Category: Digital
-
Digital financial inclusion is key to growing trade within Comesa
•
As the continent’s largest trading bloc, the Common Market for Eastern and Southern Africa (COMESA) has enormous potential to drive economic growth, promote regional integration, and lift millions out of poverty. COMESA trade statistics paint a picture of enormous opportunities coupled with significant challenges. While the region exported goods worth…
-
Digital Second Amendment: Preserving Bitcoin Rights
•
The United States is known for the Second Amendment. In fact, the right to bear arms can be described as one of the national characteristics of the American state. Some might say that without the Second Amendment, the United States would remain merely a European overseas country. What is happening…
-
Bitcoin and Wall Street: Insights from Alex Thorn of Galaxy Digital
•
At the recent MicroStrategy World: Bitcoin for Business conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and businesses. In an interview with Bitcoin Magazine, Thorne explored how Wall Street began to embrace Bitcoin, the dual nature…
-
BT Scraps Digital Landline Switch Deadline Amid Vulnerability Concerns
•
BT has significantly delayed its plans to switch customers from traditional copper-based landlines to internet-based services, following concerns about the impact on vulnerable individuals. It was initially scheduled to be completed by the end of 2025, but the switch has now been postponed until the end of January 2027. The…
-
Institutional Bitcoin Adoption: Insights from Nathan McCauley, CEO of Anchorage Digital
•
At the World of MicroStrategy: Bitcoin for Enterprise conference, Nathan McCauley, co-founder and CEO of Anchorage Digitalshared his thoughts on the increasing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally chartered Bitcoin bank and leading institutional custodian, plays a critical role in facilitating this transformation of Bitcoin into…
-
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
•
In an important step towards promoting the use of digital currency, Hong Kong residents can now create personal digital wallets for the yuan or CNY, as well as Announce By the Hong Kong Monetary Authority (HKMA). This development, part of cooperation with the People’s Bank of China (PBoC), marks a…
-
Liminal Custody Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody
•
(Press release – Abu Dhabi, Abu Dhabi, May 14, 2024) Border guardingABC, a leading provider of digital asset custody solutions and wallet infrastructure, announced today a historic milestone in the acquisition of a Financial Services Permit (FSP) from the Financial Services Regulatory Authority (FSRA) on the Abu Dhabi Global Market…
-
The E-CNY: China’s Digital Dilemna
•
China, the land where cash was once king, is moving toward a digital future. At the forefront of this revolution is China’s e-yuan, the country’s bold attempt to create a central bank digital currency (CBDC). But unlike the seamless experience promised by its sleek app, the e-CNY ride was more…
-
Ex-offenders “neglected” in the workplace due to lack of digital skills, warns Digital Poverty Alliance
•
With current high reoffending rates, prison leavers face neglect when seeking to reintegrate into society due to insufficient digital skills, according to the Digital Poverty Alliance (DPA). Government statistics It reveals that the recidivism rate is currently 26 per cent, and has increased since 2021. The DPA believes that schemes…
-
Local online taxi, food delivery platforms to pay digital tax
•
A 1.5% digital services tax will be imposed on local platforms offering online jobs, rental, food delivery and ride-hailing services, if Parliament approves a proposed revenue-raising proposal by the National Treasury. In the Finance Bill 2024, National Treasurer Njuguna Ndongo proposed amendments to extend the digital service tax to platforms…
-
Are NFTs Dead? Whats Happening To Digital Art Tokens
•
In the face of market volatility and uncertainty, one big question looms: Are NFTs dead? This article examines speculation to examine the current state and emerging trends within the NFT ecosystem, revealing a landscape where innovation continues amidst challenges. Main sockets The NFT market is facing decline and saturation, but…
-
Credicorp reports strong Q1 with digital growth and stable ROE By Investing.com
•
Credicorp Limited (NYSE: NYSE:), a leading financial services holding company in Peru, has reported robust first-quarter results for 2024, with CEO Gianfranco Ferrari (NYSE:) highlighting the company’s strong return on equity (ROE) and the positive economic outlook for Peru. Despite challenges such as a recent sovereign credit rating downgrade and…
-
The Curious Case of Chile and the Central Bank Digital Currency
•
In the ever-shifting sands of global finance, a strange development has emerged from the South American nation of Chile. Banco Central de Chile, the country’s central bank, Recently published a report on central bank digital currencies – an emerging technology that has the potential to reshape the way money flows.…
-
A Digital Baht for the Future?
•
King Rama IV (Mongkut), a 19th-century visionary on the Siamese throne, was a proponent of trade liberalization and modernization. Now, in the 21st century, the Bank of Thailand is echoing that spirit with a bold experiment: a pilot program for a central bank digital currency for individuals, or digital baht.…
-
A Glimpse Into Digital Asset Fortunes
•
Which NFT commands the highest price tag and why? We uncover the record-breaking prices of the most expensive NFT pieces and what makes them stand apart in the digital art space, illuminating your path through this cutting-edge market. Key Takeaways NFT sales like Pak’s ‘The Merge’ at $91.8m and Beeple’s…
-
Revolut Enters The Crypto Exchange Arena By Launching Revolut X; UK’s Newest Digital Asset Trading Platform
•
Image from Coin Journal In the rapidly evolving world of digital finance, the emergence of dedicated cryptocurrency exchanges has become an important trend, as traditional financial institutions increasingly embrace the potential of this thriving market. One such player that has recently made its foray into the cryptocurrency exchange scene is…
-
Over 20% Of Swing State Voters Weigh Digital Currency Policies Heavily
•
As the political temperature rises in the United States ahead of the upcoming elections, cryptocurrencies are emerging as an important topic among voters in key contested states. Extensive online reconnaissance This campaign, led by the Digital Currency Group (DCG), has highlighted the growing importance of cryptocurrency politics in the electoral…
-
The Digital Chamber criticizes SEC over Wells notice to Robinhood Crypto
•
The Digital Chamber, a trade association for the digital assets industry, criticized the SEC for issuing a Wells Notice to Robinhood Crypto. On May 6, the group Issued A statement expressing “deep disappointment and concern” about the latest notice. The association also described it as an example of regulatory overreach.…
-
Stronghold Digital Mining beats Q1 EBITDA expectations By Investing.com
•
In the first quarter of 2024, Stronghold Digital Mining (NASDAQ: SDIG) reported a significant beat on its EBITDA guidance, achieving nearly $9 million against the over $5 million that was forecasted. The company, which prides itself on being an environmentally beneficial and vertically integrated miner, highlighted its low cost of…