The Central Bank of Kenya (CBK) has said it has made progress towards the realization of a financial sector-wide interoperable solution that will enable instant transfer of payments across the entire financial industry. According to the apex bank, the progress has been made possible through

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

Gate News Bot news, August 26, according to CoinMarketCap data, as of the time of writing, CBK (Cobak Token) is currently priced at 0.69 USD, having risen 21.39% in the last 24 hours, reaching a high of 0.70 USD and a low of 0.55 USD. The current market capitalization is approximately 66.7 million USD, an increase of about 1.18 million USD compared to yesterday. Currently, CBK ranks 477th in the market capitalization of crypto assets. Important news about CBK recently: 1️⃣ **The Central Bank of Kenya is ready to issue licenses to fintech companies** The Central Bank of Kenya is taking proactive measures to prepare to issue licenses to fintech companies. This initiative will create a more favorable regulatory environment for the development of Crypto Assets in the region, which may indirectly boost investor confidence in Crypto Assets like CBK. 2️⃣ **Kenni

Flutterwave CEO Agboola Olubenga visits Kenya to address the frozen $40 million in funds and reapply for operating licenses after a previous CBK blockade. Despite investigations clearing the company of money laundering, legal challenges persist as he seeks to restore operations in a key market.

Paystack took to Twitter to announce that it had received an operating license from the Central Bank of Kenya (CBK) enabling the Nigerian fintech to offer payment services to Kenyan companies. Paystack, which already operates in Nigeria, Ghana, and South Africa, is described as an innovative

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

Kenyan banks are advocating for an upgrade to the PesaLink system instead of a new fast payment system proposed by the Central Bank of Kenya. The current PesaLink has integration limitations, and banks seek to enhance it by involving more stakeholders for better functionality and faster implementations.

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

On April 8, according to CoinGecko data, over the past 24 hours, CEX trading volume reached 5.044 billion USD, a rise of 92.4% compared to the previous period. Among them, the XRP/KRW trading pair ranked first in the Korean won trading market with a trading volume share of 41.83%. The remaining Top 5 are: BTC, AERGO, CBK, ETH.

AERGO, Cobak (CBK), and LUCE cryptocurrencies are among the few cryptocurrencies that are on the rise as a majority of coins tumble as the crypto market bleeds following Trump’s ‘Liberation Day’ tariffs. While economic uncertainty grips global financial markets, these three digital assets, among

The CBK requires all digital credit providers to be licensed; 10 firms out of 288 received approval. Regulations stress ethical practices and restrict harmful behavior towards customers. Violations can lead to penalties. Poor lending practices, like high-interest rates and personal data abuse, prompted these stricter rules.

The CBK requires all digital credit providers to be licensed; 10 firms out of 288 received approval. Regulations stress ethical practices and restrict harmful behavior towards customers. Violations can lead to penalties. Poor lending practices, like high-interest rates and personal data abuse, prompted these stricter rules.

The Central Bank of Kenya has granted fresh licenses to 19 digital lending services, adding to the 32 that were announced in March 2023. Officially termed as Digital Credit Providers (DCPs), the move by CBK brings to 51 the total number of services under the regulatory regime. The bank commenced re

Paystack secures operating license from CBK, expanding to Kenya. The fintech offers fast account set up for payments and serves various organizations. Acquired by Stripe in 2020, Paystack aims to enhance online commerce in Africa.