Nairobi, Kenya – In a landmark move for Kenya’s cryptocurrency ecosystem, Bankless Bitcoin has announced plans to install Nairobi’s first Bitcoin ATM at the prestigious Two Rivers Mall, signaling a new era of mainstream digital asset accessibility. The machine—scheduled for activation on September 15, 2025—will allow users to buy and sell bitcoin with Kenyan shillings, bridging…
Nairobi, Kenya – Global crypto exchange Bitget has rolled out tokenized stock trading and real-world asset (RWA) investments for Kenyan users, marking one of Africa’s most significant expansions of blockchain-based traditional investment access. The move allows local traders to buy fractional shares of Apple, Tesla, and Amazon—along with tokenized gold, real estate, and government bonds—with as…
IMF Sounds Alarm on Stablecoin Volatility: New Data Reveals $14.8B “Hot Money” Crisis in Emerging Markets Washington, D.C. – An IMF working paper has exposed an underbelly of stablecoin adoption, revealing how $14.8 billion in volatile digital dollar flows are destabilizing emerging markets—with African economies bearing the brunt of the turbulence. The July 2025 study, based…
Johannesburg, South Africa – South Africa’s leading financial institutions have initiated a large-scale rationalization of their ATM networks as digital payment adoption reaches record levels, according to operational plans filed with the South African Reserve Bank (SARB). The coordinated three-year reduction strategy will see 4,200 ATMs (38% of the national fleet) decommissioned by 2027, fundamentally reshaping…
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– In a surprise move that has sent shockwaves through Kenya’s crypto community, the National Treasury has abruptly repealed the controversial 3% Digital Asset Tax (DAT) on virtual asset transfers, just nine months after its introduction.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…
