Kenya to regulate the crypto market
- Kenyan government forms a team to regulate the crypto market due to concerns about scams and dodgy investments
- Employers in Nigeria and other African countries need to be more accepting and supportive of employees with side hustles
- Nigerian startup Thepeer shuts down after struggling with user acquisition and regulations, investors demand an audit
The regulation of the crypto market in Kenya is a necessary step to protect individuals from online scams and ensure the integrity of financial transactions. Employers should embrace the idea of side hustles and find ways to support their employees' entrepreneurial endeavors. The shutdown of Thepeer highlights the challenges faced by startups in navigating regulatory hurdles and attracting users. The increase in service fees by Ghana's National Identification Authority may be seen as a necessary measure to improve the quality and accessibility of identification services.
