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India on course with its CBDC project, releases first Digital Rupee concept note

The Reserve Bank of India (RBI) has stepped up its Central Bank Digital Currency (CBDC) project. The RBI has issued a 50-page concept note outlining their CBDC plans. Many countries around the world including the US, Kenya, Iran, Tanzania, Israel, and Ukraine are working on CBDCs since they serve as direct replacements for cryptocurrencies. дальше »

2022-10-9 16:42


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African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela

A Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, will initially feature the works of Rich Allela, the award-winning photographer and filmmaker from Kenya. Perpetual Royalties […] дальше »

2021-4-25 09:30


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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force

A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »

2019-7-26 01:00


Financial Stability Board Releases Crypto Asset Regulation Details Ahead of June’s G20 Summit

Digital asset regulation has become a big topic in 2019 after the rapid rise and fall in cryptocurrency prices at the end of 2017 and 2018 respectively. SEC has been on the spotlight after postponing the decision on Bitcoin ETFs, formation of regulation sandbox in Kenya to understand the technology better, China’s latest stance on […] дальше »

2019-4-13 05:34


New whisteblower app fights forced evictions in Kenya

An indigenous group in Kenya is embracing the use of technological innovation to document forced evictions and efforts at resolving related conflicts. Although forced evictions are not new to Kenya’s Sengwer community, in December 2018, the Kenyan Forest Service started a new campaign to evict families from the Embobut Forest — their ancestral home — thereby resulting in conflicts and 341 houses being burnt, says a report by Amnesty International published in May this year. дальше »

2018-11-8 12:34