[Kenya's 2026 Finance Bill Proposes 10% Excise Tax on Crypto Trading Platforms] According to Cryptopolitan, Kenya's 2026 Finance Bill proposes a 10% excise tax on virtual asset service providers, which is double the 5% rate applied to the gambling industry. The bill also requires crypto companies to pay a one-time licensing fee of 150 million Kenyan shillings and an annual renewal fee of 2 million Kenyan shillings before operating in Kenya. Additionally, they must submit annual reports to the Kenya Revenue Authority containing user and transaction details. Analysts believe this move could force crypto trading platforms and users to shift their operations to countries with more crypto-friendly policies, potentially weakening Kenya's significance in Africa's crypto market. Protests led by Gen Z have resumed in Nairobi and other areas, opposing the increased tax burden on digital services, cryptocurrencies, mobile, and financial transactions.