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Kenya

Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank
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5 August, 2022

Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank

The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in...
Morocco is scrapping its ban on digital currency as adoption soars
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8 July, 2022

Morocco is scrapping its ban on digital currency as adoption soars

Morocco banned digital assets back in 2017, but the locals have continued to explore Bitcoin, and today, only Nigeria, South...
Kenya’s largest power producer lures block reward miners with geothermal energy
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8 June, 2022

Kenya’s largest power producer lures block reward miners with geothermal energy

KenGen PLC is luring miners with cheap geothermal energy and claims it has already been approached by a number of...
Equity Bank Kenya CEO: Digital currencies can complement mobile money
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25 May, 2022

Equity Bank Kenya CEO: Digital currencies can complement mobile money

The CEO of Equity Bank Kenya said that commercial banks need to convince regulators of the benefits of digital currencies...
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
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2 April, 2022

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges

The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
Low smartphone penetration will hinder CBDC adoption, Kenya central banks says
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30 March, 2022

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says

The central bank governor believes it may be wise to delay the possible rollout of a digital shilling as those...
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