Auto Added by WPeMatico
The Nairobi Securities Exchange and Tether signed a memorandum of understanding to advance digital asset adoption, blockchain infrastructure and investor education in Kenya. Expansion of Digital Assets The Nairobi Securities…
Kenya’s National Treasury reduced the paid-up capital requirement for stablecoin issuers by 40% to approximately $2.32M to encourage entry into its rapidly growing crypto market. Broad Oversight for Central Bank…
Kenya’s Assets Recovery Agency (ARA) has frozen at least $888,030 in cash and tether stablecoins tied to a multi-layered money laundering operation. Parallel Channels Used to Evade Detection Kenyan investigators…
Hackers briefly disabled the official website of Kenyan President William Ruto on July 18, demanded a ransom of five bitcoins and threatened to leak unspecified data if not paid. Government…
Financial technology startup Hurupay is reportedly leaving the Kenyan market due to intensifying regulatory audits and stricter anti–money‑laundering compliance scrutiny targeting digital asset platforms. Regulatory Pressures and the FATF Grey…
Kenya’s National Treasury and cryptocurrency exchanges are in a standoff over a proposed regulation requiring stablecoin issuers to hold at least 30% of their asset reserves in local commercial banks.…
Kenyan cryptocurrency leaders are urging closer cooperation with government regulators to help shape the nation’s emerging digital-asset framework. A New Era of Formal Oversight Cryptocurrency industry leaders have urged deeper…
Safaricom, along with major technology and cryptocurrency companies, including Chainalysis, has joined Prince William’s United for Wildlife taskforce to combat the $23 billion illegal wildlife trade. Squeezing the Financial Flows…
Kenyan Treasury Cabinet Secretary John Mbadi dismissed widespread rumors that the Finance Bill 2026 introduces new taxes on cryptocurrency transactions. Clarifications on Digital Content and Bread Taxes In a bid…
Treasury Cabinet Secretary John Mbadi has submitted Kenya’s Finance Bill 2026 to Parliament, introducing mandatory annual reporting requirements for virtual asset service providers alongside the reintroduction of a 20% withholding…