Tag: Kenya

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Kenyan diaspora leading source of foreign exchange

Kenyan diaspora leading source of foreign exchange

Deputy President Rigathi Gachagua says the Kenyan diaspora community is now the leading source of foreign exchange in the country.Speaking in Munich, [...]
Parliamentary committee calls for shutdown of Worldcoin in Kenya

Parliamentary committee calls for shutdown of Worldcoin in Kenya

A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations [...]
Kenya Shilling Pays Price Of Year Of Blunders, Treasury Chief Says

Kenya Shilling Pays Price Of Year Of Blunders, Treasury Chief Says

The Kenyan shilling’s sharp slide against the dollar follows years of policy missteps at the central bank, according to Treasury Secretary Njuguna Ndu [...]
Casinos, Forex bureaus have until next Friday to register with … – The Star Kenya

Casinos, Forex bureaus have until next Friday to register with … – The Star Kenya

Casinos, Forex bureaus have until next Friday to register with ...  The Star Kenya [...]
Kenya forms parliamentary committee to investigate Worldcoin

Kenya forms parliamentary committee to investigate Worldcoin

The Worldcoin cryptocurrency project has run into another roadblock, this time in Kenya where the government has formed a 15-member parliamentary comm [...]
Kenya Appears to Have Flip-Flopped on Worldcoin’s Data Practices

Kenya Appears to Have Flip-Flopped on Worldcoin’s Data Practices

Wolrdcoin, which was co-founded by Sam Altman, CEO of ChatGPT developer OpenAI, is an identity and cryptocurrency protocol that uses iris scans to ver [...]
Worldcoin cryptocurrency project suspended in Kenya

Worldcoin cryptocurrency project suspended in Kenya

The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity assoc [...]
Kenya Offers to Lead International Force to Help Restore Order in Haiti

Kenya Offers to Lead International Force to Help Restore Order in Haiti

After nearly a year of calls from the prime minister of Haiti for armed intervention from abroad, the troubled country may soon get such a deployment [...]
Kenya Central Bank Takes Ambivalent Stance on Digital Currency

Kenya Central Bank Takes Ambivalent Stance on Digital Currency

The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said. www.coindesk.com [...]
Kenya partners with Abu Dhabi’s Venom Foundation to build blockchain, Web3 hub

Kenya partners with Abu Dhabi’s Venom Foundation to build blockchain, Web3 hub

The partnership will attempt to contribute to driving blockchain innovation in the continent’s key sectors, including finance, supply chain, agricultu [...]
Kenya considers tax on crypto, NFT transfers and online influencers

Kenya considers tax on crypto, NFT transfers and online influencers

Kenya's lawmakers are considering the introduction of a 3% tax on cryptocurrency and nonfungible tokens (NFTs) transfers and a 15% tax on monetized on [...]
CMA grants licenses to Admirals in Kenya

CMA grants licenses to Admirals in Kenya

Admirals announce that it has received a Kenyan license from Capital Markets Authority, also known as CMA, to operate as a non-dealing forex trading [...]
Bitcoin mining project in Kenya helps power rural community

Bitcoin mining project in Kenya helps power rural community

A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin [...]
INGOT receives regulatory approval from CMA in Kenya

INGOT receives regulatory approval from CMA in Kenya

Only a handful of forex and CFD brokers feature in the Kenyan market. INGOT enters the list after receiving regulatory approval from the Capital Mar [...]
Kenya Proposes Bill to Tax Crypto: Report

Kenya Proposes Bill to Tax Crypto: Report

The Capital Markets (Amendment) Bill, 2022 would allow for the taxation crypto exchanges, digital wallets and transactions. Crypto investors in Kenya [...]
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