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A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention…
The Central Bank of Kenya is reportedly actively recruiting for its first-ever dedicated virtual asset service provider supervision team. Key Takeaways: CBK opened recruitment for 4 VASP oversight roles following…
Kenya’s Credit Bank has partnered with Anzens to pilot the USDA stablecoin, potentially becoming the first licensed commercial bank in an emerging market to directly mint and distribute a stablecoin.…
Representatives of the Kenyan industry warn that proposed licensing rules could exclude startups, concentrate the market among well‑funded firms, and push users toward offshore platforms. Strict Licensing and Oversight Requirements…
Governments from London to Brazil tightened their grip on iGaming this week, rolling out tax hikes, sponsorship bans, and enforcement drives that could reshape how the sector operates in 2026…
M‑pesa Africa has partnered with the ADI Foundation to integrate ADI Chain, a sovereign‑grade Layer 2 blockchain, across its mobile money operations in eight African countries, potentially reaching 60 million…
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…