Kenya

Kenya Eyes Taxes on Crypto, Digital Wallets
Kenya Eyes Taxes on Crypto, Digital Wallets
November 21, 2022  |  Cryptocurrency

With 8.5% of its population now owning cryptocurrencies, Kenya is reportedly considering taxing crypto exchanges, digital wallets and transactions.  Legislators in the African country are...

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Nigeria Promotes Innovation, Becomes Latest African Country to Pass Startup Act
Nigeria Promotes Innovation, Becomes Latest African Country to Pass Startup Act
October 20, 2022  |  emea

With presidential assent marking its final passage into law, the Nigeria Startup Bill has become the Nigeria Startup Act as of Wednesday (Oct. 19). Intended...

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Beyond EU, Regulators Move to Rein in Big Tech Dominance in Africa
Beyond EU, Regulators Move to Rein in Big Tech Dominance in Africa
October 11, 2022  |  Big Tech

From the $1.7 billion AdSense antitrust fine levied against Google in 2019 and the nearly $887 million privacy fine Amazon was issued last July, to...

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Africa’s Growing Gamer Scene Embraces Web3 Possibilities
Africa’s Growing Gamer Scene Embraces Web3 Possibilities
October 04, 2022  |  Ecosystems

Around the world, gaming communities have been at the vanguard of the current Web3 boom and have been instrumental in shaping the social dimensions of...

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Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
October 03, 2022  |  Cryptocurrency

A recent analysis of global cryptocurrency transactions by Chainalysis sheds light on the unique nature of Sub-Saharan Africa’s crypto market, which represented just 2% of...

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How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
How Telco APIs Are Enhancing Africa’s Mobile Money Ecosystem
September 08, 2022  |  API

In Europe, open banking is associated with a wave of open application programming interfaces (APIs) rolled out by banks that allow authorized third parties to...

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EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M Users in Nigeria
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022  |  emea

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits...

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Kenya’s GDPR-Style Legislation Threatens US Firms’ X-Border Data Transfer Model
Kenya’s GDPR-Style Legislation Threatens US Firms’ X-Border Data Transfer Model
August 23, 2022  |  Regulation

Around the world, data protection legislation sets the rules for how companies collect and process personal information. The EU’s General Data Protection Regulation (GDPR) is...

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Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
Kenyan Central Bank Blocks FinTechs Flutterwave, Chipper
July 29, 2022  |  emea

The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments...

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