Kenya Financial News

03.11 / 00:17

Deal peace end Ethiopia: Peace deal signed to end conflict in Tigray region

The Ethiopian government and rebels from the northern Tigray province have agreed to a permanent cessation of hostilities. No one knows how many have died, but over two years of brutal war, the number is thought to be in the hundreds of thousands.

02.11 / 17:41

Adoption Africa Fiat Money We need to move a lot faster on Global South Bitcoin adoption — Paxful CEO

Cointelegraph hit the gym with Ray Youssef, co-founder and CEO of Paxful, to tackle Bitcoin adoption in the Global South. In between sets and a little out of breath, Youssef told Cointelegraph, “The Global South is where we should be looking” for Bitcoin (BTC) adoption.

27.10 / 17:11

Blockchain Adoption Africa exchanges Backed Coinbase, Alameda-backed Mara launches African crypto wallet service

Some two million users in Nigeria and Kenya are set to be onboarded to a new cryptocurrency wallet backed by the likes of Coinbase Ventures and Alameda Research.

14.10 / 17:59

Blockchain Technology Adoption Insurance Smart contract-enabled insurance holds promise, but can it be scaled?

A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor and too dispersed to justify the cost of underwriting.

29.09 / 15:31

Adoption Africa Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use.

21.09 / 04:39

Digital Paxful Bitcoin Kenya’s central bank governor finally sees the push for Bitcoin

Kenya’s governor of the central bank, Patrick Njoroge, acknowledged that he was under external pressure from cryptocurrency enthusiasts to convert the nation’s reserves into Bitcoin (BTC).

20.09 / 15:39

business Web3 identity services Payments platform Fuse integrates ChromePay to bring DID services to Africa

Web3 payments platform Fuse has partnered with ChromePay, an identity-based payment solution, to launch a new suite of payment products in Africa — a move designed to boost financial inclusion on the continent.

15.09 / 12:41

Blockchain Provident FIVE Bitcoin This country is leading in ‘Global Cryptocurrency Adoption Index’

Emerging markets are leading the cryptocurrency adoption index globally, says a Chainalysisreport. It adds that lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.

14.09 / 14:05

Blockchain Adoption index Emerging markets lead global adoption index: Chainalysis report

While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they surpass higher-income countries in an index that measures adoption.

09.09 / 22:35

European Union Queen Elizabeth II Royal Family trudeau From Churchill to Yeltsin and Tito to Trudeau, the Queen's extraordinary reign in pictures

Queen Elizabeth II's death on Thursday marks an end to her record-breaking seven decades on the throne, with only France’s Louis XIV ahead of her in the history books.

05.09 / 12:17

Blockchain Adoption Binance Africa Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone

17.08 / 13:55

Sport European Union Floods in Paris as city hit by 'near-monthly rainfall in 90 minutes'

There are warnings of thunderstorms in many parts of France on Wednesday, in an abrupt interruption to the heatwave the country has been experiencing for weeks.

17.08 / 13:29

Sport European Union Why the sale of guns on Facebook in Iraq is so 'rife'

Facebook users in Iraq are exploiting the platform's lack of Arabic and Kurdish-language moderation policies in order to purchase guns online, according to a report.

10.08 / 16:25

Adoption Bitcoin Bitcoin without internet: SMS service allows sending BTC with a text

An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money.

09.08 / 12:59

COST Digital Cooper Reserve Reserve Bank of Australia Rolls Out CBDC Pilot Project

The Reserve Bank of Australia (RBA) has launcheda year-long trial to explore a central bank digital currency's (CBDC) business models and innovative use cases.

12.07 / 06:57

solana crypto news Shiba Inu Bitcoin Crypto Price Today: Bitcoin nears $20,000; Solana, Shiba Inu gain

Traders are keenly awaiting the latest US consumer price index reading, expected Wednesday. The report could influence market expectations over the Federal Reserve's next move, at a meeting later this month. Barring Solana and Shiba Inu, all other crypto tokens were trading in the red. Cardano dropped 2 per cent, whereas Unus Sed Leo tumbled up to a per cent.

02.07 / 11:48

Blockchain Adoption Africa Bitcoin Moon African celebrities join degens on the journey to the moon

African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform the trajectory of their lives forever.

21.06 / 15:10

business BMW Bitcoin Bitcoin in Zimbabwe: Importing cars and sending money to family

Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic.

11.06 / 00:37

Blockchain Adoption Bitcoin Here’s how blockchains are helping to advance the global energy grid

The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and environmental protection advocates have routinely expressed concerns about the amount of energy required to keep the Bitcoin network secure. Data shows the network’s energy consumption now rivals the yearly energy consumed by some small countries.

10.06 / 22:17

Stablecoin Adoption remittances Usd Coin MoneyGram’s USDC transfer service launches in several countries

Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients.

07.06 / 12:31

business Adoption IOTA DELL tracking Time IOTA Foundation joins Dell to develop real-time carbon footprint tracking

IOTA Foundation, a non-profit distributed ledger technology ecosystem provider, partnered with tech giant Dell Technologies to develop a data-driven solution for the real-time tracking of carbon footprints.

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