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Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs
7.5.2024
Kenyan President William Ruto has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.
The post Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs appeared first on Cryptonews
Marathon Digital, Kenyan government discuss crypto policy, energy use
6.5.2024
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary
Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
6.5.2024
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan...
Extradition Papers Completed For Fled Nigerian Binance Exec Nadeem Anjarwalla, INTERPOL Africa VP Says
1.5.2024
Extradition papers for fled Binance executive Nadeem Anjarwalla have been finalized, Vice President Garba Umar from the Nigerian Central Bureau (NCB) of the International Criminal Police Organization (INTERPOL) confirmed Tuesday. News of Anjarwalla's potential extradition comes just over a week...
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
26.4.2024
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 of Kenya, is set to draft rules for controlling...
Kenya Establishes Multi-Agency Group To Lead Crypto Regulation
23.4.2024
Kenya is initiating efforts toward crypto regulation, with the government forming a multi-agency team that includes the central bank.
The post Kenya Establishes Multi-Agency Group To Lead Crypto Regulation appeared first on Cryptonews
Binance Executive Who Fled Nigerian Custody Found in Kenya Facing Extradition: Reports
22.4.2024
Efforts to expedite Anjarwalla's extradition involve cooperation between various law enforcement agencies, including the EFCC, the Nigeria Police Force, and INTERPOL.
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Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
22.4.2024
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported citing government sources
Kenyan Volcano Turns on Lights in Rural Homes with Jack Dorsey’s Bitcoin Mining Support
21.4.2024
In a remote region of Kenya, a group of Bitcoin miners has found an innovative way to power their operations and bring electricity to rural homes.
The post Kenyan Volcano Turns on Lights in Rural Homes with Jack Dorsey’s Bitcoin Mining Support appeared first on Cryptonews
Binance Executive Located in Kenya After Escaping Nigerian Custody
16.4.2024
Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about Anjarwalla’s extradition....
Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition
15.4.2024
The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya.
The post Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition appeared first on Cryptonews
Kenya Resists US Government’s Lobbying for Worldcoin, Considers Limiting Use of Tiktok
23.3.2024
The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin’s operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also considering restricting officials’ use of the social...
Aleksandr Li: Understanding Pik-Swap and the Hybrid Decentralized Wager Platform
28.2.2024
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 ecosystem’s platforms are already licensed...
FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group
23.2.2024
The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole...
Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill – Kenya Blockchain Association
9.2.2024
The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. BAK has expressed its intention to integrate feedback from stakeholders into a revised draft....
Report: Worldcoin Set to Resume Kenyan Operations in Early 2024
18.12.2023
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya’s requirements.” Worldcoin...
Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto
6.12.2023
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain from the sale of their...
Kenya’s Capital Markets Bill Defining Crypto Assets as Securities Progresses in Parliament
5.12.2023
Source: Pexels The Capital Markets (Amendment) Bill, 2023, has received approval from the National Assembly’s Finance and National Planning Committee in Kenya. On December 4, a Kenyan local news outlet, Business Daily, reported that the bill defining crypto assets as securities and including...
Wallet crypto bot rolls out on Telegram in Colombia, SA and Kenya
10.11.2023
The third-party crypto bot Wallet is debuting global rollout on the Telegram messenger in several countries in Latin America and Africa
Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto
9.11.2023
The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency...