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author

Article by Steve Kaaru

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
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15 February, 2024

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
China’s BTC miners flock to Ethiopia for cheap power, ideal climate
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15 February, 2024

China’s BTC miners flock to Ethiopia for cheap power, ideal climate

Ethiopia is close to completing the construction of Africa’s largest dam, making power cheaper than ever, and Chinese miners are...
Kenya’s IT industry rejects robotics and AI bill
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14 February, 2024

Kenya’s IT industry rejects robotics and AI bill

Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful...
Google pledges $26 million for AI training initiative in Europe
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14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...
Defining a single source of truth with triple entry accounting: UNISOT’s Torje Sunde on CoinGeek Backstage
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13 February, 2024

Defining a single source of truth with triple entry accounting: UNISOT’s Torje Sunde on CoinGeek Backstage

Torje Sunde talked to CoinGeek Backstage about a paper he co-authored with Dr. Craig Wright that combines public blockchains with...
South Africa edging closer to issuing VASP licenses: FSCA official
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13 February, 2024

South Africa edging closer to issuing VASP licenses: FSCA official

FSCA announced in 2023 that all VASPs in the country would be required to apply for a license as part...
Happy Lunar New Year! 2023 is the Year of the Dragon—time for Bitcoin’s tenacity
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11 February, 2024

Happy Lunar New Year! 2023 is the Year of the Dragon—time for Bitcoin’s tenacity

It’s the Lunar New Year, and as we embark on the Year of the Dragon, let’s exude the tenacity, strength,...
Utilizing triple entry accounting in auditing, Hollywood: CoinGeek Backstage
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9 February, 2024

Utilizing triple entry accounting in auditing, Hollywood: CoinGeek Backstage

At the Triple Entry Accounting Conference in Malta, speakers including Blockchain Smart Solutions’ Dr. Eva Porras break down how triple...
IBM warns of AI-powered audio-jacking in live calls
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9 February, 2024

IBM warns of AI-powered audio-jacking in live calls

IBM researchers say that with generative AI, it has become “scarily easy” to intercept live calls and relay the malicious...
Hong Kong to VASPs: Secure license by February 29 or face shutdown
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9 February, 2024

Hong Kong to VASPs: Secure license by February 29 or face shutdown

As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of...
South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
South Dakota joins Florida, Indiana in passing anti-CBDC bill
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8 February, 2024

South Dakota joins Florida, Indiana in passing anti-CBDC bill

South Dakota’s state Senate passed the bill recently, barring a digital dollar from being defined as money in its UCC,...

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