Business

Last Week in Crypto: GENIUS Act fails; Meta’s stablecoin
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13 May, 2025

Last Week in Crypto: GENIUS Act fails; Meta’s stablecoin

In other news, the largest crypto acquisition to date occurred when Coinbase announced it had reached a deal to acquire...
GENIUS Act fails Senate vote amid controversy, security concerns
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13 May, 2025

GENIUS Act fails Senate vote amid controversy, security concerns

The GENIUS Act stablecoin bill only received 49 votes after some Democratic Senators withdrew their support.
$800M CBEX scam resumes operations in Nigeria despite crackdown
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13 May, 2025

$800M CBEX scam resumes operations in Nigeria despite crackdown

Sources say that CBEX is again allowing new users to register and deposit funds, but older users still can’t withdraw...
Kenya orders Worldcoin to cease biometric data collection
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13 May, 2025

Kenya orders Worldcoin to cease biometric data collection

Worldcoin was taken to court by two Kenyan advocacy groups, with the legal blow followed by suspension in Indonesia after...
UN stresses AI perils in journalism; Indonesia faces hurdles
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13 May, 2025

UN stresses AI perils in journalism; Indonesia faces hurdles

Commemorating World Press Freedom Day, Türk calls to safeguard journalism amid the rise of AI; meanwhile, Indonesia pushes for AI...
India-UK trade deal to boost telecom, emerging tech, innovation
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12 May, 2025

India-UK trade deal to boost telecom, emerging tech, innovation

The finalization of the India–U.K. Free Trade Agreement will reduce costs and simplify the exchange of goods and services between...
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