Namibia signs crypto exchange regulation bill into law
[Jul 25, 2023 9:00 PM] The law will officially enter into force at a date determined by Namibia’s Ministry of Finance.
2 / 2 Relevant items tagged with #Kenya
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Kenyan President Ruto Doubles Down on De-Dollarization Call — ‘We Just Want to Trade Much More Freely’
[Jun 17, 2023 4:30 AM] Kenyan President William Ruto has repeated his call on African countries to consider ditching the U.S. dollar when settling cross-border trades. The Kenyan leader claimed that the African continent already has a mechanism that enables the seamless…
CBDC ‘may not be a compelling priority,' says Kenya’s central bank
[Jun 2, 2023 12:25 PM] The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.
Kenya Central Bank Takes Ambivalent Stance on Digital Currency
[Jun 2, 2023 10:01 AM] The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said.
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
Kenya partners with Abu Dhabi's Venom Foundation to build blockchain, Web3 hub
[May 10, 2023 3:48 PM] The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
Kenya considers tax on crypto, NFT transfers and online influencers
[May 4, 2023 7:41 PM] A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online.
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
African blockchain ventures outpace global funding growth: Report
[Apr 18, 2023 7:52 AM] Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
Web3 economy to gain more traction in Africa through DeFi-based financial inclusion
[Apr 13, 2023 5:14 AM] DeFi-based financial inclusion serves to increase liquidity and earning opportunities for African micro-entrepreneurs through Fonbnk’s partnership with Tanda.
Bitcoin App Strike Launches Instant, Cheap Remittances To Africa
[Dec 6, 2022 7:30 AM] People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature…
Strike partners with Bitnob to facilitate cross-border payments into Africa
[Dec 6, 2022 4:43 AM] On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.
Kenyan legislation establishes crypto taxation, creates consumer protections
[Nov 21, 2022 1:00 PM] The country’s first effort at crypto regulation amends its Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.