Kenya’s New Crypto Rules: Legal Framework in Progress

Kenya’s New Crypto Rules: Legal Framework in Progress

Kenya is preparing to legalize cryptocurrency trading through new regulations. The government aims to balance innovation with risks such as fraud and money laundering. Despite previous restrictions, 10% of Kenyans own cryptocurrencies, indicating a shift. Kenya has signaled “yes” to the future of digital finance by legalizing cryptocurrency trading. Treasury Minister John Mbadi announced that … Read more

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s National Fire Brigades Association (KENFIBA) has become the first union in the country to adopt Bitcoin as part of its financial reserves. The initiative was announced on “X” during the Africa Bitcoin Conference in Nairobi on December 11, 2024. The announcement was made byProof of Workforce,’ a non-profit organization committed to helping unions and … Read more