Palau to build its first bond issuance platform on blockchain
Japanese firm Soramitsu has been tapped to build the platform, with Japan’s government offering strategy and project management to Palau, according to a Nikkei report.
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Trump’s VP pick JD Vance has ‘crypto’ bros cracking their wallets and licking their chops
Crypto bros rejoiced when Trump named Sen. J.D. Vance as his VP running mate, given the senator's pro-crypto history, his listing of over $100K in BTC holdings, and dislike of SEC's Gary Gensler.
Swedish central bank concludes proof of work blockchains are unacceptable
In its report, Sweden's Riksbank sees a semi-centralized blockchain for its CBDC as the most optimal model over a fully decentralized network, citing that the latter can be a waste of energy.
PH central bank cautions public on AI-driven digital scams, denies endorsement of ‘Tesler Code’ investment
In response to false claims circulating online, the Philippine central bank has clarified that Governor Eli Remolona, Jr. does not endorse the purported "Tesler Code" project or any other similar investment.
Amazon refines AI offerings to keep pace with industry rivals
Amazon’s latest improvements to its AI offerings are reportedly fine-tuned for enterprise scenarios as well as reducing hallucinations.
Nigerians demand clear digital asset regulations
Industry leaders, startup founders and the country’s Minister of Finance have joined calls for the country’s securities regulator to issue a clear policy framework for the sector.
Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom
Just a week after TSMC’s ADR shares on the NYSE hit $1 trillion for the first time, the company is expected to announce a 30% surge in net profits.
South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
The FSCA has now licensed 138 VASPs from an initial 383 applications, and the FATF has warned that 97% of Africa struggles with digital currency-related compliance.
EU, UK regulators launch consultations on digital asset data reporting and wallets
The call for information is open until September 13; after that, the regulators will analyze all responses received and provide an update by Q1 2025.
From street vendors to large stores, Indian merchants adopt digital payments: survey
India is seeing a spike in the adoption of digital payments among merchants operating small stores and consumers paying items valued over $6, but the rise in fraud may hamper this development.
Zetly case study
Zetly is making a real difference in shaping the future of sports and entertainment through its technological and strategic efforts to integrate blockchain, NFTs, and other emerging technologies.
Germany’s DekaBank issues digital bond in ECB’s wholesale digital euro trial
DekaBank issued the ‘crypto’ security on its SWIAT blockchain infrastructure, with the buyer—Metzler Bank—making the payment in the wholesale digital euro.
Apple opens NFC tap-and-go payments tech to third parties in EU
The company had restricted its NFC features on its iPhones to Apple Pay users, but European Union regulators have broken the monopoly with threats of a $40 billion fine.
COPIED Act proposed in US to protect content creators
The COPIED Act would require AI content to come with watermarks and prohibit AI companies from using content with provenance info in training AI models.
Craig Wright barred from further Satoshi lawsuits
The judgment contained rulings on several injunctions that were requested by the Crypto Open Patent Alliance (COPA) following their victory in March’s blockbuster Satoshi identity trial.
Decentralization a spectrum, regulation a necessity: Responses to France’s DeFi discussion paper
The AMF received 34 responses from various players in the DeFi ecosystem, centralized players from the digital asset sector and traditional finance around the world.
Israel postpones CBDC launch
After successful pilots and collaboration with the Bank of International Settlements, BOI Deputy Governor Andrew Abir said it was waiting for a major Western central bank to launch before implementing Israel's CBDC.
India’s NPCI, QNB Group to introduce UPI payments in Qatar
Utilizing UPI payments in Qatar through the QNB merchant network is expected to significantly benefit Indian tourists visiting the country.
US legislator urges Congress to declare Binance exec ‘hostage’ of Nigerian government
Rep. Rich McCormick demanded that Nigeria release Tigran Gambaryan immediately or risk hostile relations, even as a local court postponed his trial to October.
META region’s AI spending may climb to $7B by 2026: report
Data released by the IDC shows that the projected AI spending of up to $7 billion would be driven by the META region's intent to improve workplace productivity and efficiency among enterprises.