Latest News and Articles about Kenya
Bitcoin Lightning and Kenya’s M-Pesa Could Bridge Crypto Payments and Mobile Money
Bitcoin’s Lightning Network is reportedly linking up with Kenya’s M-Pesa mobile money system, a move that could bring fast, cheap Bitcoin payments closer to everyday use in one of Africa’s most important financial markets. Bitcoin Lightning Network meets M-Pesa Potential bridge between Bitcoin and mobile money Could improve remittances, merchant payments, and everyday spending Big […]
Read MoreTando Brings Bitcoin to Kenya via Phone Numbers, Raising Custody Questions
Tando is aiming at one of crypto’s oldest headaches: making Bitcoin easy enough for normal people to use. In Kenya, where mobile money is already part of daily life, the idea of receiving Bitcoin with just a phone number could be a very practical leap forward. Tando is reportedly enabling Bitcoin receives through phone numbers […]
Read MoreEACC Pushes AI and Blockchain to Combat Corruption Across Africa
EACC Chief Champions AI and Blockchain in Africa’s War on Corruption Kenya’s Ethics and Anti-Corruption Commission (EACC) is leading a clarion call for African anti-corruption agencies to harness cutting-edge technologies like AI, blockchain, and data mining to dismantle the entrenched networks of corruption and financial crime. At a landmark conference hosting representatives from 24 African […]
Read MoreKenya Forms Crypto Fraud Unit as 2024 Losses Hit $43 Million
Kenya Launches Specialized Unit to Battle Crypto Fraud as Losses Skyrocket to $43 Million Kenya is taking a stand against the epidemic of cryptocurrency fraud that has cost its citizens dearly, with a staggering $43.3 million lost in 2024 alone. The Directorate of Criminal Investigations (DCI) has rolled out a specialized unit to confront this […]
Read MoreWorldcoin 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, […]
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