INSIDE THE BITCOIN REVOLUTION IN AFRICA'S LARGEST SLUM - YouTube Deep in Africa's Largest slum, Kibera, more and more Kenyans are using Bitcoin as money. Why is this? I spent a day spending Bitcoin and chatting to merchants in one of Africa’s densest informal settlements. No ID. No bank. Just bitcoin. This is real-world use: recycling-for-sats, food stalls, boda rides, and a grassroots circular economy led by locals.
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US Government To Bring PATRIOT Act to Digital Assets As such, the rule would deem the following software and behaviors a primary money laundering concern, meaning that such transactions would end up blocked by centralized intermediaries, and could put an end to the development of privacy software even for non-custodial wallets under the threat of criminal liabilities. These include: - pooling or aggregating [cryptocurrency] from multiple persons, wallets, addresses, or accounts - using programmatic or algorithmic code to coordinate, manage, or manipulate the structure of a transaction - splitting [cryptocurrency] for transmittal and transmitting the [cryptocurrency] - creating and using single-use wallets, addresses, or accounts, and sending [cryptocurrency] through such wallets, addresses, or accounts through a series of independent transactions - exchanging between types of [cryptocurrency] or other digital assets - facilitating user-initiated delays in transactional activity