Nairobi, May 11 -- Cryptocurrency exchanges and platforms will be required to report their identity and transactions of their clients to the Kenya Revenue Authority (KRA) if MPs back proposals in the Finance Bill that seek to make it harder for investors in the digital assets to hide their gains from the taxman.

Through amendments contained in the Finance Bill 2026, virtual asset service providers will be required to disclose full transaction records for Kenyan customers via annual filings to the KRA.

The records include how much they paid, how much they sold their assets for, and any profits made, as well as those making payments for goods using cryptocurrencies.

Local traders are increasingly using crypto to pay for imports and Kenya...