PANews reported on May 26 that, according to Cryptopolitan, Kenya's 2026 Finance Bill proposes a 10% consumption tax on virtual asset service providers, double the 5% rate for the gaming industry. The bill also requires crypto companies to pay a one-time license fee of 150 million Kenyan shillings and an annual renewal fee of 2 million Kenyan shillings before operating in Kenya, and to submit an annual report to the Kenya Revenue Authority containing user and transaction details. Analysts believe this move could force crypto trading platforms and users to relocate their operations to more cryptocurrency-friendly countries, weakening Kenya's importance in the African crypto market. Protests led by GenZ have resumed in Nairobi and other locations, protesting the increased tax burden on digital services, cryptocurrencies, mobile phones, and financial transactions.