Kenya

Initiative allows Ecuadorians aged 18+ to join Worldcoin’s 5.7 million participants, enhancing online identity verification. After regulatory clearance, Worldcoin resumes operations in Kenya, overcoming previous suspension due to data protection concerns. Worldcoin, is set to expand its presence by launching World ID orb verifications in Ecuador and resuming operations in Kenya. This expansion marks a phase for the crypto initiative as it aims to broaden its global user network, as we have developed in Crypto News Flash previously. World ID…

The post Nadeem Anjarwalla: Binance Executive Arrested In Kenya, Extradition To Nigeria This Week appeared first on Coinpedia Fintech News Binance executive Nadeem Anjarwalla, who fled Nigerian custody, has been found and faces extradition or deportation from Kenya to Nigeria via Interpol this week. Nigeria’s Federal High Court has postponed the Binance tax evasion trial to May 17. Another Binance executive, Tigran Gambaryan, who was previously detained together with him, is still in custody awaiting trial. They have serious financial…

Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities to Kenya, where his whereabouts were discovered. Binance Executive Set to Be Extradited According to a local report, the Nigerian government is working on extraditing Anjarwalla back to Nigeria in collaboration with Interpol and Kenyan authorities. The Binance executive will face charges related to the alleged manipulation of the Naira…

Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent. More than 84% of the Kenyan population have access to financial services through banks and fintech. However, with the implementation of blockchain infrastructure as…

The United Nations Office on Drugs and Crime (UNODC) has advised the Kenyan government to leverage technology to fight corruption. According to the Corruption Perceptions Index 2019, the East African country ranks 137 out of 180 countries for corruption. The least corrupt countries are at the top of the list. Kenya has been struggling with massive corruption in the public as well as private sectors. Main loophole: manipulation of the procurement system According to audit reports, the country's main corruption…