Business

UK pledges $126M for AI research and training
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8 February, 2024

UK pledges $126M for AI research and training

The £100 million funding will go toward upskilling workers for the AI era, launching nine new AI hubs, and training...
MUFG pilot program with Ginco aims to explore new stablecoin use case
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8 February, 2024

MUFG pilot program with Ginco aims to explore new stablecoin use case

Japan's MUFG and Ginco have embarked on a new pilot program centered on building a new stablecoin solution that targets...
South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam
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7 February, 2024

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

Elsewhere, Hong Kong’s Treasury has proposed bringing OTC venues under the city’s regulations, arguing that they have been used to...
AI innovation in the Middle East can match EU, North America, analysts say
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7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...
Nigeria’s Zone to launch blockchain remittances in 2025
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7 February, 2024

Nigeria’s Zone to launch blockchain remittances in 2025

Rebranded from Appzone and formerly a software firm, Zone now processes blockchain payments and facilitated over $360 million for Nigerian...
Abuja’s Bureau De Change operators shut down, blame P2P digital asset market
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6 February, 2024

Abuja’s Bureau De Change operators shut down, blame P2P digital asset market

Nigeria’s digital asset community has dismissed the unfounded claims, noting that Bureau De Change operators rely on physical foreign currencies...