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Article by Steve Kaaru

Africa can use blockchain, AI to curb illicit finance: Nigeria’s anti-graft chief
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5 July, 2024

Africa can use blockchain, AI to curb illicit finance: Nigeria’s anti-graft chief

The EFCC chair noted that Africa loses $89 billion annually to illicit finance and that AI, data analytics, and blockchain...
IMF: Singapore, Denmark, US most prepared for AI
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5 July, 2024

IMF: Singapore, Denmark, US most prepared for AI

The IMF has released its AI Preparedness Index, which assesses 174 countries and how ready their economies are for the...
Germany losing out in AI race,  KfW bank says
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4 July, 2024

Germany losing out in AI race, KfW bank says

Despite being Europe’s largest economy and having decades’ worth of AI research, Germany is a net importer of AI products...
BIS: Central banks must raise their game to keep pace with AI
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4 July, 2024

BIS: Central banks must raise their game to keep pace with AI

The Bank for International Settlements is urging central banks to keep up with rapid developments in artificial intelligence, which it...
What can Africa learn from the EU’s MiCA framework?
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3 July, 2024

What can Africa learn from the EU’s MiCA framework?

Some experts say Africa should formulate its own MiCA-like framework for the digital currency sector, but its implementation might be...
Rwanda pushes for safe and responsible AI development
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2 July, 2024

Rwanda pushes for safe and responsible AI development

Rwanda’s ICT Ministry has developed a national AI policy and opened an AI office that guides local firms and interprets...
Louisiana passes Blockchain Basics Act, banning CBDC and protecting miners
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1 July, 2024

Louisiana passes Blockchain Basics Act, banning CBDC and protecting miners

Louisiana has joined Ohio and Mississippi in passing the law that also protects the right to self-custody and guarantees the...
AI will be 10,000 times smarter than humans in 10 years: SoftBank CEO
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29 June, 2024

AI will be 10,000 times smarter than humans in 10 years: SoftBank CEO

Masayoshi Son says that SoftBank’s goal and his purpose in life are to usher in the era of artificial superintelligence,...
Japan’s 3 largest banks to partner on blockchain-powered digital identity
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27 June, 2024

Japan’s 3 largest banks to partner on blockchain-powered digital identity

Mizuho, MUFG and SMBC are working on a new digital identity solution stored on users’ devices and secured by blockchain...
Tencent to participate in mBridge MVP
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27 June, 2024

Tencent to participate in mBridge MVP

Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
Apple won’t launch AI features in Europe this year, cites complex EU rules
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26 June, 2024

Apple won’t launch AI features in Europe this year, cites complex EU rules

The new Digital Markets Act will deny EU iPhone users the new Apple Intelligence AI features, according to Apple, although...
Spain’s BBVA to launch digital bank in Germany by 2025
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26 June, 2024

Spain’s BBVA to launch digital bank in Germany by 2025

BBVA has expanded aggressively in Italy, where it now has 500,000 clients on its digital banking platform, and it plans...

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