Kenya Financial News

06.05 / 16:55

Twitter Bitcoin Twitter Founder Jack Dorsey's Crypto Firm Partners with Paxful's Ray Youssef for P2P Marketplace Venture

Jack Dorsey's crypto firm TBD has partnered with Paxful co-founder Ray Youssef to launch a decentralized peer-to-peer (P2P) crypto trading platform.

05.05 / 15:11

Ethereum Adoption Legal Square Bitcoin FCA Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue for Q1, UK Continues Crypto ATM Crackdown

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

05.05 / 01:45

regulation transactions Africa Taxes Money Transfers remittances Kenya considers tax on crypto, NFT transfers and online influencers

Kenya's lawmakers are considering the introduction of a 3% tax on cryptocurrency and nonfungible tokens (NFTs) transfers and a 15% tax on monetized online content, according to a newly introduced bill.

20.04 / 20:41

Blockchain Adoption regulation Crypto exchange Roqqu receives South African approval to expand operations

Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports.

18.04 / 13:59

Blockchain Adoption Investments African blockchain ventures outpace global funding growth: Report

The African continent continues to be a fertile ground for the growth and implementation of blockchain technology.

13.04 / 11:25

business defi Decentralized Exchange Africa Decentralization inclusion Financial Web3 economy to gain more traction in Africa through DeFi-based financial inclusion

The existence of the Web3 economy in Africa began with cryptocurrency. Using blockchain technology in Africa came with a lot of transformation in terms of transparency and control over finances. The Web3 economy in Africa is still gaining more traction with a DeFi-based financial inclusion.

30.03 / 19:39

defi regulation Federal Reserve Bitcoin Regulation Bitcoin regulatory Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure

In this week’s episode of Market Talks, Cointelegraph welcomes Brent Xu, founder and CEO of Umee — a decentralized finance hub built on the Cosmos SDK that offers tools for macro-level borrowing and lending applications. Before founding Umee, Xu led strategy at Tendermint while setting the strategic roadmap and partnerships for the Cosmos Ecosystem.

16.03 / 02:43

business Adoption defi identity OpenAI co-founder’s 'World ID' project launches, along with SDK waitlist

Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software development kit (SDK) — which will allow websites to verify the uniqueness and humanness of its users without storing their personal information.

22.02 / 20:59

Twitter Adoption Africa Lightning Network Bitcoin network bitcoin lightning Bitcoin Lightning Network growth is organic, coming from real-world adoption

Bitcoin’s Lightning Network (LN) capacity recently surpassed an all-time high of 5,000 BTC.

26.01 / 03:17

UPS Citi Racing 10,000 Black Interns boss Rebecca Ajulu-Bushell: Whoever wins the diversity race, wins the profit race

Former Great Britain champion swimmer Rebecca Achieng Ajulu-Bushell is fast emerging as a City champion on diversity.

25.01 / 16:29

business CBDC UK government Bitcoin Community Bitcoin UK Bitcoin community reacts to incoming CBDC and digital pound rollout

The UK Government's economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as "Important, complex, and cross-cutting" and will "require extensive engagement across and beyond the HM Treasury."

25.01 / 13:47

Adoption Africa renewable energy Bitcoin Bitcoin mining brings more than money to this East African country

A Bitcoin (BTC) mining project that taps into clean, stranded and excess hydro energy in Malawi has picked up steam. The company behind the project, Gridless, shared that there are now “1600 families connected to this remote hydro mini-grid in the mountains of southern Malawi.”

17.01 / 18:11

business Funding Africa Web3 games publisher Carry1st raises $27M

Mobile games publisher Carry1st has closed a $27 million funding round to advance its publishing and digital content creation platform in Africa — a region its backers say is ripe for Web3 adoption.

13.01 / 00:27

business Europe Nigerian crypto exchange Roqqu receives European virtual currency license

Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area, after two years waiting for the permission from regulatory authorities. The move allows the firm to operate in 30 countries and broaden its services within one of the world's largest crypto markets.

14.12 / 17:51

Adoption Africa Podcast Bitcoin Fonbnk’s Michael Kimani sorts out facts on crypto adoption in Africa

The African continent has been tipped as an important market for crypto adoption due to its young population, lousy economic management by governments and lack of efficient financial infrastructure to connect the continent internally and globally.

12.12 / 13:55

Africa Lightning Network Bitcoin network bitcoin lightning Bitcoin Lightning Network to be used in fiat transfers between EU and Africa

The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between CoinCorner and Bitnob opens a way for users across continents to perform cross-border transactions involving multiple fiat currencies.

09.12 / 16:53

Adoption Africa Energy Bitcoin Power Bitcoin mining project in Kenya helps power rural community

A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC).

06.12 / 15:37

Lightning Network lightning Bitcoin Cross-border Strike partners with Bitnob to facilitate cross-border payments into Africa

The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin (BTC) payments company has partnered with the mobile app Bitnob to facilitate payments into Africa.

25.11 / 01:01

regulation IMF IMF calls for tighter crypto regulation in Africa as the industry unfolds

The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22.

21.11 / 22:07

regulation Africa Taxes Kenyan legislation establishes crypto taxation, creates consumer protections

An amendment was introduced to the Kenyan law in capital markets on Nov. 21 that would require those who own or deal in cryptocurrencies to provide the country’s Capital Markets Authority with information on their activities for tax purposes, local media report. This is the first time Kenya has extended financial regulation to cryptocurrency.

21.11 / 20:03

Binance Withdrawals end News Summary: Nexo Sued in UK, FTX Japan to Resume Withdrawals by Year End, ConsenSys Partners with Celo

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

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