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Kenya Capital Markets Authority

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto AssetsA bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital currencies.” The persons that receive licenses from the regulator are also required to maintain […]

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains TaxAccording to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets Authority with details such as “the amount of proceeds from the […]

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet