Worldcoin Pauses World ID in Kenya as Regulators Express Concern
The #Kenya government moved to halt #Worldcoin and its #WorldID registrations over #Privacy concerns.
Kenya
Kenya Plans 3% Tax on Crypto, 15% Levy on Content
Kenya introduces taxes targeting its growing cryptocurrency user base and digital content monetization.
Through Bitnob, 50M Kenyans Can Now Transact Bitcoin
Bitnob exchange has already launched in Kenya. Over 50M Kenyans can now receive payments through Lightning. There were earlier warnings of crypto volatility by the central bank of Kenya. According to their source, Bitcoin Magazine, Bitcoin Exchange ‘Bitnob’ has already launched its operations in Kenya. The Integration with the M-Pesa network now allows more than 50 million Kenyans to quickly transfer and receive payments using Lightning from their phones. After a one-time setup on the app, users may transfer money between Lightning wallets and M-Pesa without the receiver having to do anything. They have the option of receiving bitcoin or
Kenya’s Electricity Giant To Support Bitcoin Mining
Kenya’s electricity production firm KenGen will sell excess power to bitcoin mining activities. The decision came after crypto miners reached out to the company. These miners are from the US and Europe. Kenya’s electricity production company KenGen has announced its intention to sell surplus geothermal power to bitcoin mining firms. According to an article by Quartz, the decision came after KenGen received numerous purchasing requests from bitcoin miners. The company did not specify which bitcoin mining firms, although some suggest that the crypto mining firms are based in the US and Europe. KenGen will be encouraging bitcoin miners to set
