Kenyan lawmakers are currently advancing a law that would allow for the taxation of cryptocurrencies. If the bill is approved, cryptocurrency investors in the country will have to pay capital gains tax to the Kenya Revenue Authority when they sell or use cryptocurrencies in transactions. According to a report released by the United Nations Conference on Trade and Development in June, 8.5% of the country's population, or 4.25 million people, own cryptocurrencies. (Business Daily)