Kenyan energy company KenGen has put out a call to Bitcoin (BTC) miners to move nearby and buy its excess renewable power capacity. KenGen claims 86% of its energy is generated from renewable sources,...
Tag: Kenyan
Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker – Emerging Markets Bitcoin News
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits....
Crypto Could Be Akin to Mobile Money With Regulator’s Go Ahead, Says Kenyan Banker
The chief executive of one of Kenya’s biggest lenders has said that crypto could become part of the mobile money ecosystem if the country’s watchdog decides to give it the green light. Equity Group Ho...
Africa Could Benefit Substantially by Adopting Crypto, Says Top Kenyan Financer
According to James Mwangi (CEO of Kenya’s largest banking conglomerate Equity Group Holdings), the African continent will significantly develop technologically and economically if it opens its arms to...
Akon’s Crypto Hits $5M Volume at Kenyan Pilot Facility, as Ex-Associate Criticizes Akon City as ‘Ponzi Scheme’
Akoin, the cryptocurrency founded by music superstar and philanthropist Akon, has reached $5 million in total transaction volume (TVL) since it began as a pilot for payments at a high-tech smart city ...
How Kenyan Micro-Task Workers Are Using Stablecoins To Make Affordable Cross-Border Payments
One of the major challenges facing micro-workers globally is the cost and friction of processing international payments to local currencies. Processing a $5 micro-payment from the US to Kenya may cost...
Kenyan Central Bank Seeks Public Opinion concerning CBDC
As a change of tune about crypto assets, the Central Bank of Kenya (CBK), Kenya’s apex bank, seeks to ask for public opinion about the potential introduction of a central bank digital currency (CBDC)....
Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment – Bitcoin News
Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’s financial system. The bank, however, warned that roll...