Kenya Earns Big in Crypto: 775 Million in Tax Revenue

Cryptocurrency traders in Kenya paid $77.5 million in taxes during the 2023-24 financial year, as reported by Anthony Mwaura, head of the Kenya Revenue Authority. This revenue is significant for th

e Kenyan government as it seeks to collect $465 million in crypto taxes. Kenya’s interest in cryptocurrency taxes highlights the importance of the digital currency market for the country’s economy.

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