The fraudsters lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments.

The contract for the printing was awarded to the German firm Giesecke+Devrient, chosen for its industry reputation and quality.

The rise in reserves is largely attributed to IMF debt inflows and CBK's strategic net purchases of dollars.

The taxman notes that if discussions with the CBK are successful this year, along with engagement with Bitcoin traders and others in the cryptocurrenc...

The tender, valued at Sh14.5 billion, was awarded to the German firm Giesecke+Devrient Currency Technologies through a 'classified' direct procurement...

The CBK has confirmed that the new 1,000-shilling banknotes with enhanced security features are already in circulation as part of their ongoing effort...

Binance, the world's largest cryptocurrency exchange, also faces separate accusations of tax evasion.

Germany has two prominent currency printers, Bundesdruckerei GmbH and Giesecke+Devrient GmbH, and it is not clear whether either of these companies wa...

The Kenyan shilling gaining streak against the greenback began sometime in February this year, after a period of tumbling since early 2020. It hit a r...

The Kenyan currency banknotes will now bear the signatures of the Governor of the Central Bank of Kenya Kamau Thugge and Treasury Principal Secretary...

According to Finance Minister Mwigulu Nchemba, the move aims to curb the widespread use of dollars within the country to address the economy's critica...

The latest blows come from some powerful Americans questioning the rule of law following the conviction of Donald Trump.

Soraya Hakuziyaremye, Deputy Governor of Rwanda's Central Bank, outlined the critical steps and anticipated benefits of the proposed digital currency,...

Binance and executives Tigran Gambaryan, a US citizen and head of financial crimes compliance, and British-Kenyan national Nadeem Anjarwalla, a region...

Binance, the world's largest crypto exchange, and two of its executives face separate trials on tax evasion and money laundering, which the company is...

Zimbabwe has introduced the ZiG, replacing the Zimbabwe Dollar (ZWL), which had undergone frequent and rapid depreciation.

Nanjeem Anjarwalla reportedly flew out of Abuja aboard a Middle Eastern airline, under unclear circumstances, since security agencies had confiscated...

"Kindly ignore any rumours circulating in social media on the unveiling of new banknotes for the region," the EAC said.

The decision is a win for the utility company which has recently faced challenges due to increased forex losses.

Worldcoin is said to have collected data from minors through an iris scan.