KRA nets Sh1.1bn digital tax revenue in 21 months

According to official data, 10 million Kenyans held one form of a Digital Asset as at the close of 2024, with significant growth in trading involving cryptocurrencies.

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The Kenya Revenue Authority (KRA) collected Sh1.1billion from taxes on digital asset transactions between September 2023 and June 2025, new disclosures showed.

The revenue collection from digital taxes between September 1, 2023, and June 30, 2025, means that the KRA handled an estimated Sh36.1billion worth of asset transactions over the 21 months, going by the 3 percent tax rate on such assets between September 2023 and June 2025.

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Note: The results are not exact but very close to the actual.