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Kenyan central bank says CBDC not a priority
Latest Kenya News
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The EFCC, Interpol, and Kenyan police are negotiating the extradition of the Binance executive.
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The Financial Action Task Force has directed Kenya to step up its efforts in prosecuting money laundering activities.
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The Worldcoin project, co-founded by OpenAI's Sam Altman, will offer WLD tokens at a suggested price of $1, according to BitKe. This presents a significant markdown from the current price
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CertiK found a security flaw in WorldCoin's code that could allow unauthorized access to become an Orb operator
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Kenya has suspended all Worldcoin project activities in the country until it can be confident that there are no risks to the public
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World Mobile, a decentralized wireless network operator, has obtained up to 20MHz spectrum in California, New Mexico, Nevada, and Utah
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Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya's Central Bank (CBK) has told the public that a CBDC is not a priority.
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Venom Foundation, the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub in the country
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Kenya's lawmakers are considering the introduction of a new bill that would impose a tax on cryptocurrency and non-fungible token (NFT) transfers, as well as monetized online content.
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New Kenyan law seeks to introduce income tax for cryptocurrency traders, says Kenya Revenue Authority (KRA). KRA proposes laws for crypto regulations The Kenyan National Assembly has received a bill calling for regulating and taxing cryptocurrency trading in Kenya today,…
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KenGen, Kenya’s energy production company, wants to provide bitcoin mining companies with its surplus geothermal power to support them meet their energy needs. KenGen to Support Bitcoin Mining In response to an upsurge in demand from various operators, Kenya’s energy…
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Blockchain features such as transaction immutability and unrivaled transparency can be harnessed to improve processes. Supply chain management firms can integrate the positives of distributed ledger technology (DLT) to drastically enhance their activities and save costs. In a webinar held on…
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The blockchain and cryptocurrency task force established by the Kenyan government is requesting that the authorities enable the development of initial coin offerings (ICOs). According to a report on iTWeb Africa on July 29, 2019, the country’s task force believes that…
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In a bid to ensure food security and quickly detect unsafe food products before they get to the consumers, the Kenyan government is looking to integrate distributed ledger technology (DLT), artificial intelligence (AI) and other new technologies into its food…
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On July 25, 2019, news broke of Kenyan Cabinet Secretary Joe Mucheru receiving a report from Bitange Ndemeo, which recommends blockchain technology to help tackle problems crippling Kenya such as land fraud, corruption, and solve election disputes. Blockchain’s Fine Qualities…
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A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital…
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