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Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges

Report: Kenya to Start Levying Tax on Revenue Earned by Crypto ExchangesAccording to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes on revenues earned by cryptocurrency exchanges used by an estimated 4 million local […]

US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000

African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela

African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich AllelaA Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, will initially feature the works of Rich Allela, the award-winning photographer and filmmaker from Kenya. Perpetual Royalties […]

US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000