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Article by Steve Kaaru

P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
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8 May, 2024

P2P digital currency ban looming in Nigeria as central bank halts fintech account opening

Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as...
Oklahoma joins Ohio, Mississippi in passing Blockchain Basics Act
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7 May, 2024

Oklahoma joins Ohio, Mississippi in passing Blockchain Basics Act

The new bill, which seeks to protect the residents’ right to mine, own, and trade digital currencies, is at advanced...
Amazon records largest quarterly operating profit, boosted by AI
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7 May, 2024

Amazon records largest quarterly operating profit, boosted by AI

Amazon recorded $143.3 billion in Q1 revenue, beating Wall Street estimates, with its focus on AI “reaccelerating” growth for AWS,...
Zimbabwe launches gold-backed ZiG notes and coins, but mistrust still high
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6 May, 2024

Zimbabwe launches gold-backed ZiG notes and coins, but mistrust still high

After launching digitally a month ago, the physical versions of the ZiG gold-backed currency have debuted, but many businesses are...
ChatGPT faces new rival AI model amid Austrian lawsuit for hallucinations
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3 May, 2024

ChatGPT faces new rival AI model amid Austrian lawsuit for hallucinations

An Austrian NGO accuses OpenAI of being unable to amend incorrect info on ChatGPT, which it says violates the EU’s...
BRICS still intent on a common currency, but the process is complex: Russia
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2 May, 2024

BRICS still intent on a common currency, but the process is complex: Russia

Russia’s Deputy Foreign Minister Sergei Ryabkov noted that the common currency process hadn’t been shelved but acknowledged that it has...

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