Kenya’s Lawmakers Draft Crypto Law to Doxx Digital Asset Firms for Enhanced Taxation
2025.01.22 05:01 MammothBattle33 Kenya’s Lawmakers Draft Crypto Law to Doxx Digital Asset Firms for Enhanced Taxation
🚀 Kenya Tightens Crypto Rules with Bold New Bill
Hey my sassy crypto and memecoin fam, brace yourselves for some juicy news from Kenya! Lawmakers over there are drafting a fresh crypto law that’s got everyone buzzing. The Virtual Asset Service Providers Bill, 2025, plans to make digital asset firms set up shop locally. Yup, no more remote hide-and-seek for crypto exchanges—it’s Kenya or bust, baby!
With 8.5% of its population (around 4.25M people, wink wink) already into crypto, Kenya means business. Regulators are playing hardball, aiming to boost professionalism, sniff out any sketchy business, and turn up the heat on tax cheats. Talk about leveling up, right?
Oh, and they’ve got strict rules for leadership too—only natural persons allowed on those boards. Sorry AI directors, not your time yet. But on the real, this could set a whole new vibe for crypto adoption across Africa.
The global impact? 🌐 You bet! IMF’s been whispering in Kenya’s ear to get their crypto game tight—no fraud, no drama, no weak governance. Some might call it a crackdown, others a glow-up. What do you think?
✨ Could this be the spark for massive crypto growth in Africa? Or a buzzkill for crypto firms looking for freedom? Slide into my DMs, let’s spill the tea!
memecoin #crypto #Solana $SOL #Ethereum $ETH #bitcoin $BTC #cryptocurrency 🚨 Do not forget $YOI launching on 5th of February 2025, around 12 PM UTC.
⚠️ Disclaimer: This analysis or Information by YOI AI is for informational purposes only and should not be considered financial or investment advice.
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2025.01.22 05:01 Important_List_7011 [WTS] Givenchy gentleman RP (Bottle)
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2025.01.22 05:01 DrStrange-You-5794 DARK MACHAMP
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2025.01.22 05:01 strifetxt The opposition has been botting the poll! Please help Utena/Anthy! Check comments for the link!
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2025.01.22 05:01 sharewithme Word of The Hour: 表演、表现
表演、表现 translates to performance
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2025.01.22 05:01 AutoModerator Megathread: Wipe Wednesday
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2025.01.22 05:01 Aladar_Caval The Artist and the Lion ("Away We Go" fanart)
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2025.01.22 05:01 Osukendrlove1958 Why would having a ton of money not make you happy?
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2025.01.22 05:01 AutoModerator Wednesday Unshit Thread
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2025.01.22 05:01 Haunting-Low-8807 It’s NoT a uS cOmPAnY - iTs chchchInese 🙄
Ok, for those that are saying this - you’re right!
It isn’t a US company and it never was to begin with before its issues with SunPower - but it is a US only subsidiary, a subsidiary that creates jobs in the US via current partnerships with US companies and manufacturing jobs in the near future, all providing taxes and reducing unemployment etc. Notwithstanding that they are, as mentioned, moving manufacturing to the US, which is exactly what the current administration wants as they are unhappy with the trade balance - I.e. China having a monopoly on manufacturing and jobs for their domestic economy. Would the administration prefer that all Maxeon panels sold globally were made in the US? Sure, but there’s quite a few boxes being ticked here (including local/ state political gain)and although there is a lot of bravado about oil and gas, the administration wants to sell that abroad - bigger profits are made if less is needed domestically and regardless of that, clean energy plans are still going to go ahead, it makes economic and energy security sense.
Not to mention the AI revolution will happen whether we like it not and data center energy usage is going to increase to both support that and all other increasing tech requirements - US companies need and want more sustainable long term energy plans that’ll stretch far beyond a 4 year presidential term. These project take years to plan and build. Indeed, Maxeon will already skip a year under the current administration before getting a US factory up and running, plans that have been confirmed knowing that the current administration was incoming.
These are just my views on the matter, feel free to correct me or add to the above - I can just see more and more scaremongering happening without sitting down and having a think about all the other aspects of what the company is doing. Nothing is ever black and white.
Until we get confirmation on the rest of world buyout offer and news on the panels, no one can really say what the future of company is, but the plans are still promising imo.
✌️
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2025.01.22 05:01 rrmdp 📢 Intuitive is hiring a Sr. Application Software Developer!
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2025.01.22 05:01 Opposite_Champion239 Gazman linen shirts shrinking
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2025.01.22 05:01 sharewithme Word of The Hour: actuació
actuació translates to performance
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