Crypto, influencers targeted in Kenya’s new tax bid

Former US CFTC commissioner says crypto space has ‘dire need for regulatory clarity’

Kenya is proposing new taxes to tap the growing digital economy in a bid to grow domestic revenues and narrow its fiscal deficit in response to the ongoing cash crunch. The East African country plans to charge a 3% tax on the transfer or exchange value of digital assets, while content creators will pay 15% […]

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