Hackers Push Fake Crypto on Kenya Police Social Media Accounts

February 11, 2025 Bitcoin.com

bitcoin.com

A Kenyan law enforcement agency said it regained control of its X and Facebook accounts on Feb. 9, just hours after hackers used them to promote a fake cryptocurrency. Hackers Offer Tokens for Likes Kenya’s Directorate of Criminal Investigations (DCI) announced Feb. 9 that it had regained control of its X and Facebook accounts from […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study

January 23, 2025 The Daily Hodl

Argentina

US-based crypto exchange Coinbase has commissioned a study to understand how people in Argentina, Kenya, Philippines and Switzerland view crypto and blockchain technology as a means of improving their country’s financial system. The study, conducted by market research and consulting firm Ipsos, shows that the majority of adults in all four nations believe that the […]

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SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Kenya’s Government Moves Toward Crypto Legalization and Regulation With New Draft Policy

January 11, 2025 The Daily Hodl

crypto

Kenya’s government is making moves to legalize and regulate crypto. The National Treasury of Kenya released a draft policy last month outlining the broad strokes of a potential digital asset regulatory framework. John Mbadi Ng’ongo, the cabinet secretary for the National Treasury and Economic Planning, says in a forward to the policy that the Kenyan […]

The post Kenya’s Government Moves Toward Crypto Legalization and Regulation With New Draft Policy appeared first on The Daily Hodl.

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Kenya Set to Embrace Cryptocurrency: Government Prepares Legislation to Regulate Virtual Assets

January 11, 2025 Bitcoin.com

bitcoin.com

Kenya is set to introduce legislation that would permit the use of cryptocurrencies. Kenyans Retain Interest in Crypto Despite Government Opposition Kenya is preparing legislation that would allow the use of cryptocurrencies, a senior official in President William Ruto’s government has said. In a statement explaining the policy shift, Kenyan Treasury Cabinet Secretary John Mbadi […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Kenya National Fire Brigades Association Adopts Bitcoin

December 12, 2024 Bitcoin.com

bitcoin.com

The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union’s efforts to improve working conditions and emergency response capabilities for firefighters in Kenya. By integrating bitcoin into their balance sheet, KENFIBA seeks to enhance its […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Fire Brigades Association becomes first Kenyan labor union to hold BTC

December 11, 2024 Coin Telegraph

Adoption

The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce.

The Kenya National Fire Brigades Association (KENFIBA) has purportedly become the first labor union in the country to adopt a Bitcoin (BTC) reserve.

Funded through a “get off zero” donation facilitated by Proof of Workforce, a nonprofit organization dedicated to helping unions and workers adopt Bitcoin, the announcement took place at the Africa Bitcoin Conference on Dec. 11.

According to a social media post from Proof of Workforce, the cryptocurrency fund will serve to help expand Kenya’s firefighting efforts. The nonprofit also said that KENFIBA may not just be the first union in Kenya to adopt Bitcoin, it may very well be the first of its kind on the entire continent.

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

November 1, 2024 Bitcoin.com

Africa

The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network. By joining Hedera, the Kenyan […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox

July 20, 2024 Bitcoin.com

asset tokenization

Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their income levels. During the 12-month sandbox period, Ownmali will adhere to regulatory requirements, […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation

June 29, 2024 Bitcoin.com

Africa

Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in revenue. The protests, led mostly by young Kenyans who […]

SEC approves first yield-bearing stablecoin YLDS with 3.85% APR

Blockchain helps harvesting better avocados in Kenya — Here’s how

May 30, 2024 Coin Telegraph

Adoption

Small-scale farmers lack the essential tools to address significant challenges in avocado production. Here’s how blockchain and AI can help them.

Avocado is important for Kenya. Beyond being an essential side dish and a pudding ingredient for the local population, this pear-shaped fruit is also a major contributor to Kenya’s export proceeds.

In a global market valued over $15 billion in 2023, Kenya proudly stands as the fourth biggest avocado producer — and the biggest in Africa — thanks to its climate that enables perennial production.

Kenya

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