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Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

2024-11-25 by admin Leave a Comment

Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government to foster blockchain development and education. While regulatory uncertainties have previously hindered Coinbase’s operations in […]

Kenya’s Crypto Landscape Set for Major Overhaul With New Tax System

2024-10-18 by admin Leave a Comment

The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya is considering AI and machine learning to combat tax evasion. These technologies would improve […]