Kenya to host PAPSS, an African cross-border payment infrastructure
PAPSS allows African traders to settle deals using their respective national currencies.
News
Nestcoin-owned Onboard has launched its virtual cards
Nestcoin’s Onboard joins Bitmama and Bitnob in the growing trend of African crypto companies offering virtual cards.
Mauritius wants to integrate the metaverse into its financial system
Integrating the metaverse into Mauritius’ financial sector can birth new financial innovations, the Financial Service Commission wrote.
Nigerian crypto scam entity Argo Coin has vanished with its customers’ funds
The crypto scam entity lured investors by falsely claiming to invest their money in Bitcoin mining equipment, promising exorbitant returns.
🟠 Kenya takes decisive steps to regulate crypto
Plus:
🇳🇬 Vella Finance crypto exit
🌏 SBF trial
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.