Business

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...
UAE’s blockchain ambitions will improve trade finance for SMEs
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16 February, 2024

UAE’s blockchain ambitions will improve trade finance for SMEs

Currently, SMEs in the United Arab Emirates face a challenging task in securing trade finance, underscored by several issues like...
AI for ‘smart rainforest’? Australian charity looking into tech to protect Daintree Rainforest
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16 February, 2024

AI for ‘smart rainforest’? Australian charity looking into tech to protect Daintree Rainforest

ClimateForce plans involve using NTT Group's AI-based Smart Management Platform to act on data obtained from the Daintree Rainforest.
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...
US Treasury admits terrorists love cash even more than ‘crypto’
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15 February, 2024

US Treasury admits terrorists love cash even more than ‘crypto’

The House of Representatives Financial Services Committee held its annual hearing of the Treasury's FinCEN and the Office of Terrorism...
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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