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Business

Indonesia’s vice-presidential bet seeks to arm youth with digital skills
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3 January, 2024

Indonesia’s vice-presidential bet seeks to arm youth with digital skills

Gibran Rakabuming Raka pledges to prioritize digital upskilling should he win the 2024 general elections, laying out a blueprint focused...
Central Bank of Nigeria reverses ban on digital currency transactions
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2 January, 2024

Central Bank of Nigeria reverses ban on digital currency transactions

With the evolving trends globally, Nigeria has decided to loosen its grip on the digital asset class under its latest...
India turns to AI for weather forecasts amid climate change
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2 January, 2024

India turns to AI for weather forecasts amid climate change

As the world battles the extreme effects of climate change, India turns to AI to accurately predict weather changes, with...
AI predictions for 2024
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2 January, 2024

AI predictions for 2024

2023 was a landmark year for AI innovation, and similarly, the innovations and events of the past year have set...
The economics and incentives behind Bitcoin mining—new ebook makes it easy to understand
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2 January, 2024

The economics and incentives behind Bitcoin mining—new ebook makes it easy to understand

In this latest ebook, authors Bryan Daugherty, Greg Ward, and Kurt Wuckert Jr. delve into the economics of Bitcoin mining,...
New York Times takes OpenAI, Microsoft to court over copyright infringement
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2 January, 2024

New York Times takes OpenAI, Microsoft to court over copyright infringement

The lawsuit against OpenAI and Microsoft could either lead to a surge in legal cases involving generative AI tools or...
India targets ‘offshore’ exchanges; China takes aim at Tether conversions
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2 January, 2024

India targets ‘offshore’ exchanges; China takes aim at Tether conversions

India's FIU issued 'compliance show cause' orders to nine digital asset exchanges alleging them of "operating illegally without complying" with...
Is Bitcoin decentralized?
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2 January, 2024

Is Bitcoin decentralized?

While BTC has a higher hash rate that makes it more secure to a hash attack, it does not equate...
Philippine central bank extends ban on new e-money license applications
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2 January, 2024

Philippine central bank extends ban on new e-money license applications

To modify the e-money industry, the Philippine central bank laid out an exemption for EMI-NBFI entrants after a decision was...
Generative AI may inject $1.5T to India’s economy by 2030: report
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31 December, 2023

Generative AI may inject $1.5T to India’s economy by 2030: report

India's GDP could grow to $1.5 trillion by 2030, thanks to the massive potential of generative AI, but an EY...
Norway’s fifth round of CBDC trials focuses on wholesale aspects
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31 December, 2023

Norway’s fifth round of CBDC trials focuses on wholesale aspects

In a 20-page report, the Norges Bank said the likelihood of conducting retail central bank digital currency experiments could be...
Pakistan adopts blockchain KYC platform for financial institutions
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31 December, 2023

Pakistan adopts blockchain KYC platform for financial institutions

Pakistan's central bank has approved blockchain KYC for banks, boosting security and efficiency with privacy measures, uniformity, cost savings, and...