Kenya has taken a significant step forward in regulating its cryptocurrency sector by passing the Virtual Asset Service Providers (VASP) Bill. This landmark legislation sets the stage for […]
Kenya Approves Virtual Asset Bill: Crypto Regulation Takes Center Stage
Kenya has taken a significant step forward in crypto regulation with the passage of its Virtual Asset Service Providers (VASP) Bill. The bill, now awaiting President William Ruto’s […]
Kenya Enacts New Bill for Digital Asset Regulation, Aiming to Attract Investment
Kenya has taken a major step towards regulating its burgeoning digital asset sector with the passage of a new bill. This legislation, aiming to provide clear oversight and […]
Kenya Enacts Regulations for Digital Assets, Bolsters Fintech Sector
Kenya has taken a significant step towards establishing itself as a leader in the African digital asset industry. The country recently passed the Virtual Asset Service Providers Bill, […]
Kenya Takes Steps Forward with Digital Asset Regulation
Kenya’s Parliament has taken a significant step towards regulating its digital asset sector, passing the Virtual Asset Service Providers Bill. This legislation aims to create clear rules for […]
Central Bank Licenses 27 Digital Lenders in Kenya
Kenya’s Central Bank has issued 27 new licenses to Digital Credit Providers (DCPs), bringing the total number of regulated institutions to 153. This announcement, made on September 5, […]
Bolt Market Explodes in Kenya, Recording 300% Growth in Eight Months
Kenya’s online grocery delivery market has experienced explosive growth since Bolt Market launched in December 2024, resulting in a remarkable 300% increase in orders. The company attributes this […]
Facebook Invests $23 Million in Kenyan Broadband Infrastructure
In a significant investment, Facebook has pledged $23 million to enhance broadband infrastructure in Kenya. This initiative aims to improve internet access and connectivity across the country. The […]
Twitch Suspends Monetization in Kenya Due to Local Taxes
American streaming platform Twitch has announced it will suspend its monetization program for creators in Kenya. This decision is attributed to new local regulations that have made it […]
Is Kenya’s ChatGPT Surge a Sign of Progress or a Global Testbed?
Kenya has emerged as the global leader in ChatGPT adoption, with a usage rate exceeding 42% among internet-connected adults each month. This marks a significant leap for the […]
Starlink Faces Challenges in Kenya Launch
Elon Musk’s satellite internet service, Starlink, has encountered hurdles in its expansion to Kenya. The company faces challenges in deploying its technology amidst local regulatory issues and competition […]
Bitcoin Ushers in a Digital Revolution: Slum Residents Embrace Crypto in Kenya
In the heart of Kibera slum, a quiet revolution is underway. Soweto West residents are increasingly turning to Bitcoin as an alternative financial tool, defying traditional banking practices […]
Kenya’s Digital Economy Faces Uncertainty Amidst Cryptocurrency Tax Changes
A new cryptocurrency tax in Kenya has sparked debate, raising concerns that it could hinder the nation’s digital economy. Despite its intention to boost revenue, critics argue that […]
Kenya’s Crypto Tax: Threat to Africa’s Digital Economy and Fintech Leadership?
Kenya’s introduction of a 1.5% tax on cryptocurrency transactions poses a significant threat to Africa’s digital integration. This new regulation could jeopardize the region’s potential as a fintech […]
Kenya’s Crypto Tax: Threat or Opportunity? A Look at Potential Impacts
Chebet Kipingor, business operations manager at Busha, explores Kenya’s revised 1.5% crypto transaction tax and its potential consequences for the country’s digital growth. The article argues that while […]