Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System
The post Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System appeared on BitcoinEthereumNews.com. The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya is considering AI and machine learning to combat tax evasion. These technologies would improve […] Source: https://news.bitcoin.com/kenyas-crypto-landscape-set-for-major-overhaul-with-new-tax-system/
The post Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System appeared on BitcoinEthereumNews.com.
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya is considering AI and machine learning to combat tax evasion. These technologies would improve […] Source: https://news.bitcoin.com/kenyas-crypto-landscape-set-for-major-overhaul-with-new-tax-system/
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