Kenyan Cabinet Secretary William Kabogo Voices Support for the KDT Project on X

Foresight News reports that Kenya's Minister of Information and Communication Technology, William Kabogo, has announced on X the launch of the national digital token KenyaNDT (KDT). He stated that the token is deployed on the Solana blockchain, making it the first "national-level digital asset" in sub-Saharan Africa.

Kabogo noted that Kenya is formulating a national virtual asset policy and a draft bill for Virtual Asset Service Providers (VASP) to establish a more regulated digital asset oversight framework. He also revealed that Kenyan citizens are currently transacting over $500 million in digital assets each month, reflecting a high level of public engagement in the sector.