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Finance & Markets

Kenya overtakes Ethiopia to become Africa’s third-largest crypto economy

Kenya has overtaken Ethiopia to become Africa’s third-largest cryptocurrency economy after recording Ksh740 billion ($5.7 billion) in digital currency transactions in the year to June 2026, according to blockchain analytics firm Chainalysis. The latest figures represent a 38 per cent increase from Ksh505 billion ($3.89 billion) recorded in the preceding 12-month period, highlighting the growing…

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

Read the original at peopledaily.digital →

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Membrane Adds Sovereign Digital Bond to Institutional Lending Platform

Membrane Labs and M1X Global announced on November 10 that they have integrated USDM1, a blockchain-native sovereign bond issued by the Republic of the Marshall Islands, into Membrane's institutional…

  • Membrane Labs and M1X Global integrate USDM1 sovereign bond into lending platform.
  • USDM1 is blockchain-issued dollar-denominated bond secured by U.S. Treasuries.
  • Integration enables institutions to use USDM1 in bilateral lending and repo transactions.

More from Tuesday 10 November →