Article by Steve Kaaru
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18 February, 2024
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew...
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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...
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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...
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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...
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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...
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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...
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