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Beleaguered Libyan Central Bank Governor Flees Armed Militia
4.9.2024
Libya’s central bank governor, Sadiq al-Kabir, has fled the country due to threats and intimidation from armed militias. He claims that these actions are aimed at forcing him and other bank staff to return to work and comply with the interim Prime Minister’s attempts to replace him....
Payments in National Currencies Surge to 92% Among SCO Members
1.9.2024
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran...
Hate speech and deepfakes threaten democracy and peace — UN secretary general
30.8.2024
The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.”
UN declares AI key focus for International Day of Democracy
30.8.2024
The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.”
40 Nations Join US and South Korea in Combating North Korean Crypto Crimes
29.8.2024
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb...
US, African Nations Discuss Responsible AI Use in Military Applications
24.8.2024
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for countries to agree on AI guidelines that align with international laws. Concerns about...
The Best Ways To Upgrade Soh In Kunitsu-Gami: Path Of The Goddess
12.8.2024
Your first few hours in Kunitsu-Gami: Path of the Goddess will be spent finding the balance between commanding villagers and controlling Soh, the masked guard to Maiden Yoshiro, to personally fight the evil spirits known as the Seethe. Upgrading villagers with new skills and buffs is a necessity...
Trump floats paying off $35T national debt using Bitcoin
3.8.2024
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation
Stablecoin adoption greater risk for developing nations
26.7.2024
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
8.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal) bitcoin mining operators, and how this might make...
United Nations, ICP launch digital credentials pilot in Cambodia
3.7.2024
The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem
United Nations Development Programme (UNDP) Partners with the DFINITY Foundation to enhance financial inclusion of MSMEs
3.7.2024
The United Nations Development Programme (UNDP) is pleased to announce a new partnership with the DFINITY Foundation, which will leverage the Internet Computer Blockchain technology to further develop and implement the Universal Trusted Credentials (UTC) initiative. This collaboration underscores...
Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
1.7.2024
BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts
Central Bank of Bolivia Unbans Bitcoin From the Nation’s Financial Ecosystem
28.6.2024
The Central Bank of Bolivia has lifted a blanket ban on using bitcoin and other cryptocurrencies in the national financial system, opening the doors for integrating exchanges and other crypto service providers into its economy. The institution derogated a 2020 resolution prohibiting financial...
FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market
24.5.2024
The FIT21 approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber of Progress.
The post FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market...
Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024
22.5.2024
The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.
The post Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024 appeared first on Cryptonews
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
19.5.2024
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric...
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
10.5.2024
The International Monetary Fund (IMF) has recommended Nigeria regulate crypto trading platforms, a new staff report by the United Nations’ financial agency released Thursday states. The country has been under increased international scrutiny for the detainment of two Binance executives after...
Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
6.5.2024
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan...
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
2.5.2024
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing...