Kenya and Namibia have been added to the Financial Action Task Force's (FATF) "grey list" of nations that need closer scrutiny because of insufficient steps taken to prevent money laundering and the funding of terrorism.
Kenya and Namibia were added by the…
A Kenyan cryptocurrency called NuruCoin, which gained a lot of traction in the first part of 2018, has reportedly shut down after raising KES 2.7 billion, or roughly $27 million, from investors.
A local daily claims that NuruCoin used a multi-level marketing…
After being approved by the National Assembly Committee, Kenya’s Capital Markets (Amendment) Bill will be presented to the lower chamber of the parliament.
National Assembly Committee's Endorsement
The National Assembly’s Finance and National Planning Committee in Kenya has given its nod to…
Employers in Kenya claim that between September 13, 2022, and November 22, 2023, the value of the Kenya shilling (KES) decreased by 21%.
The Federation of Kenyan Employers (FKE) reported in a recent statement that the Kenyan shilling's exchange rate versus the…
Nairobi, Kenya will play host to Latitude59 Kenya Edition, a one-day technology event, on December 6, 2023.
Beyond the typical conference experience, Latitude59 seeks to offer a comprehensive program that connects innovators, entrepreneurs, and important actors globally. Estonia, which bills itself as…
Traders, tourists, the diaspora, and the business community will be able to load several currencies in USD, GBP, Euro, and Indian Rupee on a single card that is accessible internationally thanks to the multi-currency prepaid card with Chip and PIN security and…
The Kenyan parliament has directed the Blockchain Association of Kenya (BAK) to draft the country's first comprehensive cryptocurrency regulation bill.
The Departmental Committee on Finance and National Planning summoned BAK representatives on October 30, 2023 to discuss regulating digital assets. According…
Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, a group focused on educating African women about the currency.
Samara Asset Group is a corporation that advises blockchain-based companies and invests in cryptocurrency assets and businesses.
Samara Asset Group provides…
Nairobi — Inquiry into the controversial operations of American cryptocurrency firm Worldcoin, has been launched by the Joint National Assembly Ad hoc Committee.
Activities of the company were suspended last month when it started taking iris biometric data from people while paying…
The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries.
The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee…