Business

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say
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2 February, 2024

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say

Nigeria’s SEC published licensing guidelines for VASPs in 2022 requiring N500 million ($525,000) paid-up capital, which stakeholders say is unrealistic...
Ripple hack: What really happened?
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2 February, 2024

Ripple hack: What really happened?

Ripple's Chris Larsen shared on X that his personal wallets had been hacked and funds had been stolen, saying that...
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...
Digital yuan trials included in 5-year modernization plan for Shanghai district
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2 February, 2024

Digital yuan trials included in 5-year modernization plan for Shanghai district

Chinese authorities have confirmed a modernization plan for Shanghai's Pudong New Area, focusing on establishing a new commercial hub and...
India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’
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1 February, 2024

India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’

Nirmala Sitharaman remained silent on requests to lower taxes as she presented the Budget 2024-25 on February 1, while India's...
Biden administration meets 90-day artificial intelligence milestones
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1 February, 2024

Biden administration meets 90-day artificial intelligence milestones

Biden Administration's executive order has reached its deadline, and the White House has reported that each department was able to...
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