Search Results for "kenya"
UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption
The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.
Red Cross to Help Disaster-Riddled Communities in Kenya via Blockchain
Red Cross is eyeing to use blockchain-backed “local currencies” to help revitalize poor communities and establish a thriving economy on the foundation of smooth trades. As a result, the Red Cross societies of Kenya, Norway, Denmark, will be partnering to steer this initiative.
Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance
To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.
NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa
NEAR Foundation has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community, to trigger talent development, education, and blockchain innovation on African soil.
Venom To Launch A Blockchain Hub With Kenyan Government
Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent.
Kenyan law taxes crypto protects consumers
Kenyans who possess or trade in cryptocurrencies must report their activity to the government for tax reasons. Cryptocurrency kept for less than a year is subject to income tax, while capital gains tax applies after that. Kenya levies an income tax ranging from 10% to 30%. Banks currently levy a 20% excise tax on all cryptocurrency commissions and fees.
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 know the public's view about the potential introduction of CBDC.
Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
Authentication of Medicinal Products Made Possible by Blockchain Technology
Kadena, a blockchain network, has partnered with Rymedi, a healthcare data platform provider, to validate the quality of medicinal products via blockchain.
Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.
Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract
American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.