News with the tag "CBK"

The Kenyan government has invited public comments on draft crypto policies. According to the country’s Ministry of National Treasury and Economic Planning, the draft regulations were developed through a multi-agency task force. The Kenyan Ministry of National Treasury and Economic Planning published...

Nervos Network, a prominent player in the blockchain space, has taken a significant step forward by partnering with OneKey Wallet, a leading name in crypto wallet solutions. The collaboration marks the launch of a co-branded hardware wallet, a move poised to enhance user experience and security for ...

The Kenyan central bank has said implementing a central bank digital currency (CBDC) may not be a priority for Kenya in the short to medium term. According to the central bank, Kenya’s “pain points in payments can potentially be solved by strengthening innovations around the existing payment ecosyst...

Patrick Njoroge, the outgoing governor of the Kenyan central bank, recently said the bank’s policy on crypto assets is not driven by personal views but is founded on the “wealth of information that is in the central bank.” Njoroge said the Central Bank of Kenya will continue to point out the risks p...

The Central Bank of Kenya (CBK) has received over 100 comments from stakeholders, including the public, commercial banks, and tech firms, regarding the potential issuance of a central bank digital currency (CBDC). The comments highlighted the potential benefits and risks associated with a CBDC, prom...