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Article by Steve Kaaru

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report
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21 February, 2024

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report

Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an...
UK’s digital pound faces trust concerns and political opposition
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19 February, 2024

UK’s digital pound faces trust concerns and political opposition

As the U.K. edges closer to a general election, the digital pound is becoming a contentious political issue amid mounting...
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
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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...
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...

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