Kenya
Kenya’s Directorate of Criminal Investigations has set up a dedicated unit to combat crypto-related fraud after losses reached $43.3 million, and unveiled new regulatory measures aimed at curbing the trend. The move seeks to strengthen enforcement and protect consumers amid rising digital-asset crime.
AfriBit Africa introduces bitcoin to Soweto West in Kibera, Kenya's largest slum, enabling around 200 residents, including garbage collectors and local merchants, to use bitcoin for daily transactions via the Lightning Network. This initiative aims to provide unbanked individuals with faster, low-fee alternatives to traditional mobile money services like M-PESA, despite concerns from experts regarding bitcoin's volatility and regulatory challenges.