Kenya Archives

Digital Nigeria is an event you don’t want to miss: Bitlipa founder Apollo Eric

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13 October, 2023

Digital Nigeria is an event you don’t want to miss: Bitlipa founder Apollo Eric

Digital Nigeria will be the biggest blockchain event this year, says Apollo Eric, whose keynote speech will address blockchain disruption...

Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’

Business

Steve Kaaru

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4 October, 2023

Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’

An ad-hoc committee probing Worldcoin called on the country’s regulators to shut down the project within seven days, including blacklisting...

Worldcoin: US gov’t blocks CEO Alex Blania’s arrest in Nairobi

Business

Steve Kaaru

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26 September, 2023

Worldcoin: US gov’t blocks CEO Alex Blania’s arrest in Nairobi

A Kenyan minister revealed that authorities detained Alex Blania while at the airport after appearing before parliament, but the U.S....

Business

Steve Kaaru

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12 September, 2023

Kenyan lawmakers grill Worldcoin CEO, call the project ‘a gang of criminals’

Worldcoin CEO Alex Blania appeared before an ad hoc parliamentary committee to defend his project, which had invested $17 million...

Worldcoin probed by committee formed in Kenya parliament

Business

Steve Kaaru

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22 August, 2023

Worldcoin probed by committee formed in Kenya parliament

Kenya was the first to shut down Worldcoin activities and raid its offices; it has now given a parliamentary committee...

Kenya suspends Worldcoin over data safety concerns as thousands queue for ‘free money’

Business

Steve Kaaru

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7 August, 2023

Kenya suspends Worldcoin over data safety concerns as thousands queue for ‘free money’

Worldcoin’s popularity is soaring in Kenya on social media-fuelled promises of free money, with most of the signups not concerned...

Kenya is losing millions of dollars to digital currency fraudsters: report

Business

Steve Kaaru

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2 August, 2023

Kenya is losing millions of dollars to digital currency fraudsters: report

While the government focuses on taxing digital asset traders, investors lose millions of dollars to digital currency Ponzi schemes executed...

Only 18% of Africans have owned digital assets: report

Business

Steve Kaaru

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24 July, 2023

Only 18% of Africans have owned digital assets: report

The report also revealed that high-earning millennials are the most digital currency-savvy and that poorer countries like Namibia lead digital...

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

Business

Steve Kaaru

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5 July, 2023

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

The Finance Bill has come under heavy criticism for its new taxes, including a 3% tax on digital asset sales,...

CBDC not a priority for Kenya, central bank says

Business

Steve Kaaru

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9 June, 2023

CBDC not a priority for Kenya, central bank says

The bank issued a discussion paper a year ago, and after assessing the feedback, it says Kenya can solve its...

Kenya says CBDC not a priority, recommends survey on digital currency adoption

Business

Steve Kaaru

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26 May, 2023

Kenya says CBDC not a priority, recommends survey on digital currency adoption

Central Bank of Kenya says there are better ways to address financial inclusion with current payment systems and dismissed a...

Kenya to tax digital assets, NFTs in proposed bill

Business

Steve Kaaru

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9 May, 2023

Kenya to tax digital assets, NFTs in proposed bill

Kenya will impose a 3% tax on the transfer of digital assets and NFTs under the proposed 2023 Financial Bill...

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