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Crypto traders are calling for a review of the digital asset tax barely a month into its implementation arguing the 3% tax on the value of the digital asset being transferred or exchanged instead of the profits is punitive and threatens the nascent sector. Allan Kaikai Director Legal at Blockchain Association of Kenya says coupled to the lack of regulation may hinder the growth of services associated with blockchain and crypto by crippling innovation. Connect with KBC Online; Subscribe to our channe: l: https://t.ly/86BKN Follow us on Twitter: https://twitter.om/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1TV Check our website: https://www.kbc.co.ke/
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Digital Assest Tax
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