Why Kenya is Africa’s crypto pioneer
The Kenyan government has shown a cautious yet open attitude towards crypto assets.

The Kenyan government has shown a cautious yet open attitude towards crypto assets.
Chinese stocks opened higher on Monday and Bitcoin surged above $64,000 as investors assessed the potential impact of economic stimulus measures announced by the Ministry of Finance over the weekend.
Market liquidity should be just right. Too much liquidity will lead to economic and market turmoil. We investors must always pay attention to the risks.
On April 19, the U.S. Internal Revenue Service (IRS) released the first draft tax form specifically for digital asset transactions, 1099-DA, which is intended to report digital asset gains from broker transactions.
For tokens with a specific utility, a rule of thumb is - a token should be issued when its utility is essential to the crypto project.
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Coinbase Wallet's latest feature simplifies cryptocurrency transfers by allowing users to send money through shared links on multiple platforms, including messaging apps and social media.
The suspension comes as the country's financial, security, and data protection services delve into the legitimacy and data protection aspects of the project.
Azuki Elementals NFT mint drew much discontentment despite raking in an astounding $38 million in 15 minutes. Discontent centred around the artwork, the hosting platform’s technical errors, and limited minting window.
Roughly 8.5% of the African country's population owns cryptocurrencies, according to a United Nations report.