The Kenyan government wants to tax crypto transactions. It is making a new amendment to the capital markets bill to introduce a 20% excise tax on every crypto transaction fee charged in the country. More in #TCDaily.
FTX has lost its financial services trading licence in South Africa. South African cryptocurrency market maker Ovex cancelled has cut off the international exchange’s access to its local Financial Service Provider (FSP) licence. More in #TCDaily.
In today's edition of #TCDaily: - PalmPay gets compliance licence- Safaricom to introduce phone numbers for minors- Modus launches $45 million Africa-focused fund- Orange rolls out 5G service in Botswana
The Central Bank of Kenya is moving to curb the blacklisting of loan defaulters. A new update restricts all credit reference bureaus (CRBs) and other commercial facilities from using only negative credit history to deny Kenyans loans.More in #TCDaily.