Nairobi, Kenya – In a surprise move that has sent shockwaves through Kenya’s crypto community, the National Treasury has abruptly repealed the controversial 3% Digital Asset Tax (DAT) on virtual asset transfers, just nine months after its introduction. The decision, buried in the newly published Finance Act 2024 Amendment, eliminates what had become one of…
Lagos, Nigeria – In a watershed moment for African fintech, payments giant Visa has partnered with crypto platform Yellow Card to create the continent’s first regulated stablecoin payment corridor, enabling near-instant cross-border transfers across 20 African nations using USDT and USDC. The system, set to go live in Q4 2024, could slash remittance costs by…
Nairobi, Kenya – The Kenyan government has unveiled its most comprehensive cryptocurrency regulatory framework to date through the Kenya Competition (Digital Asset Markets) Rules, 2024. These draft rules – currently open for public comment – represent a seismic shift in how crypto businesses must operate, with stringent requirements that could force half of existing platforms…
Zanzibar, Tanzania – This could redefine East Africa’s digital economy. The Zanzibar government has partnered with Tether (USDT issuer) to launch a sweeping blockchain initiative spanning education, payments, and regulatory innovation. The three-year deal, valued at $15 million, positions the semi-autonomous archipelago as a testbed for cryptocurrency adoption while addressing the region’s financial exclusion crisis….
Nairobi, Kenya – May 14, 2025 The just-concluded Nairobi County Web3 & Blockchain Bootcamp Award Ceremony marked the triumphant end of a three-day intensive innovation program aimed at nurturing the next generation of blockchain developers. Hosted by MUIAA Labs in collaboration with the Nairobi City County Government and Computer Aid International, the event brought together…
Nairobi, Kenya – As cryptocurrency adoption surges across Africa, a silent revolution in financial security is underway. Advanced wallet screening technologies now prevent over $3 billion annually in illicit crypto transactions globally, with Kenyan fintech firms at the forefront of implementing these solutions. But how exactly does this digital detective work function, what are its…
Global cryptocurrency exchange Bybit has partnered with AltSchool Africa, a leading tech education platform, to launch a blockchain and web3-focused training program. This collaboration aims to equip African students with the skills needed to thrive in the rapidly evolving blockchain and cryptocurrency sectors. But what does this partnership mean for Africa’s tech ecosystem, and how…
Kenya’s cryptocurrency landscape is at a pivotal moment as the government introduces the Virtual Asset Service Provider (VASP) 2025 Bill. This proposed legislation aims to regulate the rapidly growing crypto industry, providing a framework for oversight and consumer protection. However, the bill also raises important questions about its potential impact on innovation, investment, and financial…
