1 / 2 Relevant items tagged with #Kenya

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Kenya National Fire Brigades Association Adopts Bitcoin

[Dec 12 3:48 PM] The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union’s efforts to improve working conditions and emergency…

Fire Brigades Association becomes first Kenyan labor union to hold BTC

[Dec 11 5:09 PM] The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce.

Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

[Nov 1 7:30 AM] The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities…

Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox

[Jul 20 3:30 AM] Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more…

Opera Mini’s crypto wallet MiniPay now offers USDT and USDC

[Jul 4 12:14 AM] Since launching in September 2023, Opera Mini’s MiniPay app has amassed three million users.

Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation

[Jun 28 9:18 PM] Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in…

Kenya drops Worldcoin probe — ‘No further police action’

[Jun 20 2:36 AM] After suspending Worldcoin operations in August 2023, Kenyan authorities have finally dropped a probe against the firm, potentially paving the way for its comeback.

Blockchain helps harvesting better avocados in Kenya — Here’s how

[May 30 11:00 AM] Small-scale farmers lack the essential tools to address significant challenges in avocado production. Here’s how blockchain and AI can help them.

Marathon Digital enters renewable energy partnership with Kenyan gov’t

[May 24 4:14 PM] Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.

Kenya Partners With Marathon To Monetize Underused Energy By Mining

[May 24 10:14 AM] Kenya has signed a deal with Bitcoin miner Marathon Digital Holdings to monetize the country's underutilized energy resources. This partnership, announced by Marathon's CEO Fred Thiel on X, marks a significant step towards leveraging Kenya's…

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

[May 13 8:55 AM] Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review

[May 12 5:36 AM] Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the protocol…

Marathon Digital, Kenyan government discuss crypto policy, energy use

[May 6 11:44 AM] The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.

Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

[Apr 26 2:38 AM] 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…

Aleksandr Li: Understanding Pik-Swap and the Hybrid Decentralized Wager Platform

[Feb 28 3:00 AM] 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…

Will Worldcoin End In “Tears”? This Analyst Thinks So

[Feb 26 4:00 PM] One analyst on X is concerned about the long-term sustainability of Worldcoin (WLD), a project aiming to build a universal digital identity system. While acknowledging the project’s innovative approach and recent upswing that has seen WLD…

Kenyan crypto tax bill makes it through parliamentary committee

[Dec 5, 2023 6:24 AM] The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.

Kenyan lawmakers ask local Blockchain Association to come up with crypto bill

[Nov 7, 2023 2:56 AM] Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.

Kenya to introduce digital IDs for citizens by year-end

[Oct 31, 2023 2:41 AM] The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months.

Parliamentary committee calls for shutdown of Worldcoin in Kenya

[Oct 2, 2023 9:55 AM] The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers.

Kenya’s 17-Member Committee Officially Kicks Off Investigation Into Worldcoin

[Aug 23, 2023 8:50 AM] The Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection of biometric data not satisfying Kenya’s data privacy laws of the country. The process…

Kenya forms parliamentary committee to investigate Worldcoin

[Aug 21, 2023 5:48 AM] The controversial crypto project’s launch has been marred into controversy and it's already facing investigations in nearly half a dozen countries.

Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures

[Aug 10, 2023 4:30 AM] The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to…

Worldcoin's Nairobi Warehouse Raided by Kenyan Police: Local Reports

[Aug 7, 2023 4:36 AM] Kenyan police raided Worldcoin's Nairobi warehouse and confiscated documents and machines on Saturday.

Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process

[Aug 4, 2023 10:00 AM] On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and…

Kenya Appears to Have Flip-Flopped on Worldcoin's Data Practices

[Aug 3, 2023 9:59 AM] Kenya's data watchdog found Worldcoin is compliant with its data protection laws, but has now find different problems with Sam Altman's project.

Worldcoin cryptocurrency project suspended in Kenya

[Aug 2, 2023 2:22 AM] Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.

Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns

[Aug 2, 2023 1:46 AM] Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations.

Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices

[Aug 1, 2023 5:30 AM] Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations…

Blockchain technology lets East African farmers sell globally

[Jul 28, 2023 7:21 AM] Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor.