IMF expands Kenya’s financing package to $938 million
The additional funding will strengthen the country’s reserves before its $2 billion Eurobond payment in June.
Policy
South African tax body adopts crypto-assets reporting framework
SARS wants to integrate the Crypto Asset Reporting Framework (CARF) into national law as part of its commitment to regulatory measures.
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.
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.
Kenyan parliamentary committee recommends shutdown of Worldcoin
The committee deemed Worldcoin and its partners’ activities criminal and called for legal action against them.
Kenya’s Interior Minister claims the U.S. prevented the arrest of Worldcoin executives
In a conflicting statement, a Worldcoin representative debunked the news, saying no executives were detained in Kenya.
Republic of Mauritius launches blockchain-based eVerify service
The eVerify service will be used in the education, health care, production, and legal sectors of the country.