KRA eyes crypto dealers in plan to raise Sh21tn in five years

Kenya Revenue Authority Commissioner General Humphrey Wattanga. [File, Standard]

The Kenya Revenue Authority (KRA) is targeting to collect Sh60 billion from digital coin traders in the government’s renewed efforts to have Kenyans pay taxes.

The targeting of digital coin dealers such as bitcoin, famously known as forex traders, is among the efforts by KRA to collect Sh20.486 trillion in the next five years according to its newly...