The Kenyan government passed the Digital Assets Tax into law, mandating crypto users to pay a 3% tax anytime they exchange an asset.
State of crypto in Africa
This comes a month after the country’s parliament passed the bill and forwarded for approval
Nigeria was previously ranked as the most crypto-curious country in the world.
In Nigeria, 99% of those surveyed knew about crypto, and over 70% understood what a blockchain is.
In this edition: South Africa's central bank is showing its counterparts on the continent how regulation is done; DeFi can be very important to plugging our financing gaps — and a few are innovating in that direction already.