🟠 Kenya takes decisive steps to regulate crypto
Plus:
🇳🇬 Vella Finance crypto exit
🌏 SBF trial
News
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.
MetaMask partners with Blockaid to launch security alerts for its self-custodial wallets
The feature takes effect on Oct. 31 and will be made available by default to MetaMask’s users by next year.
Vella Finance shuts down crypto operations to focus on SME banking
The fintech company decided to focus solely on banking services for small businesses, which constrains it from offering crypto services.
🟠 More drama for crypto exchange Patricia
Plus:
🌍 | Worldcoin starts paying its orb operators in WLD instead of USDC
🇧🇼 | Botswana’s president advocates blockchain for transparent diamond production
Botswana’s president advocates blockchain for transparent diamond production
The country’s diamond mining partner, De Beers Group, recently launched a blockchain tracing system, Tracr, to verify if diamonds are ethically sourced.