Tag: central bank of Kenya

Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates......

Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment

Kenyas central bank has acknowledged in a recently released document that a central bank digital currency could potentially benefit the country’finančni sistem. The bank, vendar, warned that rolling out a CBDC could also pose risks to the same. CBDC’s Impact......

Kenijski poslovnež obtožen goljufanja vlagateljev za več kot $140 milijon

Businessman and owner of a Kenyan football club, Ricardo Badoer, has been accused of fleecing more than $140 million from investors via his Aidos Kuneen cryptocurrency. Threats Against Investors According to a local report, Kenyan businessman Ricardo Badoer is being accused......