African Nation Partners with US Giant for Bitcoin (BTC) Consultancy Services

• Kenya is set to receive consultation from the United States’ largest mining company, Marathon Digital Holdings, on cryptocurrency policies.
• Kenyan President William Ruto announced that Marathon Digital has been invited to advise the National Treasury and Ministry of Energy on cryptocurrency regulations.
• This move comes after years of warnings from the Central Bank of Kenya (CBK) about the risks of cryptocurrency and its potential misuse in money laundering and terrorist financing.

Kenya seeks advice from Marathon Digital Holdings, the largest US mining company, on cryptocurrency policies amid concerns over potential misuse in illicit activities.

Marathon Digital to Advise Kenya on Cryptocurrency Policies

Kenyan President William Ruto recently announced that Marathon Digital Holdings, the largest mining company in the United States, has been invited to advise the National Treasury and Ministry of Energy on cryptocurrency regulations. This decision comes as Kenya grapples with the growing influence of cryptocurrencies and their potential risks.