Unexpected Bitcoin ATM Surge In Nairobi Malls Triggers Regulatory Alarm
Bitcoin ATMs branded “Bankless Bitcoin” have been spotted inside busy shopping centers in Nairobi, including Two Rivers Mall and outlets along Ngong Road in Westlands. Related Reading: US Holding Off On Bitcoin Reserve—Waiting For The World To Move First, Crypto Expert Says According to local reports, the orange machines now sit beside conventional bank ATMs, […]
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Bitcoin miners might soon flood to Nairobi to utilize the geothermal power available for them right now. An energy company makes this power source available and urges miners to purchase it. KenGen operates a renewable energy facility in Olkaria, Nairobi. They have enough space in this facility where bitcoin miners can open up shop for […]
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance.
Majid Al Futtaim Dives Into Crytpo With Binance
Majid Al Futtaim, a leading operator of shopping malls, hotels, cinemas, hypermarkets, and retail stores in the Middle East, Africa, and Asia, announced its strategic partnership with global crypto exchange Binance last week. The two....
An increase in crypto popularity triggers the moves from different jurisdictions to regulate digital assets. They see the need to control most activities within the space to secure investors’ funds. Hence, lots of regulatory measures come into the crypto space. But through the several regulatory requirements for crypto activities, many uncertainties are gradually manifesting. On […]
Nairobi-based digital currency wallet provider Bitsoko will immensely benefit from the new innovation and collaboration space announced by the New York-based hardware giant IBM at the Global Entrepreneurship Summit co-hosted by U. S. President Barack Obama on his first ever visit to Kenya as the President. The IBM Innovation Space will come up @ iHub - the heart of Nairobi's tech community - and will open from August 2015. The Bill & Melinda Gates Foundation-funded digital currency start-up Bitsoko is expected to grow significantly post the launch of this innovation platform. Bitsoko has....
Elon Musk recently introduced an artificial intelligence venture called xAI, aimed at revolutionizing the field of AI. This announcement has sparked a notable surge in the value of cryptocurrency tokens associated with AI. In an intriguing move, xAI has been established as an independent entity, separate from Musk’s prominent technology enterprise, X Corp. This strategic […]