Kenya’s Finance Bill 2026 Proposes 10% Excise Duty on Crypto Fees

Kenya’s Finance Bill 2026 proposes a 10% excise duty on fees charged by Virtual Asset Service Providers (VASPs), along with a one-time KES 150 million licensing fee, a KES 2 million annual renewal fee, and annual reporting of user and transaction details to the Kenya Revenue Authority (KRA). The bill’s crypto provisions are part of a wider tax package affecting digital payments and financial services. The new input reiterates the core VASP measures but does not materially change the previously reported details.

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