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Kenya Collects Over $77M in Taxes From 384 Crypto Traders
6.11.2024
The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $465 Million in Crypto Taxes The Kenyan government collected $77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year...
Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions
1.11.2024
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 exchange, the Nairobi Securities Exchange (NSE),...
Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System
18.10.2024
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya...
Kenya Launches Digital and AI Skills Center
13.10.2024
Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with...
Kenya Acting to Curb AI Disinformation, President Ruto Says
14.9.2024
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after...
AI Curiosity Explodes: South Africa, Nigeria, and Kenya Embrace the Technology
25.8.2024
During the first half of 2024, Google Search trends revealed a significant rise in interest in artificial intelligence (AI) in South Africa, Nigeria, and Kenya. Interest in AI grew by 150% in Kenya, 130% in Nigeria, and 120% in South Africa compared to the same period in 2023. Kenya ranked fourth...
Valour to launch digital asset ETPs in Kenya
6.8.2024
Valour is moving out of Europe to the green pastures of Africa by way of passporting
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
20.7.2024
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 affordable for younger Kenyans, regardless of their...
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
4.7.2024
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users
Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation
29.6.2024
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 revenue. The protests, led mostly by young Kenyans...
Kenya’s Gen Z Embrace Bitcoin Amid Finance Bill ‘24 Protests
27.6.2024
In this post Kenyan youths find a safe haven in Satoshi Nakamoto’s freedom coin, Bitcoin, amid the Finance Bill 2024 protests. BTC contributors in Kenya call on the youths to educate themselves on BTC and decentralized finance. Kenyans led by Gen Z have taken to the streets to reject...
Kenya Concludes Worldcoin Investigation
24.6.2024
Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises...
Kenya drops Worldcoin probe — ‘No further police action’
20.6.2024
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
30.5.2024
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 Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M
26.5.2024
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish...
Marathon Digital enters renewable energy partnership with Kenyan gov’t
25.5.2024
Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector
Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects
24.5.2024
The company will help monetize stranded energy in the African country and help manage its renewable energy production
14th Africa Bank 4.0 Summit – Pan Africa: Shaping the future of finance in Nairobi, Kenya
17.5.2024
With a vision of “Celebrating Africa’s Financial Realities: Where Digital Dreams Shine Bright”, the 14th Africa Bank 4.0 Summit – Pan Africa is all set to take place on May 29-30, 2024, in Nairobi, Kenya. With a history of 13 successful editions of the flagship “Africa Bank 4.0 Summit”,...
Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions
13.5.2024
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
12.5.2024
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 level. In Kenya, President William Ruto has enlisted...