Kenya has teamed up with Marathon Digital, a U.S.-based company, as announced by President William Ruto during the recent AMCHAM Business Summit.

This partnership aims to enhance Kenya's regulatory framework for crypto and address the energy demands associated with crypto mining.

President Ruto highlighted Marathon Digital's pivotal role in crafting crypto regulations and managing energy needs, signaling a strategic move towards embracing the digital currency revolution.

This collaboration follows Kenya's recent regulatory steps, including the passage of the Capital Markets Bill and the development of regulations for virtual assets and their managers.

By leveraging Marathon Digital's expertise in large-scale mining operations, Kenya aims to refine its crypto policies and energy management, positioning itself strategically in the global crypto market while balancing innovation with regulatory needs.