Is crypto taxed in Kenya? Taxation of Cryptocurrency in Kenya. #Bitcoin and other cryptocurrencies are taxed under capital gains tax. Cryptocurrency profits and income are subject to a flat 5% tax rate in Kenya. Trading losses are also allowed and can be carried forward to offset future profits.
Can anyone do an ICO? Anyone can launch an ICO. With very little regulation of ICOs in the U.S. currently, anyone who can access the proper tech is free to launch a new cryptocurrency. But this lack of regulation also means that someone might do whatever it takes to make you believe they have a legitimate ICO and abscond with the money.
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