investigation; DCI to trace GSIWEA app amid fraud crackdown. Kenya plans 2025 VASP Act for exchange oversight. #Breaking #Legal
@Ripple’s RLUSD initiative uses blockchain to deliver instant aid to Kenyan pastoralists affected by drought, leveraging satellite data and smart contracts for optimized relief (April 4) #Update #Crypto $XRP (+3) ↗
Kenya’s Directorate of Criminal Investigations regained control of its X and Facebook accounts after hackers promoted fake cryptocurrency on Feb. 9. #Update #Crypto (+3) ↗ (Source: News.Bitcoin)
@Coinbase commissioned a study with Ipsos revealing that over two-thirds of adults in Argentina, Kenya, Philippines, and Switzerland view crypto as a solution to outdated financial systems. In Kenya, 94% see crypto as essential for modernization. #Update #Crypto (+4) ↗
Kenya plans to legalize cryptocurrencies, aiming to regulate Virtual Asset Service Providers and mitigate risks like money laundering, according to Treasury Cabinet Secretary John Mbadi’s announcement on January 10. #Update #Crypto (+6) ↗
Kenya is drafting legislation to regulate cryptocurrencies, with a proposal open for public feedback until Jan. 24, marking a significant step in crypto oversight by the Kenyan government. #Update #Legal #Crypto (0) →
Kenya is set to regulate cryptocurrencies with a draft proposal open for public feedback until Jan. 24, marking a significant step in the country’s digital asset landscape. #Update #Legal #Crypto (+3) ↗
Kenya’s Treasury Cabinet Secretary John Mbadi announced plans to legalize cryptocurrencies, aiming to create a regulatory framework for virtual assets and service providers. This marks a shift from past government warnings. #Update #Legal $BTC (+6) ↗