Kenya

Kenya scraps 3% digital asset tax following industry uproar
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30 June, 2025

Kenya scraps 3% digital asset tax following industry uproar

Kenyan lawmakers first proposed halving the 3% tax, but concerted efforts from dozens of local VASPs have resulted in the...
Yellow Card teams up with Visa for stablecoin payments
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27 June, 2025

Yellow Card teams up with Visa for stablecoin payments

The two will launch stablecoin payment services in at least one African country and expand the service next year as...
Spain tracks digital asset holdings for taxes under proposed law
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18 June, 2025

Spain tracks digital asset holdings for taxes under proposed law

The proposed law will also enable coordination with the tax authorities in other EU states and allow Spanish authorities to...
1 in 3 Kenyan banks ready to venture to digital assets: report
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16 June, 2025

1 in 3 Kenyan banks ready to venture to digital assets: report

Kenya’s central bank survey notes the country’s lenders said that digital assets provide alternative investment and payment channels and can...
$800M CBEX scam resumes operations in Nigeria despite crackdown
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13 May, 2025

$800M CBEX scam resumes operations in Nigeria despite crackdown

Sources say that CBEX is again allowing new users to register and deposit funds, but older users still can’t withdraw...
Kenya orders Worldcoin to cease biometric data collection
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13 May, 2025

Kenya orders Worldcoin to cease biometric data collection

Worldcoin was taken to court by two Kenyan advocacy groups, with the legal blow followed by suspension in Indonesia after...
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