Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move is in line with Coinbase’s broader strategy to drive cryptocurrency adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government to promote blockchain development and education. While regulatory uncertainties have previously hampered Coinbase’s operations in Kenya, recent positive developments and partnerships with local entities such as Yellowcard suggest a growing interest in cryptocurrencies and blockchain technology in the country.
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