CRYPTOCURRENCY
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National Assembly Passes Bill to License All Crypto Firms
The National Assembly has passed the Virtual Asset Service Providers Bill, 2025, which will make all cryptocurrency service providers get a license before they can operate in the country. This new law aims to protect investors, stop fraud and make digital finance safer for everyone. According to the bill, only registered companies can offer services…
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ViFi Labs Acquires Uganda’s OneRamp to Boost Stablecoin Payments Across Africa
ViFi Labs, a decentralized protocol focused on foreign currency and stablecoin trading, has acquired OneRamp, a leading stablecoin payments platform serving emerging markets in Africa. OneRamp enables users to make everyday payments. Founded by Ugandans Elias Hezron Opio and Jovan Mwesigwa, OneRamp simplifies stablecoin use by connecting crypto payments directly to mobile money and banking infrastructure. The platform currently…
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Why Crypto May Redefine How We Pay and Move Money in Kenya
When cryptocurrencies first entered Kenya in 2013, they stirred more suspicion than excitement. Traditional banks kept their distance. The Central Bank of Kenya (CBK) had issued a stern warning against their use in 2015, citing risks like fraud, volatility and the absence of regulation. But while the financial establishment hesitated, crypto enthusiasts forged ahead, turning…
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Emirates and Crypto.com Partner to Integrate Cryptocurrency Payments
Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to explore integrating Crypto.com Pay into its payment systems, aiming for implementation next year. This collaboration will prioritize maintaining the highest security and compliance standards. The agreement was signed by Adnan Kazim, Emirates’ Deputy President and Chief Commercial Officer, and Mohammed Al Hakim, President of…
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VACC Backs Crypto Regulation Bill to Unlock Kenya’s Blockchain Potential
The Virtual Assets Chamber of Commerce (VACC) has expressed strong support for the proposed Virtual Asset Service Provider (VASP) Bill, 2025, describing it as a crucial step toward establishing a safer and more robust digital asset environment in Kenya. The bill, which aims to regulate the licensing, compliance, and registration of crypto platforms, could mark…
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Stripe Launches AI Payment Model, Stablecoin Accounts Globally
Stripe has unveiled an artificial intelligence (AI) foundation model for payments and introduced stablecoin-based financial accounts across 101 countries, marking a significant advancement in global digital finance. The announcements were made during the company’s annual Sessions 2025 event in San Francisco. The newly introduced Payments Foundation Model is the first of its kind, trained on…
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Why IMF Urged Kenya to Regulate Crypto Assets Market
The International Monetary Fund (IMF) has urged Kenya to develop a framework to regulate and oversee the country’s crypto assets market in line with international standards in a bid to curb scams and counter terrorism financing. In Kenya crypto users are operating below the radar of regulators since it is not recognized as a legal…
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