A Kenyan government minister said the country has encountered pressure from the U.S. government to lift its suspension on Worldcoin’s activities.
Kenya News
Kenya, or officially the Republic of Kenya, is a state in Eastern Africa. Currently, Kenya is one of the most rapidly developing countries in Africa. In terms of Bitcoin, Kenya — as an economic center of the continent — has had a leading position in cryptocurrency use. Bitcoin mining in Kenya has become very popular among the community due to several reasons, such as less volatility relative to the national currency, the ability to earn money, etc., so even the local mass media spread the information about Bitcoin, which has led to a higher level of awareness among citizens of the country. The technology of blockchain in Kenya is considering for use by the real estate market to register ownership and for auditing, in order to make its services convenient and transparent.
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Hashlabs Mining co-founder and chief mining strategist Jaran Mellerud said Ethiopia, Nigeria, Kenya, Argentina and Paraguay could pick up more hash rate in the coming years.
28859The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone.
13623Representative Maxine Waters revealed both political parties are now “getting very close” to a joint stablecoin vision.
2411Professionals reportedly informed the National Assembly committee that stakeholders in the AI and robotics field were not consulted during the drafting of the bill.
2670The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
4597Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.
3184The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months.
10335The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers.
8576The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries.
5231Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.
4454Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor.
7536World Mobile announces the completion of DeWi technology field tests in Kenya, Mozambique and Nigeria, bringing a full African rollout one step closer.
4022The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.
5887The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
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