2025-1-21 14:34 |
Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight… origin »
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Kenya's move to legalize crypto assets could boost financial inclusion and innovation, positioning the country as a leader in digital finance. The post Kenya set to legalize crypto, says Finance Minister John Mbadi appeared first on Crypto Briefing.
2025-1-11 17:23 | |
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According to the recent Global Crypto Adoption Index 2021 report by Chainalysis, Kenya leads the world when it comes to crypto transactions in terms of peer-to-peer (P2P) trading. The post Kenya does more peer-to-peer crypto trades than anywhere else in the world appeared first on CryptoSlate.
2021-8-24 19:00 | |
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In an effort to measure grassroots cryptocurrency adoption amid the massive growth seen in the crypto market over the year due to traction from industries, the just-published report of on-chain research firm Chainalysis has revealed a surge of over 880% in global adoption majorly driven by peer-to-peer platforms.
2021-8-20 13:00 | |
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T. E Markets Limited, has launched its own cryptocurrency; XTEMCoin with presale starting on Monday 28th, June on their website, www. tem-coin. com. T. E Markets Ltd is a Holding Company registered in Seychelles with running projects in South Africa, Zimbabwe, Zambia, Nigeria, Kenya, the Democratic Republic of Congo, United States of America and soon in Ghana.
2021-7-3 15:32 | |
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Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s sector will remain open to fraud.
2021-6-15 14:30 | |
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According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to use one emerging payment method in the coming year.” More Respondents […]
2021-5-12 07:00 | |
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Crypto transactions in Kenya now attract a 1.5% tax.
2021-1-9 12:33 | |
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The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45. 5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official.
2021-1-7 07:30 | |
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The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is also being launched as a means of payment in a tech city in Kenya as a pilot for Akon City, the $6 billion futuristic city that is being built in Senegal.
2020-11-15 00:15 | |
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The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1. 5% on gross transaction value, local media reported.
2020-10-16 17:00 | |
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Chainalysis, a cryptocurrency, and blockchain analysis firm, released it's latest Global Crypto Adoption Index 2020, showing developing countries are witnessing greater adoption for crypto – Ukraine, Venezuela, and Kenya featured in the top five countries with Russia and China completing the list.
2020-9-10 22:33 | |
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Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U. S. are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis.
2020-9-9 19:45 | |
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Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform.
2020-8-26 15:03 | |
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Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1. 5% on gross transaction value, the new tax is expected to take effect on Jan.
2020-8-8 12:50 | |
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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.
2019-7-26 01:00 | |
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The securities regulator in Ontario announced a settlement with Coin Launch following allegations of illegally trading securities masked as crypto on June 22nd. The public hearing on the settlement will happen two days later.
2019-7-23 18:04 | |
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It’s a chilly Monday morning on the streets of Nairobi. The city is a beehive of activity as everyone hurriedly makes their way to work and school. While in New York, London or many other major cities everyone would be getting a cab, it’s a little different here.
2019-6-12 01:01 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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Africa continues to play a leading role on blockchain adoption, increasing efficiency for the continent’s previously illiquid wealth. One of the latest steps forward is from Sawa Minerals, a blockchain-powered trading platform which has just announced its debut in Nairobi, Kenya.
2019-4-17 00:24 | |
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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 […]
2019-4-13 05:34 | |
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Aidos Kuneen (ADK) is founded by Ricardo Badoer, a man who owns shares in banks and is a member of the Bank Board in Kenya Sumac Microfinance and Hakika Microfinance from Tanzania. Besides investing in the banking sector, he owns two soccer clubs, the Spanish CD Ursaria, and Kenya FC Wazito, and through his company, […] The post The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK) appeared first on NullTX.
2019-2-27 23:00 | |
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The crypto exchange Binance has created a pilot charity to provide healthy food for students in Uganda. The program will further expand to Ethiopia and Kenya to provide corruption-free nutritious food for children.
2019-2-26 16:07 | |
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Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments.
2019-2-24 03:50 | |
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When you think of blockchain technology and cryptocurrencies in Africa, Uganda isn’t the first country that springs to mind. Instead, it’s the traditional tech titans in Africa that many associate with developments in the blockchain industry.
2019-2-24 00:44 | |
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Bitcoin Ecosystem Flourishes In Kenya Despite Regulatory Ban Many countries who have banned cryptocurrencies have seen the rise of the adoption. This shows that Bitcoin can be a perfect instrument to work your way around the stranglehold of governments and establishment financial noose.
2019-2-23 20:09 | |
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Cryptocurrencies and the underpinning blockchain technology have continued to transform lives in Africa. The technology has been applied in Kenya to boost agriculture by Twiga Foods. In Uganda, millions of households have been connected to solar power by a crypto initiative.
2019-2-12 23:03 | |
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When he heard about the prospect of a digital asset that had an ‘assured profit’ tag attached, Brenda Gatwiri knew she had to get herself some. Living in Kenya’s capital city, Nairobi, she hadn’t anticipated the headache that purchasing cryptocurrencies would turn out to be.
2018-11-2 21:12 | |
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Samsung SDS is partnering with Dutch banking giant ABN AMRO to improve logistics processes at Port of Rotterdam in the Netherlands, the largest port in Europe. And with good reason. Imagine having to fill out 200 paper documents when shipping goods to another continent.
2018-10-24 20:02 | |
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‘Bitcoin and Tasty Meat’ must to many in the crypto community sound like their own personal imagining of heaven. Well they can now realise that dream, thanks to a self-confessed ‘crypto-currency pioneer’ in rural Kenya.
2018-10-22 11:00 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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Chairman of the Kenyan blockchain technology task force, Bitange Ndemo has urged the country’s financial authority to replace the current fiat system with tokens, to reduce corruption and economic hardship, reported local news source, The Star on September 26, 2018.
2018-9-27 11:00 | |
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Pesamill Africa, A Kenya’s Crypto Exchange, Is Launched Pesamill Africa has just started its business in Kenya, one of the most attractive markets in Africa for Bitcoin users. The exchange will be a direct competitor to other ones like Bitpesa and it promises to help the Kenyans who want to buy and sell cryptos via […]
2018-9-27 09:33 | |
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Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning.
2018-9-19 15:30 | |
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In a couple of weeks, he is to give his report to parliament, advising them how to proceed with regulating cryptocurrencies. Japan Confirms Entrance Into the Crypto Space Decision in Two Weeks Henry Rotich.
2018-7-5 23:32 | |
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The first Bitcoin ATM has been installed in Nairobi, making it the first in East Africa, which makes it possible to purchase Bitcoins and Litecoins instantly. The traders can purchase the cryptocurrencies for as little as $5, and they can pay for them in both dollars and Kenya shillings.
2018-6-20 13:30 | |
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Bancor, the world’s largest decentralized crypto exchange, is launching a network of blockchain-based community currencies in Kenya aimed at combating poverty
2018-6-18 16:13 | |
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The GENIUS Act's review could significantly shape stablecoin regulation, impacting global financial markets and aligning with international standards. The post GENIUS stablecoin bill to begin Banking Committee review on March 10 week appeared first on Crypto Briefing.
Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector.
The SEC's shift towards transparent crypto regulation may redefine industry oversight, balancing innovation with consumer protection. The post SEC dismisses Coinbase case: ‘It’s time for the Commission to rectify its approach’ appeared first on Crypto Briefing.
The dismissal highlights a shift towards more collaborative regulatory approaches, potentially fostering innovation and growth in the crypto sector. The post Consensys and SEC reach agreement to dismiss MetaMask securities case appeared first on Crypto Briefing.
The IMF loan and policy changes may stabilize El Salvador's economy, but Bitcoin's reduced role could impact its financial innovation strategy. The post IMF approves $1.4B loan for El Salvador, Bitcoin policy changes implemented appeared first on Crypto Briefing.
Bitwise's move signals growing diversification in crypto ETFs, potentially broadening market access and investor interest in varied digital assets. The post Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration appeared first on Crypto Briefing.
The publication of WisdomTree's XRP ETF filing could accelerate regulatory clarity and influence the future landscape of crypto investments. The post WisdomTree XRP ETF countdown begins as Federal Register publishes filing appeared first on Crypto Briefing.