Marathon Digital, a prominent crypto miner, is holding discussions with the Kenyan government regarding the nation's cryptocurrency regulations and the energy requirements for crypto mining.

Kenyan President William Ruto announced the talks during an American business summit attended by U.S. Commerce Secretary Gina Raimondo.

Marathon has been invited to consult with Kenya's National Treasury and Ministry of Energy, signaling potential collaboration between the U.S. and East Africa in trade and investment.

Kenya, previously sceptical of cryptocurrencies, began regulatory efforts in 2022, and the government is currently considering a bill to tax and regulate crypto while seeking input from industry stakeholders like the Blockchain Association of Kenya.