Kenya to host PAPSS, an African cross-border payment infrastructure
PAPSS allows African traders to settle deals using their respective national currencies.
Kenya
Exclusive: Kenyan lawmakers task lobby group to draft crypto bill
The National Assembly’s Departmental Committee on Finance and National Planning has directed the Blockchain Association of Kenya to prepare the first draft of what could become a virtual asset service provider’s bill.
Kenya government to launch digital identification by December
It is unknown what technology the digital ID project is built on. The previous project, Huduma Namba, was built on blockchain.
Kenyan shilling slumps to a record low of 150 to dollar
According to the CBK Governor, Kamau Thugge, the shilling has been overvalued for several years.
Worldcoin starts paying its orb operators in WLD instead of USDC
The company expects all of its operators to be paid exclusively in WLD in November.
Fraudulent CAR crypto investment company vanish with customer funds: Reports
Hundreds of Central Africans participated in the scheme, with some depositing their life savings worth millions of CFA francs.
MTI’s liquidators to refund part of victims’ recovered bitcoins
1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.