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Kenya Capital Markets Authority – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 04 Apr 2023 06:30:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Kenya Capital Markets Authority – DIGIT INFO https://www.digit.info 32 32 Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets https://www.digit.info/alleged-kenyan-bill-proposes-widening-definition-of-securities-to-include-crypto-assets/ Tue, 04 Apr 2023 06:30:40 +0000 https://www.digit.info/2023/04/04/alleged-kenyan-bill-proposes-widening-definition-of-securities-to-include-crypto-assets/ Read more]]> A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital currencies.” The persons that receive licenses from the regulator are also required to maintain […]

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Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax https://www.digit.info/report-kenyan-lawmaker-proposes-introducing-crypto-income-and-capital-gains-tax/ Wed, 23 Nov 2022 11:00:51 +0000 https://www.digit.info/2022/11/23/report-kenyan-lawmaker-proposes-introducing-crypto-income-and-capital-gains-tax/ Read more]]> According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets Authority with details such as “the amount of proceeds from the […]

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