DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

KENYA

Kenya Withdraws Financial Misconduct Case Against Flutterwave

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Kenyan authorities have dropped charges of financial misconduct and corruption against Flutterwave Inc., about seven months after a court in the East African nation froze the bank accounts of one of Africa’s biggest startups. startups. According to a Kenyan High…

Kenya’s Fintech Took 30% Of Tracked Kenyan Tech Startups In 2022

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Recent findings of a study on Kenya’s startup space, fintech ventures alone accounted for just over 30% or 93 out of the 308 tracked startups. This figure is almost three times more than that of the nearest challengers, namely agri-tech…

Kenya Moves To Create Laws To Tax Crypto.

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Kenyan legislators are currently deciding whether or not to move ahead on a law that would allow for taxing crypto, Business Daily reported on Monday.The Capital Markets (Amendment) Bill, 2022 would allow for the taxation of crypto exchanges, digital wallets…

Snapshot on Africa Economic Performance By The Beginning of Q4 2022; So Far .

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Nigeria As of the first quarter of 2022, Nigeria’s public debt rose to N41.6 trillion from N39.56 trillion recorded at the end of December 2021, putting enormous pressure on debt servicing. According to the International Trade Center, between 2020 and…

Flutterwave Series Of Woes Continue, As Kenyan Court Freezes More Millions.

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A Kenyan high Court has frozen another Sh400.6 million ($3.3 Million) in three bank accounts and 19 Safaricom M-Pesa paybill numbers  belonging to Nigerian pan African start-up fintech, Flutterwave allegedly linked to card fraud and money laundering. Justice Grace Nzioka said…

Nigeria Bitcoin P2P Volume In First Half Of 2022 Nears $400 Million. Kenya, Ghana Records Growth.

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The latest released from the peer-to-peer crypto exchange platform Paxful, Nigeria’s bitcoin traded volumes in the first half of 2022 nearly topped $400 million. When combined with the $760 million in trade volumes which were seen in 2021, making Nigeria…

Kenya Crypto Ecosystem Expects Favourable Policies From The New President Elect.

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The newly elected Kenya’s President William Ruto is belived to be in sync with the dreams of the crypto community in Kenya and is expected to bring policies that will hasten crypto adoption in the country and boost Fintech Start-up…

Kenya Becomes First in Africa to Make Coding a Subject in Primary and Secondary Schools.

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Kenya’s president, Uhuru Kenyatta, in the past week announced the addition of coding as a subject into its primary and secondary schools curricula. This new development makes Kenya the first country in Africa to approve coding as a subject of study…

Kenyan 2022 Election Voting System Replicates Bitcoin Blockchain.

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Kenyans held national elections on Tuesday, August 9, 2022, and the voting system closely mirrored the BitcoinBTC blockchain. African governments have traditionally conducted chaotic elections rife with gross misconduct and outright vote rigging. The election, however, was the most transparent system…

Viral Kenya’s Driving Championship Meme Exploited As NFT Draws Copyright Board Hammer.

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Kenya Copyright Board has issued a public advisory on memes following the exploitation of Rally Champion comic video of two popular Kenyan comedians, whose still shots from the video were exploited as an NFT meme, and used by corporate organizations…


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