Coinbase Explores Blockchain Partnership With Kenya's Safaricom

Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government to foster blockchain development and education. While regulatory uncertainties have previously hindered Coinbase’s operations in Kenya, recent positive developments and partnerships with local entities like Yellowcard suggest a growing interest in cryptocurrencies and blockchain technology in the country.