Latest News and Articles about Kenya
Worldcoin Hit with Regulatory Bans in Kenya and Indonesia Over Privacy Concerns
Worldcoin Faces Regulatory Hurdles as Kenya and Indonesia Take Action Worldcoin, a cryptocurrency project aiming to create a digital identity system, faces significant regulatory challenges in Kenya and Indonesia due to data privacy concerns. Kenyan court rules Worldcoin’s data collection illegal Indonesia suspends Worldcoin operations Worldcoin token value drops over 5% In a bold move […]
Read MoreRipple’s RLUSD Pilot Aims to Alleviate Drought in Kenya Using Blockchain
Ripple’s RLUSD Pilot Brings Hope to Kenyan Pastoralists Amid Drought In Laikipia County, Kenya, Ripple has launched a pilot project to combat drought using its stablecoin, Ripple USD (RLUSD). This initiative, in partnership with Mercy Corps Ventures and DIVA Donate, aims to provide financial relief to approximately 533 pastoralists, leveraging blockchain technology and smart contracts. […]
Read MoreIMF Urges Kenya to Regulate Crypto, Appoints Marathon Digital for Guidance
IMF Urges Kenya to Establish Clear Crypto Regulations to Tackle AML/CFT Risks The International Monetary Fund (IMF) has called on Kenya to develop a comprehensive regulatory framework for cryptocurrencies to address rising risks associated with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). This push for regulation comes as Kenya appoints Marathon Digital, […]
Read More