UN to Train Governments in Blockchain and AI The United Nations (UN) is taking a groundbreaking step towards empowering governments worldwide by providing training in blockchain and artificial intelligence (AI). This initiative aims to equip government officials with the knowledge and skills necessary to leverage these cutting-edge technologies effectively in various sectors, including digital IDs, […]
ECB outlines plans for resilient digital euro
ECB Outlines Plans for a Resilient Digital Euro The European Central Bank (ECB) has recently unveiled its ambitious plans for a digital euro, a move aimed at bolstering Europe’s payment system resilience in the ever-changing financial landscape. The digital euro is not only set to revolutionize the way transactions are conducted but also to ensure […]
EU speeds up digital euro plans after US stablecoin law
EU Accelerates Plans for Digital Euro in Response to US Stablecoin Law The European Union is ramping up its efforts to launch a digital euro sooner than expected, spurred by the recent developments in the United States regarding stablecoins. With officials in Brussels re-examining blockchain options, including Ethereum and Solana, the aim is to ensure […]
Qatar pushes for global alignment on tokenisation rules
Qatar Advocates for Worldwide Consensus on Tokenisation Regulations In the realm of finance and digital assets, Qatar is making significant strides towards advocating for global alignment on tokenisation rules. A recent report from the Qatar Financial Centre (QFC) has underscored the importance of regulatory harmonization on a global scale, emphasizing the potential of tokenisation to […]
Global interest in stablecoins surges amid market growth
Global Interest in Stablecoins Surges Amid Market Growth Stablecoins have been making waves in the world of digital finance as global interest in these cryptocurrencies continues to surge. With experts viewing stablecoins as a key tool for onboarding billions of individuals into the realm of digital finance, it’s no surprise that these innovative digital assets […]
Coinbase sees stablecoins as the future of AI payments
Stablecoins and Self-Custodial Wallets: The Future of AI Payments In the realm of digital payments, innovation is the name of the game. Companies are constantly seeking ways to make transactions more efficient, secure, and accessible to all. One such company that is leading the charge in this arena is Coinbase, a prominent player in the […]
Nigeria opens door to stablecoin businesses
Nigeria Embraces Stablecoins: A Gateway to the Future of Cryptocurrency Nigeria, known for its fast-growing interest in the cryptocurrency market, is now setting the stage for a new player in the game – stablecoins. These digital assets, pegged to stable underlying assets like fiat currencies, are gaining traction globally as a reliable alternative to the […]
LEO becomes Africa’s first AI chatbot to enable remittances
LEO: Africa’s First AI Chatbot Revolutionizing Remittances In a groundbreaking move, LEO has emerged as Africa’s pioneering AI chatbot facilitating remittances within the continent. The innovative feature leverages the power of the Pan-African Payment and Settlement System (PAPSS) to streamline intra-African transactions, marking a significant milestone in the realm of financial technology. Remittances play a […]
South Korea pauses central bank digital currency project
South Korea Pauses Central Bank Digital Currency Project South Korea has made waves in the world of finance with its ambitious plans to launch a central bank digital currency (CBDC). However, concerns over costs and unclear commercial plans have prompted the Bank of Korea to reconsider its groundbreaking project. The Bank of Korea had been […]
Stablecoins surpass Visa and Mastercard in online transaction volume
Stablecoins Surpass Visa and Mastercard in Online Transaction Volume In the ever-evolving landscape of digital transactions, stablecoins have emerged as a game-changer, surpassing traditional giants like Visa and Mastercard in online transaction volume. This shift signals a significant turning point in the way we perceive and conduct digital payments, with major platforms such as PayPal […]