In the Finance Bill 2026, crypto Virtual Asset Providers are entitled to a 10% excise duty now.


For context, the rate for betting companies is at 5%.
This means kenyan crypto users will have to pay more, or the platforms will have to compress on profit margins.
Remember, they are still entitled to Ksh 150M upfront fee and Ksh 2M annual license renewal fee in the VASP bill.
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