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author

Article by Steve Kaaru

FSB pushing forward with coordinated digital asset regulatory approach
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1 March, 2024

FSB pushing forward with coordinated digital asset regulatory approach

In a letter to finance ministers from the G20 countries ahead of the São Paulo meeting, the chairman of the...
IMF recommends CBDCs, stablecoins for Pacific Island nations, attacks ‘unbacked crypto’
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29 February, 2024

IMF recommends CBDCs, stablecoins for Pacific Island nations, attacks ‘unbacked crypto’

The needs of Pacific Island nations are diverse, and those with national currencies can try CBDCs while those without can...
Google suspends AI image generator after ’embarrassing’ results
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28 February, 2024

Google suspends AI image generator after ’embarrassing’ results

Google has suspended its AI image generator on Gemini after it produced controversially inaccurate images in its attempt to recognize...
South Africa to explore stablecoins for digital payments
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28 February, 2024

South Africa to explore stablecoins for digital payments

In its new budget proposal, South Africa pledged to explore stablecoins, blockchain, and the tokenization of real-world assets over the...
Thai SEC wants to revoke Zipmex license
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27 February, 2024

Thai SEC wants to revoke Zipmex license

The Thai securities regulator wrote to the finance minister proposing that he revoke the Zipmex license over its failure to...
Binance banned in Nigeria over ‘sophisticated heist’ against the economy: report
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27 February, 2024

Binance banned in Nigeria over ‘sophisticated heist’ against the economy: report

The Nigerian ‘crypto’ market is in uproar after government officials banned exchanges like Coinbase and Binance over their alleged “sophisticated...
Argentina rushes to regulate digital assets as FATF evaluation looms
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27 February, 2024

Argentina rushes to regulate digital assets as FATF evaluation looms

Reports say that President Milei will issue an emergency decree to bring all ‘crypto’ activity under regulatory oversight before FATF’s...
Kenya forms ‘crypto’ working group after addition to the FATF grey list
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26 February, 2024

Kenya forms ‘crypto’ working group after addition to the FATF grey list

Kenya joins neighbors Tanzania and Sudan and regional heavyweights South Africa and Nigeria on the grey list, with digital assets...
EU’s new AML watchdog to be based in Frankfurt
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26 February, 2024

EU’s new AML watchdog to be based in Frankfurt

Frankfurt beat bids from Madrid, Paris, Rome, and five other cities to host AMLA, a new 400-member agency whose anti-money...
Apple’s new security protocol protects against quantum computing attacks
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25 February, 2024

Apple’s new security protocol protects against quantum computing attacks

With the upcoming release of iOS 17.4, Apple says its iMessage users will be guaranteed protection against futuristic attacks from...
Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets
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25 February, 2024

Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets

Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot...
Citibank explores tokenization of private equity funds
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24 February, 2024

Citibank explores tokenization of private equity funds

Citibank’s proof of concept proved it’s possible to issue tokenized versions of private equity funds and remain compliant and compatible...

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