Key Takeaways Tether and the Nairobi Securities Exchange signed an MoU to explore asset tokenization. Integrating USDT could eliminate the NSE’s 3-level settlement delay and boost liquidity. Tether and the NSE will offer broker training […]
Key Takeaways Kenya’s Treasury cut capital needs for stablecoin issuers by 40% to $2.32 million. Lower barriers will ease entry into Kenya’s market, which Bybit ranked 5th globally in crypto adoption. Going forward, the Central […]
Key Takeaways Kenya’s Treasury cut capital needs for stablecoin issuers by 40% to $2.32 million. Lower barriers will ease entry into Kenya’s market, which Bybit ranked 5th globally in crypto adoption. Going forward, the Central […]
Key Takeaways ARA seized $888,030 in USDT and cash linked to two Kenyans over an alleged $2.32 million laundering scheme. Binance and five Kenyan banks were used, highlighting risks as 57 transfers bypassed FRC limits. […]
Key Takeaways Hackers defaced President Ruto’s website on Saturday, demanding 5 bitcoins to prevent a data leak. The threat underscores why NC4 tracked billions of digital attacks on Kenya’s system early this year. NC4 and […]
Key Takeaways Hurupay is exiting Kenya due to strict anti-money laundering compliance rules. Digital platforms handling USDC face massive financial strains due to new regulations. Financial watchdogs will soon announce asset migration plans for Hurupay […]
Key Takeaways Kenya’s National Treasury proposed a mandate forcing stablecoin issuers to hold 30% of reserves in local banks. Crypto platforms warn the rule could trap liquidity and increase remittance costs across Kenya. Industry leaders […]
Key Takeaways Tech executives at a Nairobi conference urged state officials to gain a deep understanding of Bitcoin before making rules. Enactment of the VASP Act in 2025 shifted Kenya from informal crypto oversight to […]
Key Takeaways Safaricom, Google, and Meta joined a United for Wildlife taskforce in 2024 to crush illegal trafficking. AI will monitor M-Pesa to disrupt a $23B illicit market that puts 1M species at risk of […]
Kenya has become the first country to fully suspend Worldcoin, the new cryptocurrency project launched by OpenAI’s CEO Sam Altman. Worldcoin is based on the creation of a World ID, which the company describes as […]
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