CryptoNeutralBlockonomi · 3h ago6/10
⛓️
Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026
Kenya's Treasury Secretary dismisses claims that Finance Bill 2026 introduces new cryptocurrency taxes, framing the legislation as a compliance measure instead. The bill mandates Virtual Asset Service Providers (VASPs) to submit annual activity reports to Kenya's tax authority (KRA), a requirement that KPMG warns could significantly increase operational costs for web3 platforms.