Kenya – DIGIT INFO

Trevor Kimani Pushes Kenya to Balance Crypto Rules as 2025 Framework Takes Shape

DIGIT — Sat, 27 Jun 2026 13:18:50 +0000

Kenyan cryptocurrency leaders are urging closer cooperation with government regulators to help shape the nation’s emerging digital-asset framework. A New Era of Formal Oversight Cryptocurrency industry leaders have urged deeper collaboration with government agencies as Kenya advances work on its first comprehensive digital-asset regulatory framework. Speaking at a recent Bitcoin conference in Nairobi, technology executives […]

Go to Source

Safaricom Teams With Chainalysis as AI Hunts Payments Linked to Illegal Wildlife Trade

DIGIT — Tue, 23 Jun 2026 04:30:37 +0000

Safaricom, along with major technology and cryptocurrency companies, including Chainalysis, has joined Prince William’s United for Wildlife taskforce to combat the $23 billion illegal wildlife trade. Squeezing the Financial Flows Kenyan telecom giant Safaricom has joined forces with a coalition of international technology, payments, and cryptocurrency firms to dismantle the financial networks driving the illegal […]

Go to Source

Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

DIGIT — Wed, 27 May 2026 05:30:53 +0000

Kenyan Treasury Cabinet Secretary John Mbadi dismissed widespread rumors that the Finance Bill 2026 introduces new taxes on cryptocurrency transactions. Clarifications on Digital Content and Bread Taxes In a bid to quell growing public anxiety, Kenyan Treasury Cabinet Secretary John Mbadi has dismissed reports that the government is imposing fresh tax levies on cryptocurrency transactions. […]

Go to Source

Kenya Narrows Crypto-Offshore Gambling Escape Valve in Finance Bill 2026

DIGIT — Wed, 13 May 2026 04:30:08 +0000

Treasury Cabinet Secretary John Mbadi has submitted Kenya’s Finance Bill 2026 to Parliament, introducing mandatory annual reporting requirements for virtual asset service providers alongside the reintroduction of a 20% withholding tax on gambling winnings, closing both lanes of the standard crypto-offshore migration path for affected players in a single piece of legislation. Two Reform Lanes […]

Go to Source

Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe

DIGIT — Thu, 07 May 2026 04:30:58 +0000

A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting investors. The order […]

Go to Source

Kenyan Central Bank Moves to Vet VASP Applications With 4 Hires

DIGIT — Fri, 01 May 2026 10:30:49 +0000

The Central Bank of Kenya is reportedly actively recruiting for its first-ever dedicated virtual asset service provider supervision team. Key Takeaways: CBK opened recruitment for 4 VASP oversight roles following the passage of the 2025 VASP Act. The recruitment signals that the CBK aims to professionalize and stabilize Kenya’s growing crypto market. A 13-member committee […]

Go to Source

Credit Bank PLC Partners With Anzens to Pilot USDA Stablecoin in Kenya

DIGIT — Thu, 23 Apr 2026 05:30:53 +0000

Kenya’s Credit Bank has partnered with Anzens to pilot the USDA stablecoin, potentially becoming the first licensed commercial bank in an emerging market to directly mint and distribute a stablecoin. Key Takeaways: Credit Bank PLC and Anzens launched a pilot to slash cross-border payment fees to a flat 1.5%. Stablecoins now drive 43% of African […]

Go to Source

Industry Groups Warn New Crypto Rules Could Drive Kenyan Startups Offshore

DIGIT — Mon, 30 Mar 2026 04:30:56 +0000

Representatives of the Kenyan industry warn that proposed licensing rules could exclude startups, concentrate the market among well‑funded firms, and push users toward offshore platforms. Strict Licensing and Oversight Requirements Kenya’s cryptocurrency industry is reportedly raising concerns over draft regulations that would require firms to hold significant amounts of paid-up capital before obtaining operating licenses. […]

Go to Source

iGaming Regulations in Focus: UK Fees, Brazil Taxes and X’s Gambling Ban

DIGIT — Tue, 24 Feb 2026 16:05:00 +0000

Governments from London to Brazil tightened their grip on iGaming this week, rolling out tax hikes, sponsorship bans, and enforcement drives that could reshape how the sector operates in 2026 and beyond. The regulatory tempo is quickening, and operators, affiliates, and investors are recalibrating as lawmakers chase revenue while promising tougher consumer protections. This Week’s […]

Go to Source

M‑pesa Partners With ADI Foundation to Bring Blockchain to 60M Users Across Africa

DIGIT — Thu, 15 Jan 2026 07:30:41 +0000

M‑pesa Africa has partnered with the ADI Foundation to integrate ADI Chain, a sovereign‑grade Layer 2 blockchain, across its mobile money operations in eight African countries, potentially reaching 60 million users. Bridging Traditional Mobile Money and Web3 M-pesa Africa and the ADI Foundation recently announced a strategic partnership to integrate institutional-grade blockchain infrastructure across the […]

Go to Source