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Category: Government

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Kenya Proposes 3% Tax on Digital Assets

Kenya's Finance Ministry is proposing a 3% tax on cryptocurrency transfers and digital assets as part of its 2023-2024 budget plan, as other sources of funding are proving to be expensive or not accessible. This move is an attempt to increase revenue collection by the East African nation, which will see a 14% increase in revenue in the coming fiscal year if this proposal is accepted in June.

By Elizabeth Morrison

Published:May 4, 2023

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1 min read

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Use Non-Blockchain Precedents as a Guide To Self-Regulation Say Perkins Coie's Crypto Lawyers

Many companies are in a catch-22 when it comes to working with blockchain. On the one hand, organizations are fearful of doing nothing with blockchain because they know how, in the hands of a clever c...

By David BerlindPublished:April 18, 2023
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Deloitte: Businesses That "Sit on the Sidelines" While Others Pilot Blockchain Will Be Left Behind

Wendy Henry is the Global Practice Lead for Deloitte's Digital Assets and Cryptocurrency Consultancy; one of the firm's four business units dedicated to helping its business clients get the most out o...

By David BerlindPublished:April 1, 2023
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Overall Trust in Businesses Is at Record Lows. Can Blockchain Help to Bring it Back?

According to the Principal Leader of Deloitte's global Enterprise Trust Practice Michael Bondar, businesses are facing an unprecedented erosion of trust when it comes to their stakeholders (customers,...

By David BerlindPublished:April 1, 2023
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How Cryptocurrency is Funding Ukraine's Battle for Itself and the Soul of Democracy

While at DC Blockchain Summit 2023 in Washington, DC, Blockchain Journal editor-in-chief David Berlind got the chance to interview Open Dialogue Foundation President Lyudmyla Kozlovska about her organ...

By David BerlindPublished:March 30, 2023
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