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MPs launch law changes for cryptocurrencies taxation
A parliamentary committee has backed a Bill that will allow the taxation of more than four million Kenyans estimated to be trading in cryptocurrencies. PHOTO | SHUTTERSTOCK
A parliamentary committee has backed a Bill that will allow the taxation of more than four million Kenyans estimated to be trading in cryptocurrencies as MPs accused the Central Bank of dragging its feet on regulating the industry.
The National Assembly’s Finance and National Planning Committee has approved the publication of the Capital Markets (Amendment) Bill, 2023 sponsored by Mosop MP Abraham Kirwa.
