Policy Event Β· High impact

Kenya Finance Bill Targets VASP Fees And Annual Reporting

Kenya Finance Bill 2026 would expand excise duties to services offered by virtual asset service providers and require annual information returns on users and transactions. The proposal links VASP market access to tax collection, data reporting and cross-border information exchange readiness.

High impactπŸ‡°πŸ‡ͺ KenyaRegulationTaxationExchangeKenya Revenue AuthorityKPMG

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Named institutions or platforms: Kenya Revenue Authority, KPMG. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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