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Russia Weighs Stablecoin Framework for International Deals


Owing to economic challenges and sanctions, Russia is considering using stablecoins to conduct cross-border transactions, especially with China. The Russian central bank, which was not very receptive to digital currencies earlier, has now realized the potential of these crypto-assets...

Zambia Working on Establishing an AI Framework, Says Minister


Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced...

Zimbabwean Regulators Develop Framework for Virtual Assets Trading


The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protection Act, and educational support. Challenges...

Former Consensys Employee Launches Stablecoin ‘USD3’


Former Consensys employee Jack Jia, and the founder of Stable.com has launched USD3, a “payments-first” new stablecoin despite the present lack of a regulatory framework and uncertainty around the market. The post Former Consensys Employee Launches Stablecoin ‘USD3’ appeared first...

The House passes a crypto regulatory framework bill; what’s next?


FIT21 has reached a significant milestone. The House has cleared the way for the legislation to climb the ladder rather than move to the Senate and President to become law officially. What lies next is a phase of optimism and clarity for the crypto market. Biden’s opposition to the bill...

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