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Business

Nigeria’s 10% digital asset tax gets mixed reactions
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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...
BIS explores blockchain to improve funding for MSMEs using digital trade tokens
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16 June, 2023

BIS explores blockchain to improve funding for MSMEs using digital trade tokens

Dubbed Project Dynamo, Bank for International Settlements sought to use digital trade tokens minted on public blockchains to broaden access...
Thailand begins retail CBDC pilot to assess digital baht feasibility
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16 June, 2023

Thailand begins retail CBDC pilot to assess digital baht feasibility

Bank of Thailand expects the total number of participants to reach around the 10,000 mark while viewing the CBDC project...
UK to receive priority access to AI models from Google and OpenAI
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16 June, 2023

UK to receive priority access to AI models from Google and OpenAI

In a speech at the London Tech Week, Prime Minister Rishi Sunak disclosed that the U.K. would not just be...
Atomic Wallet hack sees North Korea’s Lazarus Group pocketing $100M: report
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15 June, 2023

Atomic Wallet hack sees North Korea’s Lazarus Group pocketing $100M: report

Atomic Wallet was hacked earlier this month in an attack it claimed only affected 1% of users, and Elliptic reports...
Banq files for bankruptcy as Prime Trust’s struggles spread
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15 June, 2023

Banq files for bankruptcy as Prime Trust’s struggles spread

Nevada-based 'crypto-friendly' payment processor Banq Inc's Chapter 11 bankruptcy filing lists around $18 million worth of assets, nearly all of...
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