February 3, 2026
The cryptocurrency boom in Kenya has opened doors to financial innovation, but it’s also attracted fraudsters preying on unsuspecting investors.
Kenya, dubbed the “Silicon Savannah”, is a hotspot for cryptocurrency adoption, driven by 85% smartphone penetration and widespread mobile money
In Kenya, the cryptocurrency boom is undeniable. With over 560 million crypto owners globally and a projected market size of
Kenya ranks among the top 20 countries globally for peer-to-peer (P2P) crypto trading, with platforms like M-Pesa fuelling seamless transactions.
Cryptocurrency in Kenya is booming, with over 6 million Kenyans holding digital assets like Bitcoin and Ethereum, representing 2.3% of
Cryptocurrency is taking Kenya by storm, with over 8.5% of Kenyans owning digital currencies like Bitcoin, according to Chainalysis 2023.