After a few months of testing, the Kenyan government intends to implement its digital identity system in December 2023. The Kenyan president, William Ruto, was quoted on October 30 by local media for his remarks made at the East Africa Device Assembly Kenya factory in Athi River. Citizens of Kenya
On Wednesday, the Kenyan Ministry of the Interior announced on its Facebook page that it had suspended activities of Worldcoin, while the country’s financial, security, and data protection services investigated the legality and data security of the project. The Ministry stated: “The Government is concerned by the ongoing activities of
With their recent testnet launch and hackathon, Venom has garnered a lot of attention, and now they’ve inked an MOU with the Kenyan government to establish a blockchain center in Kenya dedicated to the development of Web3 apps. The strategic agreement between the Venom Foundation and the Government of Kenya would
Kenya, a country in East Africa has recently introduced 1.5 percent taxes on commissions for crypto trading and exchange over four million people in the country. Considerably, in April 2023, the country will scrap the 1.5% tax imposed on crypto trades for foreign operations, says William Ruto, the president of
BTC Mining farms are likely to be shifted to Olkaria, Kenya. The major concern of PoW will be struck out if KenGen comes into the scene. Recent news on BTC mines has increased, either its implementation of restriction or portal for a new opportunity. This news is regarding lateral, Kenya’s
In recent times, the crypto industry is witnessing a massive rise of scamming and fraudulent alerts in the marketplace. As crypto adoption is heading high on one side, investors, traders are in a fear of losing their assets on the other. Starting from this year, many crypto scams affected the
