After millions were lost to digital asset crime, Kenya is investing in blockchain surveillance that allows regulators to monitor transactions before fraud escalates. The move signals a broader evolution in proactive crypto regulation across Africa.
Kenya’s Ethics and Anti-Corruption Commission is fighting back against modern financial crime by retooling its entire operation. At a recent regional conference in Djibouti, the agency revealed that the ongoing EACC digital transformation has already automated 58% of its processes. By leveraging AI, blockchain tracing, and the new VASP Act, the commission is moving beyond paper files to track the digital footprint of corruption.
Nigeria is declaring war on crypto fraud. The EFCC just sentenced two Chinese nationals to prison following a massive crackdown that netted 800 arrests and dismantled a 792-member international crime syndicate. As Africa’s largest Web3 ecosystem grapples with a 45% surge in financial fraud, the message is clear: bad actors face swift justice as Nigeria strengthens its digital asset regulation under mounting pressure from the IMF and FATF.
