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Kenya drops controversial 3% digital asset tax after industry pushback Kenya CryptocurrenciesKenya has officially withdrawn a proposed 3% digital asset tax following strong opposition from industry players and stakeholders. The tax, first introduced two years ago, faced growing resistance, particularly over the past year, led by the Virtual Assets Chamber of Commerce (VACC).June 30, 2025
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Kenya proposes joint oversight by five agencies to regulate crypto sector Kenya CryptocurrenciesKenya is advancing towards the formal regulation of its fast-growing cryptocurrency industry, following strong backing from a parliamentary committee. The National Assembly’s Finance Committee has endorsed a proposal for five government agencies to jointly oversee the operations of virtual asset service providers (VASPs).June 26, 2025
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Kenya cuts betting excise duty to 5% in major tax reform Kenya RegulationKenya’s Parliament has approved a major amendment to the Finance Bill 2025, reducing the excise duty on betting stakes from 15% to 5%.June 20, 2025
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Betting firm backs Mathare United in boost for Kenyan football Kenya Sports bettingInternational betting giant 1XBet has been officially announced as the new principal shirt sponsor for Mathare United’s Men’s and Women’s teams, marking a major milestone in the club’s history.June 12, 2025
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Kenya moves to make betting firms fund gambling addiction treatment Kenya RegulationBetting firms in Kenya could soon be compelled to contribute a portion of their profits towards a fund dedicated to rehabilitating gambling addicts, if a proposed government-backed law gains approval in Parliament.June 2, 2025
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Kenya bans celebrities from gambling ads under new rules Kenya RegulationKenya's Betting Control and Licensing Board (BCLB) has banned celebrities, influencers, and content creators from gambling advertisements following the end of a 30-day advertising suspensionMay 30, 2025
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Kenya fines eight broadcasters for airing illegal gambling promotions Kenya RegulationThe Authority acknowledged the seriousness of the matter and emphasized its commitment to maintaining the integrity of Kenya’s communications sector.May 27, 2025
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Kenya’s Parliament opens public hearings on landmark cryptocurrency bill Kenya CryptocurrenciesKenya's Departmental Committee on Finance and National Planning has officially launched public hearings today, the 22nd of May, on the Virtual Asset Service Providers Bill, 2025, the country’s first major legislative effort to regulate the fast-growing digital asset sector.May 22, 2025
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SportPesa eyes Ksh 2 billion, 15-year deal to sponsor Kenyan Premier League Kenya Sports bettingKenya’s top-flight football is on the brink of a major revival as SportPesa enters advanced negotiations with the Football Kenya Federation (FKF) over a Ksh 2 billion, 15-year sponsorship deal for the Kenyan Premier League (KPL).May 21, 2025
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BCLB and AGOK launch campaign to promote responsible gambling in Kenya Kenya RegulationThe Betting Control and Licensing Board of Kenya (BCLB), in partnership with the Association of Gaming Operators Kenya (AGOK), unveiled a new national awareness campaign today aimed at educating the public about responsible gambling practices.May 18, 2025