PwC lends weight to crypto lobby against Kenya’s digital asset tax
The coalition is pushing to scrap Kenya’s now-revised 1.5% crypto transfer tax, calling it unfair, innovation-stifling, and out of step with global norms.
Policy
South African court rules that crypto is not subject to exchange control regulations
According to Judge M. P Motha, crypto is not money, and the scope of current regulations do not define crypto as capital.
VACC hosts crypto training session for Kenyan lawmakers
The training session, supported by Binance, looked to help the regulators gain hands-on experience on the workings of digital assets before passing regulations.
Nigeria plans to develop new blockchain policy, again
Two years ago, the country launched a blockchain policy, which it has not implemented yet. Now, it is ditching the document in favor of a new policy.
Zimbabwe launches blockchain-based carbon credits trading registry
The country wants to establish trust by making all transactions immutable and transparent.
Nairobi Securities Exchange to launch digital platform to trade tokenized real-world assets
The Kenya Digital Exchange (KDX), designed in partnership with DeFi Technologies, is set to launch before the end of the year.
Scoop: Kenyan crypto players mount lobbying push against asset tax
A coalition of VASPs is mobilizing to lobby against the proposed tax law, seeking support from global tax experts to bolster its efforts.