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Harvard Business Review: Alchemy Pay, Crypto Payment Ecosystem Pioneer
17.5.2023
Introduction. When we discuss the future of the digital economy and real life in the next generation of the Internet, we are inevitably talking about Web 3.0. The future is unknown, but we have seen some tech companies already exploring and deepening on their tracks, such as Alchemy Pay, mentioned...
Synopsis Summit Comes to Istanbul on October 5–6, 2023
10.5.2023
PRESS RELEASE. The international web3 summit Synopsis announced that its 6th edition will be held offline in Istanbul on October 5–6, 2023. Synopsis Istanbul is devoted to all things digital economy and web3. It suits seasoned industry professionals, newcomers, projects willing to broaden their...
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...
Finance Chief backs Hong Kong’s investment in Web3 digital economy
10.4.2023
Web3 is the decentralized internet that may shortly be implemented globally. Despite the fact that the timeline is unspecified and the concept is largely speculative, several regions support it with the conviction that it will support the forthcoming infrastructure. Hong Kong is anticipated to...
Report: Crypto Exchange Binance in New Partnership that Seeks to Deepen Crypto Adoption in Africa
10.4.2023
In what has been described as a collaboration that will deepen crypto adoption, the cryptocurrency exchange Binance recently said it partnered with the African video streaming service Showmax. Binance users that enroll to become active in Web3 will be rewarded with a month-long video streaming...
Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge
21.3.2023
Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute...
Swiss Bankers Association proposes deposit tokens to develop digital economy
16.3.2023
The deposit token is a concept that came out of Singapore’s Project Guardian last year; it has already been touted by JPMorgan
Silicon Valley Bank's UK branch shut down by Bank of England
12.3.2023
Several U.K. venture capital firms have shown support for SVB UK stating it is a “trusted” partner and plays a "pivotal" role in supporting startups
Zambia Testing Technology to Regulate Cryptocurrency — Government Minister
19.2.2023
The Bank of Zambia and the country’s securities regulators are currently testing the technology to regulate cryptocurrencies, a Zambian government minister has said. According to Felix Mutati, cryptocurrency is a revolutionary technology that embodies a future his country desires to achieve....
UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit
21.1.2023
The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been “able...
5 Digital Economy Predictions for 2023
22.12.2022
2023 is the year crypto will have to grow up and clean up its act. Here are predictions regarding the future of NFTs, the metaverse, CBDCs and institutional investments
Piloting into Digital Economy, Leading the Fraud Rings, Stealing Billions and 20 Crypto Jokes
5.11.2022
Read More: Piloting into Digital Economy, Leading the Fraud Rings, Stealing Billions and 20 Crypto Jokes
Nigeria Can Become World Leader in the Digital Economy Says Vice President Yemi Osinbajo
14.10.2022
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach and spend more time developing digital skills. Nigeria Better Equipped Than 3 Decades Ago...
Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’
23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...
Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator
24.7.2022
Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allows Huobi to offer virtual asset exchange products and services...
EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay
21.7.2022
Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a bridge to the digital economy. Mr. Simone...
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor
26.6.2022
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria is competitive as the world...
Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’
21.5.2022
The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai Rulers’ Vision The Dubai rulers...
Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations
20.5.2022
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for...
UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse
18.4.2022
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner...