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.
Regulation
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.
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.
Bank of Ghana says crypto regulations will go live by September
Ghana’s apex bank plans to establish a special crypto task force to enforce new crypto rules once they are passed
Nigeria’s SEC needs more ‘due diligence’ before approving more crypto licenses - DG
Since it granted temporary approvals to Quidax and Busha last year, the agency has hesitated to grant licenses to more crypto firms.
South Africa’s FIC flags crypto crime risks for VASPs — Report
The agency says that criminal actors are turning to crypto to launder their profits and wants licensed VASPs to report them
Rwanda introduces draft regulations for cryptocurrencies
Authorities in the country want exchanges to apply for operating licenses or risk prosecution.