Kenyan payment app Tando launches BTC transfers via phone number

Kenyan mobile payment app Tando has launched a new service based on the Lightning Network that allows users to send Bitcoin (BTC) using just a mobile phone number, CoinDesk reported. The recipient then receives the funds in Kenyan Shillings (KES) directly into their mobile money account. The service enables transfers from anywhere in the world, and recipients do not need a cryptocurrency wallet or to undergo know-your-customer (KYC) verification. Funds are deposited into existing accounts like M-PESA.