Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

The US House Ways and Means Committee has released a set of seven crypto tax discussion drafts aimed at giving more structure to how digital-asset investors are taxed in the country.  The effort is intended to clarify rules around timing and treatment, an area where crypto-related tax questions have often left investors and tax professionals […]

According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state’s…

Kenya’s Finance Bill 2026 has proposed new reporting obligations for crypto platforms and fresh taxes on digital payments as authorities move to expand tax collection powers across the financial sector. According to an analysis published by KPMG Kenya, the bill…

Critics say the new 22% crypto tax, set to take effect in 2027, unfairly favors other asset classes with a much lower tax burden.

The petition's momentum highlights generational economic discontent, potentially influencing broader policy debates on fairness and taxation. The post South Korean government faces pressure as crypto tax petition surpasses 52,000 signatures appeared first on Crypto Briefing.

Italian investigators traced €1 million in undeclared crypto gains through a Bitcoin Ordinals trading operation after analyzing activity tied to a seized Ledger wallet. Chainalysis detailed how blockchain records and exchange data helped reconstruct the alleged trading flows. Italian Crypto Tax Investigation Focused on Ordinals Trading Italian financial investigators traced more than €1 million ($1.16 […]

[PRESS RELEASE – Johannesburg, South Africa, May 18th, 2026] VALR, Africa’s leading digital asset infrastructure provider, served as diamond sponsor of the Kenya Blockchain & Crypto Conference held in Nairobi on 14 and 15 May 2026. Peter Mwangi, VALR’s newly appointed Country Manager for Kenya, delivered a keynote address in which he outlined his vision […]

The post Kyrgyzstan to permit banks, financial institutions to conduct crypto transactions appeared on BitcoinEthereumNews.com. Kyrgyzstan is preparing to permit banks and other financial institutions to officially conduct cryptocurrency transactions. The changes, which will let them buy and sell digital coins, come amid new sanctions over the nation’s role in helping Russia bypass restrictions. Kyrgyzstan to authorize banks to work with cryptocurrencies The government of Kyrgyzstan plans to allow banks and non-bank financial institutions to trade and convert cryptocurrencies on behalf of their clients. This will be done through amendments to the country’s law “On Virtual Assets” drafted by the Ministry of Economy and Commerce, local and regional media unveiled Wednesday. The respective bill has been published for public discussion, according to reports by the Russian crypto news outlet Bits.media, the Northern Newspaper website and Inbusiness.kz. Under the updated law, banking organiz