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Ezeebit, a South African crypto payments infrastructure startup, has raised $2.05 million in seed funding to expand its stablecoin-based payment network across South Africa, Kenya, and Nigeria. Funding to Drive…
Investigators from more than 10 African countries—including Nigeria, South Africa, and Uganda—recently completed a week-long course in Kenya on cryptocurrency crime investigations. Equipping Detectives with Advanced Forensic Skills Kenya’s Directorate…
Kenya’s Parliament has passed the Virtual Asset Service Providers (VASP) Bill at its Third Reading, sending the comprehensive digital asset regulation to President William Ruto for assent. Integrated Oversight and…
A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was…
The Kenyan High Court has ordered Sam Altman’s World to cease processing, collecting or dealing in biometric data without conducting a Data Protection Impact Assessment. The order also requires Worldcoin…
Ripple’s blockchain-powered RLUSD will instantly disburse aid to Kenyan pastoralists facing drought, using satellite data and smart contracts to automate, trace, and optimize relief. Ripple’s RLUSD Brings Instant Relief to…
A Kenyan law enforcement agency said it regained control of its X and Facebook accounts on Feb. 9, just hours after hackers used them to promote a fake cryptocurrency. Hackers…
Kenya is set to introduce legislation that would permit the use of cryptocurrencies. Kenyans Retain Interest in Crypto Despite Government Opposition Kenya is preparing legislation that would allow the use…
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…
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…