Category: Digital
-
Global Dollar Network Debuts With Backing From Robinhood, Galaxy Digital, Others
•
Some leading cryptocurrency companies have officially formed an alliance aimed at encouraging digital asset users around the world to adopt stablecoins. Robinhood, Kraken, Galaxy Digital, Anchorage Digital, Bullish, Nuvei, and Paxos join the launch New stablecoin Known as USDG, or Global Dollar Network, which helps integrate stablecoins into everyday financial…
-
Digital skill gap: The three key areas Africa should focus on to drive greater access
•
In an increasingly digital world, the importance of equipping Africa’s youth with digital skills cannot be overstated. Africa will account for one-fifth of the world’s total workforce and one-third of the world’s youth workforce by 2030. It can seize the opportunity and harness its youth to become a global tech…
-
Emerging trends and opportunities in East Africa’s digital payments ecosystem
•
In recent years, East Africa has made great strides in adopting digital payments. Notable trends that have emerged include e-commerce card transactions, contactless methods such as tap to pay and QR code payments, alongside already sophisticated mobile payment systems. Another trend in the evolving, more comprehensive and efficient digital payments…
-
A New Battle Brews Over Digital Euro Control
•
Digital transformation is the way forward, and the European Central Bank has found the key: a digital euro. In development since 2021, the planned digital euro will help accelerate the region’s shift toward more secure and convenient online payments. As with cash, the ECB envisions its digital currency as widely…
-
Will Norway Go Digital? Central Bank To Decide On CBDC Next Year
•
Next year, Norges Bank, Norway’s central bank, will make a major decision on whether to create its own CBDC, or central bank digital currency. According to Deputy Governor Pal Lungva, the central bank was heading towards… Finalizing the recommendationalthough it was not necessary to speed up the work immediately. In…
-
Former-CEO Of Mine Digital Accused Of $1.5M Bitcoin Heist
•
Grant Cultho, the former CEO of Australian cryptocurrency exchange Mine Digital, appears to be facing legal trouble. According to A press releaseColthu is now facing fraud charges for allegedly embezzling US$1.47 million (AU$2.2 million) from a client. The statement revealed that the customer intended to use the funds to purchase…
-
Former-CEO Of Mine Digital Accused Of $1.5M Bitcoin Heist
•
Grant Cultho, the former CEO of Australian cryptocurrency exchange Mine Digital, appears to be facing legal trouble. According to A press releaseColthu is now facing fraud charges for allegedly embezzling US$1.47 million (AU$2.2 million) from a client. The statement revealed that the customer intended to use the funds to purchase…
-
Putin Reveals BRICS’ Shift Toward Digital Currency In Investment Strategy
•
The adoption of cryptocurrencies was one of the main discussions among BRICS member states at a business forum held in Moscow on Friday. BRICS group The bloc (Brazil, Russia, India, China and South Africa) seeks to reduce its dependence on Western financial systems by offering an alternative payment system to…
-
Putin Reveals BRICS’ Shift Toward Digital Currency In Investment Strategy
•
The adoption of cryptocurrencies was one of the main discussions among BRICS member states at a business forum held in Moscow on Friday. BRICS group The bloc (Brazil, Russia, India, China and South Africa) seeks to reduce its dependence on Western financial systems by offering an alternative payment system to…
-
Santander calls for government focus on leadership, digital, and sustainability skills to future-proof UK economy
•
Santander Bank in the UK has urged the government to prioritize leadership, digital and sustainability skills in its new National Skills Plan to address the UK’s productivity crisis and prepare the workforce of the future. In a newly published report entitled Tomorrow’s Skills, Santander highlights three key societal shifts –…
-
These 5 digital currencies are set to skyrocket
•
Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Cryptocurrency whales are eyeing altcoins that have the potential for huge gains. Discover five cryptocurrencies that experts believe could rise very quickly soon. Big cryptocurrency investors, often called whales,…
-
These 5 digital currencies are set to skyrocket
•
Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Cryptocurrency whales are eyeing altcoins that have the potential for huge gains. Discover five cryptocurrencies that experts believe could rise very quickly soon. Big cryptocurrency investors, often called whales,…
-
Philippines levies 12% VAT tax on digital services by tech giants By Reuters
•
MANILA (Reuters) – The Philippines will impose a 12% value-added tax on digital services offered by technology giants such as Amazon (NASDAQ:), Netflix (NASDAQ:), Disney and Alphabet (NASDAQ:), in 2019. The Internal Revenue Agency said On Thursday, it is a move that will level the playing field with local players.…
-
Digital lender to pay man Sh250,000 for wrong listing as loan guarantor
•
Digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man who harassed him over a loan he allegedly guaranteed on behalf of a borrower. A loan guarantor is a third party that agrees to repay the loan if the borrower defaults. In a new ruling, the…
-
Central bank digital currency momentum growing, study shows By Reuters
•
By Mark Jones LONDON (Reuters) – A total of 134 countries representing 98% of the global economy are now considering digital versions of their currencies, with nearly half at an advanced stage and pioneers such as China, the Bahamas and Nigeria seeing a resurgence in use. Research by the US-based…
-
Meru goes digital to plug revenue leaks
•
The Meru County Government has updated its cashless revenue system to allow residents to pay all licenses and fees from the convenience of their phones. To pay parking fees and other permits in Meru, residents are required to use the USSD code *412# on their phones. Payments can also be…
-
Why all B2B Businesses should embrace digital payments
•
With so many payment methods, both in-store and online, consumers now expect this level of choice in every aspect of their lives – and we’ve seen B2C companies adapt and meet this. But this level of adaptation cannot be said so quickly about the B2B sector, which has been slower…
-
Why all B2B Businesses should embrace digital payments
•
With so many payment methods, both in-store and online, consumers now expect this level of choice in every aspect of their lives – and we’ve seen B2C companies adapt and meet this. But this level of adaptation cannot be said so quickly about the B2B sector, which has been slower…
-
Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour
•
Cryptocurrency natives and fans of Detroit rapper Big Sean flocked to Lager House, outside downtown Detroit, for the third stop of America loves cryptocurrencies The tour. The event featured an evening of live entertainment and a call to action to encourage voters to vote with cryptocurrencies in the upcoming 2024…