Business

US Treasury admits terrorists love cash even more than ‘crypto’
-
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
-
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...
Developing grassroots innovation in the Philippines: A Digital Pilipinas Festival 2023 discussion
-
15 February, 2024

Developing grassroots innovation in the Philippines: A Digital Pilipinas Festival 2023 discussion

At the Digital Pilipinas Festival 2023, four foreign investors weighed the Philippines' attractiveness for foreign investments and what sets the...
Kenya’s IT industry rejects robotics and AI bill
-
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...
Google pledges $26 million for AI training initiative in Europe
-
14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...
Philippines eyes wholesale CBDC in 2 years; retail version out of the picture
-
14 February, 2024

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...
Advertisement