Marathon Digital, Kenyan government discuss crypto policy, energy use
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary. Go to Source
Kenya
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Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan … Read more
Aleksandr Li: Understanding Pik-Swap and the Hybrid Decentralized Wager Platform
N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players to bet, wager, and win in the best games of skill and chance. The ecosystem’s platforms are already licensed in Uganda and Kenya. Li Aleksandr … Read more
Kenyan crypto tax bill makes it through Parliamentary Committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya. Go to Source
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto. Go to Source
Kenya to introduce digital IDs for citizens by year-end
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. Go to Source
Parliamentary committee calls for shutdown of Worldcoin in Kenya
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers. Go to Source
Kenya forms parliamentary committee to investigate Worldcoin
The controversial crypto project’s launch has been marred into controversy and it’s already facing investigations in nearly half a dozen countries. Go to Source
Worldcoin cryptocurrency project suspended in Kenya
Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data. Go to Source Powered by WPeMatico
Blockchain technology lets East African farmers sell globally
Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor. Go to Source Powered by WPeMatico
