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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...
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...
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 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...
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...
Kenyan Blockchain Association to Issue First Draft of The Country’s Crypto Regulation
7.11.2023
Source: Pexels The Blockchain Association of Kenya (BAK) has announced that it will prepare the first draft of the country’s blockchain legislation as it seeks to join the list of nations with proper rule clarity. According to local media reports, the lobby group met with the National Assembly...
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
7.11.2023
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
31.10.2023
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months
Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status
3.10.2023
A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s...
Parliamentary committee calls for shutdown of Worldcoin in Kenya
2.10.2023
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers
Kenyan Authorities Accuse Worldcoin of Espionage and Statehood Threats
2.10.2023
Kenyan authorities have accused Worldcoin of engaging in acts of espionage and posing a threat to the country's statehood.
The accusations stem from an ongoing investigation by Kenya's Ad hoc committee, which was initiated following concerns raised by the public regarding Worldcoin's activities...