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Article by Steve Kaaru

Nigeria, US to partner on AI, digital economy
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25 April, 2024

Nigeria, US to partner on AI, digital economy

The United States government pledged to work with Nigeria to boost AI development, starting with a conference in two weeks...
Canada to enforce new ‘crypto’ tax guidelines by 2026
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25 April, 2024

Canada to enforce new ‘crypto’ tax guidelines by 2026

Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take...
Germany’s central bank partners with MIT on digital euro privacy research
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24 April, 2024

Germany’s central bank partners with MIT on digital euro privacy research

Germany is MIT’s fourth central bank partner in a study that will focus on the digital euro, although Bundesbank has...
TSMC rides AI wave to $18.9 billion Q1 revenue
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24 April, 2024

TSMC rides AI wave to $18.9 billion Q1 revenue

TSMC, which accounts for two-thirds of global foundry revenue, beat analyst projections but warned semiconductor growth will slow down this...
New Zealand kicks off 100-day CBDC public consultation
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23 April, 2024

New Zealand kicks off 100-day CBDC public consultation

The Reserve Bank of New Zealand launched its first consultation in 2021, which focuses on principles and design options for...
Digital shekel will compete with banks for deposits, payments: Bank of Israel
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22 April, 2024

Digital shekel will compete with banks for deposits, payments: Bank of Israel

A digital shekel will force commercial lenders to up their game and offer better and cheaper services, according to the...
South Africa issues digital currency licenses to Luno, VALR
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20 April, 2024

South Africa issues digital currency licenses to Luno, VALR

The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
HSBC CEO backs tokenization, shuns ‘crypto’
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19 April, 2024

HSBC CEO backs tokenization, shuns ‘crypto’

CEO Noel Quinn says he’s “very comfortable with tokenization” and pledged to keep expanding HSBC’s offerings, which include tokenized gold...
Nigerian police locate Binance exec in Kenya, but extradition might take years
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18 April, 2024

Nigerian police locate Binance exec in Kenya, but extradition might take years

Nigerian authorities have confirmed that Nadeem Anjarwalla, who escaped detention, is in Nairobi, but the East African nation says extradition...
Study shows Australians value privacy over safety with CBDC
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18 April, 2024

Study shows Australians value privacy over safety with CBDC

A recent study found that Australians trust commercial banks as much as the central bank but are willing to pay...
Hong Kong still weighing whether retail CBDC benefits outweigh the risks
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18 April, 2024

Hong Kong still weighing whether retail CBDC benefits outweigh the risks

The HKMA chief executive says the central bank is still determining whether there is a real need for a retail...
PayPal removes user protection for NFT transactions
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17 April, 2024

PayPal removes user protection for NFT transactions

PayPal has withdrawn its protection for NFTs exceeding $10,000; those under $10,000 will be covered unless the buyer claims it’s...

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