Bitcoin kenya

Kenya Parliament Passes Landmark Crypto Asset Law, Establishing Comprehensive Regulatory Framework

Nairobi, Kenya – In a historic move that positions Kenya as a African digital asset leader, Parliament has passed the groundbreaking “Virtual Asset Service Provider Act, 2025,” creating East Africa’s first comprehensive regulatory framework for cryptocurrency and blockchain technologies. The legislation, approved with overwhelming bipartisan support, establishes clear guidelines for crypto exchanges, token offerings, and blockchain…

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Btc

Crypto Markets Experience Largest Single-Day Liquidation Event in History: $15.2 Billion Wiped Out in 24-Hour Frenzy

October 15, 2025 – Global cryptocurrency markets witnessed their most severe liquidation event on record, with $15.2 billion in leveraged positions forcibly closed within 24 hours amid a dramatic market downturn that saw Bitcoin plummet 27% to briefly trade below $45,000. The unprecedented cascade of liquidations surpassed previous records set during the 2021 market correction and…

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Forex Exchage Kenya

Currency Stability Lowers Kenya’s Debt Stock by KSh 41 Billion. Is This a Signal to Economic Recovery?

Nairobi, Kenya – Kenya’s public debt stock decreased by KSh 41 billion in the first quarter of 2025, marking the first significant debt reduction in three years, driven primarily by the shilling’s sustained appreciation against major international currencies. According to the latest National Treasury report, the shilling’s 14% gain against the US dollar and 12% gain…

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Kenya mobile payments

Kenya to Reduce Transaction Fees to Accelerate Digital Payments Growth

Nairobi, Kenya – The Kenyan government has unveiled a comprehensive plan to dramatically reduce transaction fees across digital payment platforms, mobile money services, and banking channels in a bold move to drive financial inclusion and stimulate economic activity. The reforms, announced by the National Treasury in collaboration with the Central Bank of Kenya (CBK), target reducing…

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Digital id kenya

Kenya Advances Digital Identity Revolution with Verifiable Credentials and Digital Wallets Initiative

Nairobi, Kenya – The Kenyan government has initiated a groundbreaking digital transformation program to implement verifiable credentials and national digital wallets, positioning the country at the forefront of digital identity innovation in Africa. The initiative, spearheaded by the Ministry of Information, Communication and the Digital Economy in partnership with the Office of the Data Commissioner, aims…

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