7 Aug
2024
7 Aug
'24
11:47 p.m.
Dear Listers, *Do you Agree?* Kenya's government remains ambivalent towards blockchain and cryptocurrencies despite growing public interest and economic activity in the sector. While the technology has garnered significant attention and investment, with Kenya emerging as a regional cryptocurrency hub, the government's stance remains unclear. A recent parliamentary grilling of the incoming Treasury Cabinet Secretary highlighted the lack of a coherent policy framework. Despite the Kenya Revenue Authority's imposition of taxes on cryptocurrency transactions, the Central Bank maintains a cautious approach, echoing the government's overall indecision. https://www.kictanet.or.ke/government-indifference-hampering-kenyas-crypto-l...