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Category kenya

USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infra...
Kenya Inches Closer to Crypto Regulations, MPs Back Government Supervision Plan

Kenya Inches Closer to Crypto Regulations, MPs Back Government Supervision Plan

The Kenyan government's Finance Committee proposed a multi-agency group to jointly supervise virtual asset service providers (VASPs). The post Keny...
About 31% of Kenyan banks are open to start facilitating crypto deals

About 31% of Kenyan banks are open to start facilitating crypto deals

Nearly a third of Kenyan banks are set to start facilitating crypto deals. The interest was sparked by the government’s intentions to legalize and ...
Tanzania’s US Dollar Ban Set the Stage for Kenya & Other EAC Nations

Tanzania’s US Dollar Ban Set the Stage for Kenya & Other EAC Nations

Tanzania’s dollar ban took effect on March 28, and right now businesses are adjusting to the new requirement…
Sam Altman’s World Ordered to Stop Biometric Data Collection in Kenya

Sam Altman’s World Ordered to Stop Biometric Data Collection in Kenya

The Kenyan High Court has ordered Sam Altman’s World to cease processing, collecting or dealing in biometric data without conducting a Data Protect...