– Advertisement – The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping t...
Tag: Kenyan
Kenyan Senate Ready to Engage Central Bank – Bitcoin News
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards cr...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm – Africa Bitcoin News
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki,...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension – Fintech Bitcoin News
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round b...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
– Advertisement – As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study finding...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study – Fintech Bitcoin News
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-se...
Jack Dorsey’s Block Bets Big on Kenyan Mining Company Gridless
Kenya looks set to up its Bitcoin mining hashrate as Block, Inc. and niche venture capital firm Stillmark invest $2 million in community-first company Gridless. Gridless will build more mining facilit...
Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax – Regulation Bitcoin News
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill ...
Kenyan law taxes crypto protects consumers
The Capital Markets Law of Kenya was subject to a potential modification that was suggested on November 21. If this amendment were to become law, private individuals who own cryptocurrencies or partic...
Kenyan legislation establishes crypto taxation, creates consumer protections
An amendment was introduced to the Kenyan Capital Markets Law on Nov. 21 that would require those who own or deal in cryptocurrencies to provide the country’s Capital Markets Authority with informatio...
New Kenyan law seeks to introduce income tax for cryptocurrency traders
Kenya is the latest country to show intent to regulate the cryptocurrency sector targeting the taxation of digital currency transactions as the industry expands. If parliament approves The Capital Ma...
Clixpesa Is Bringing Traditional Kenyan Investing Techniques to Web3
“When we look at the financial products that are offered now, such as loans, savings, and insurance, these things are complicated since traditional financial institutions are creating them,̶...
Kenyan Company Mines Bitcoin Using Wasted Energy
The post Kenyan Company Mines Bitcoin Using Wasted Energy appeared first on Coinpedia Fintech News Gridless, a Kenyan bitcoin mining business, has disclosed how it is assisting local communities in cu...
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining – Coinotizia
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been h...
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining – Mining Bitcoin News
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been h...
Bitcoin mining touted to reduce Kenyan villages’ energy costs by 90%
Gridless, a platform that supports distributed, rural, hydro Bitcoin (BTC) mining, has suggested that Kenyan villages can reduce energy costs significantly by plugging mining into local mini-grids. A...
Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil – Africa Bitcoin News
The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import ...
Kenyan Central Bank Raises Key Rate by 75 Basis Points – Emerging Markets Bitcoin News
The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites...
Kenyan Central Bank Makes Its Views on Bitcoin Clear
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has made his views on Bitcoin clear by describing the calls to convert the country’s reserves into the world’s leading cryptocurrency as outr...
Kenyan Central Bank reiterates stance on crypto 1
The Kenyan Central Bank has voiced its displeasure towards a new proposal regarding digital assets in the country. According to the bank governor, it will be crazy for anyone to think and feel that th...
Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin – Africa Bitcoin News
The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin. He added that he would have to be out of his mind before agreeing to t...
Bitpapa enters the Kenyan cryptocurrency market
In the face of the overall negative attitude toward digital assets on the part of financial regulators, P2P marketplaces became the platforms of choice across the entirety of Africa. As the world lead...
Bitpapa Enters Kenyan Cryptocurrency Market – Press release Bitcoin News
press release PRESS RELEASE. In the face of financial regulators’ overall negative attitude toward digital assets, P2P marketplaces have become the platforms of choice across Africa. As the world lead...
Kenyan Fintech Pezesha Raises $11 Million in Pre-Series a Round Backed by Cardano Blockchain Builder – Fintech Bitcoin News
Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women’s World Banking ...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start – Africa Bitcoin News
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has...
IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks – Emerging Markets Bitcoin News
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. Th...
Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the Brink – Africa Bitcoin News
In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to in...
Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’ – Featured Bitcoin News
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency ...
Kenyan Students Arrested For Using Bitcoin In Money Laundering
– Advertisement – Kenyan Students Captured For Laundering Money In BTC. According to the Directorate of Criminal Investigations (DCI) in Kenya, a group of Kenyan students has been stealing...
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC – Regulation Bitcoin News
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement...
Infamous Kenyan Gang nabbed for hacking credit cards to buy Bitcoin
Kenya’s Directorate of Criminal Investigations (DCI) has arrested a group of students for allegedly hacking credit cards and using the stolen money to purchase Bitcoin. In a Twitter post on June 16, ...
Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs – Emerging Markets Bitcoin News
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencie...