Kenya’s new crypto tax framework is officially in effect. The government has scrapped the unpopular 3% Digital Assets Tax and introduced a 10% excise duty on transaction fees only.
The change is already drawing attention at ongoing crypto events, where experts describe the update as a fairer and more sustainable approach. Michael Wachinga of PwC Kenya called the move “logical and supportive of innovation”, highlighting how the shift eases compliance burdens for traders and platforms alike.
By targeting only fees, Kenya has created one of the most innovation-friendly tax regimes in Africa, giving clarity to businesses and reducing costs for retail users. The move positions Nairobi as a serious fintech hub at a time when crypto adoption in Sub-Saharan Africa is soaring.
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