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Kenya

Africa: Blockchain startups sees 429% surge in funding in 2022
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27 April, 2023

Africa: Blockchain startups sees 429% surge in funding in 2022

A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io...
Kenya views digital currencies as securities under incoming legislation
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14 April, 2023

Kenya views digital currencies as securities under incoming legislation

Under the new bill, digital currencies can only be introduced to the Kenyan market if the assets underwent product development...
LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’
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13 February, 2023

LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’

LocalBitcoins was one of the pioneers of P2P digital asset trading and introduced many to the industry, but it chose...
East Africa to set up common central bank in its march toward single currency
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25 January, 2023

East Africa to set up common central bank in its march toward single currency

The decision on where to set up the East African Monetary Institute will be made this year, as the region...
Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...
Africa must regulate the digital asset industry, IMF says
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1 December, 2022

Africa must regulate the digital asset industry, IMF says

IMF says Africa stands at great risk if it fails to rein in its Bitcoin industry—the fastest growing globally—especially for...
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