Kenya’s Regulators Propose Special Unit For ‘Handling Issues’ on ICOs, Cryptocurrency

The Capital Markets Authority (CMA) in Nairobi, Kenya, has proposed the creation of a special unit to handle cryptocurrency related issues. The unit would include all relevant regulators such as itself and Central Bank of Kenya (CBK), according to Standard Digital. The proposal is included in the Capital Market Soundness Report, “Staying the course in

The post Kenya’s Regulators Propose Special Unit For ‘Handling Issues’ on ICOs, Cryptocurrency appeared first on CCN

Kenya’s Central Bank Warns Against Cryptocurrency

As the regulatory debate continues mainly between government agencies and cryptocurrency protagonists, the Central Bank of Kenya (CBK), through its Governor, Patrick Njoroge joins in the campaign towards slowing down the propagation of Bitcoin and cryptocurrencies. A Recurrent Warning Njoroge told legislators on Thursday that he had sent a circular to all banks warning them

The post Kenya’s Central Bank Warns Against Cryptocurrency appeared first on CCN

Bitcoin and Blockchain Will Help Africa Achieve Global Inclusiveness, Says Kenyan Blockchain Incubator Founder

Space Kenya Networks Limited,  a Kenyan web development company, recently announced the launch of its blockchain incubator BitHub. CCN spoke with the director of Space Networks Kenya and founder of BitHub to discuss the crypto- and bitcoin-space in Kenya.  In a statement found on the  website, BitHub describes its mission as: “Solving problems using innovative […]

The post Bitcoin and Blockchain Will Help Africa Achieve Global Inclusiveness, Says Kenyan Blockchain Incubator Founder appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Kenyan Ministry Official Quits BitPesa Board And Sells Shares To Avoid Conflict Of Interest

Joe Mucheru, the secretary of Kenya’s Ministry of Information and Communications and Technology (ICT), resigned from the board of BitPesa, Africa’s largest bitcoin trading platform, and started to offload is shares to prevent any conflict of interest, according to technmoran.com, an African news site. While some Africa bitcoin observers might view his departure as another […]

The post Kenyan Ministry Official Quits BitPesa Board And Sells Shares To Avoid Conflict Of Interest appeared first on CCN: Financial Bitcoin & Cryptocurrency News.