Kenya Finance Act takes effect, charging 1.5% tax on digital currencies
The law charges a digital services tax on all digital marketplaces and services, as the government seeks to raise $46 million from the sector.
Latest Kenya News
UN calls for blockchain to fight rampant corruption in Kenya
Integrating blockchain technology can help Kenya save billions of dollars lost each year to corruption, according to the United Nation.
Kenyan central bank exploring CBDCs, digital currency regulation
The Central Bank of Kenya is in discussions with other central banks globally regarding the introduction of a central bank digital currency.
Shamba Records taps blockchain to transform agriculture in Africa
The Kenyan startup caters to over 6,000 small-scale farmers in rural areas, enabling them to leverage technology to increase their income.
Africa’s P2P trading reaches triple-digit growth
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Why Africa is the next frontier for digital currency
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
Kenya ride-hailing app taps blockchain to provide ‘trusted’ drivers
Maramoja is a ride-hailing app that uses blockchain and AI to match passengers with drivers they can trust.
Kenya police pursuing alleged fraudster behind $27M crypto scam
The scammer posed as a pastor to gain trust, while also promising ludicrous returns. After collecting $27 million, he fled and is now said to be in California.
2019 year in review: Blockchain and crypto take root in Africa
Africa has emerged as a crucial front for crypto and blockchain development, from leading in info gathering to pushing the CBDC quest to crypto in stock market.
Kenya firms urged to adopt blockchain, AI
Kenya should adopt blockchain technology to alleviate some of the challenges facing the economy.
Kenya joins global regulators opposing Facebook’s crypto plans
Kenya joins several other countries who have serious concerns over Libra’s ambitions.
Crypto in Africa: Blockchain graduates and Ethiopia’s new framework
Students in Kenya are graduating from a blockchain school, and Ethiopia is ready to go with its new blockchain framework.