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Article by Steve Kaaru

MiCA’s treatment of systemic stablecoins is counterproductive for EU: report
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16 February, 2024

MiCA’s treatment of systemic stablecoins is counterproductive for EU: report

Under MiCA, a stablecoin is regarded as of systemic importance if it has over 10 million holders, has over €5...
Isle of Man weighs tougher digital asset regulations
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15 February, 2024

Isle of Man weighs tougher digital asset regulations

The island is considering including ‘crypto’ under the definition of investment, which would subject virtual asset service providers (VASPs) to...
Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
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15 February, 2024

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
China’s BTC miners flock to Ethiopia for cheap power, ideal climate
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15 February, 2024

China’s BTC miners flock to Ethiopia for cheap power, ideal climate

Ethiopia is close to completing the construction of Africa’s largest dam, making power cheaper than ever, and Chinese miners are...
Kenya’s IT industry rejects robotics and AI bill
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14 February, 2024

Kenya’s IT industry rejects robotics and AI bill

Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful...
Google pledges $26 million for AI training initiative in Europe
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14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...

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