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@ Cointelegraph - by layer3.news
2025-06-09 11:33:57
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✍️ Kenya's proposed 1.5% crypto transaction tax risks losing its fintech leadership, driving startups abroad, and fracturing Africa's digital economy.
👉 Kenya's proposed 1.5% crypto transaction tax risks losing its fintech leadership
👉 The policy's current form could raise transaction costs and push users to informal channels
👉 The tax could compromise citizen privacy and deter legitimate actors from entering the formal financial system
👉 Kenya's regulatory decisions serve as a benchmark for other African nations and as signals to global investors and partners
👉 Implementing a blanket transaction tax could raise questions about whether policymakers view digital assets as speculative threats rather than infrastructure for innovation and inclusion
#ChebetKipingor #Kenya #Africa #Rwanda #SouthAfrica #Indonesia #EU #US #UK #technology
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