Nigeria remains global leader in ‘Bitcoin’ Google searches amid government crackdown

    coingeek 2024-06-14 42840 views Trending
    Nigeria has maintained its lead in Googlesearches for “Bitcoin” despite a crackdown that has led to the shutdown of leading global exchanges. Meanwhile, United States lawmakers have criticized the arrest and detention of Binance executive Tigran Gambaryan, describing it as “wrongful detention.”

    France wants to certify smart contracts—is it even possible?

    coingeek 2024-06-13 62374 views Trending
    The regulatory arm of the Banque de France, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), wants to certify smart contracts. The First Deputy Governor of the Banque de France recently confirmed that work between it and the ACPR to make that process mandatory is ongoing.

    OpenAI insiders accuse the company of prioritizing profits over safety

    coingeek 2024-06-12 63388 views Trending
    ​In the heated race to build the most powerful artificial intelligence (AI) models, industry leaders Google and OpenAI have abandoned their commitment to safety, insiders from the two companies alleged this week.

    India to leverage AI for tackling climate change risks, official says

    coingeek 2024-06-11 62744 views Trending
    ​India will not only use artificial intelligence (AI) to boost economic growth but is also planning to use the technology for climate change mitigation, adaptation and other related issues.

    US antitrust chief to scrutinize AI sector for monopoly risks

    cointelegraph 2024-06-06 36942 views Trending
    U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.

    AI revenue could balloon to $12 billion by 2030: report

    coingeek 2024-06-06 44279 views Trending
    ​As artificial intelligence (AI) inches forward, revenues for the ecosystem are expected to surpass $12 billion before the end of the decade, driven by increasing adoption rates and innovative leaps.

    Canada moves toward AI strategy for government operations

    coingeek 2024-06-05 51729 views Trending
    ​Canada could be making a full-scale pivot to artificial intelligence (AI) for government processes in the coming weeks, following regulators’ development of a national strategy.The Treasury Board is taking the lead in the quest to integrate AI into government operations but hints at a broader collaborative effort by sister agencies. Treasury Board President Anita Anand noted that the move is the first attempt by the government to embrace AI after lone attempts by individual agencies.

    Deutsche Bank explores tokenized funds to survive margin compression

    coingeek 2024-06-04 47540 views Trending
    ​Blockchain technology can enable banks to stay competitive and profitable as revenue from margin fees continues to drop, says Deutsche Bank.Deutsche recently announced that it had joined Project Guardian, a project by the Monetary Authority of Singapore (MAS) that explores asset tokenization on public blockchains.

    Japan’s Nomura bank announces new stablecoin project

    coingeek 2024-06-03 49987 views Trending
    ​Japanese financial services giant Nomura Holdings has announced a new partnership with the GMO Internet Group to explore stablecoins backed by Japanese yen and U.S. dollar.

    HKMA urges Hong Kong banks to upskill workforce on AI

    coingeek 2024-05-31 77371 views Trending
    ​Artificial intelligence (AI) will redefine financial services in Hong Kong, and commercial banks must prepare for the AI revolution, the city-state’s central bank says.In its latest guidance, the Hong Kong Monetary Authority (HKMA) discussed manpower management in the age of AI, acknowledging that the technology is taking root in the state’s banking industry. Banks are leveraging it to provide customized services for their clients and process massive amounts of data to detect fraud.

    Spain’s central bank launches third wholesale CBDC trial

    coingeek 2024-05-30 45403 views Trending
    ​The Spanish central bank has launched a third trial for its wholesale central bank digital currency (CBDC), focusing on a natively digital bond.

    Hong Kong enables digital yuan payments

    coingeek 2024-05-29 47935 views Trending
    ​Hong Kong will allow residents to set up digital yuan wallets and make payments at local merchant stores, becoming the first region beyond mainland China to support the central bank digital currency (CBDC).

    EU Commission urged to prepare for blockchain and AI integration

    cointelegraph 2024-05-28 53069 views Trending
    Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF.

    African countries bracing for AI adoption amid glaring challenges: report

    coingeek 2024-05-27 47640 views Trending
    ​While artificial intelligence (AI) continues its remarkable climb worldwide, several African countries are throwing their hats in the ring to incorporate the emerging technology into their economies.

    US House passes FIT21 but uncertain future awaits in Senate, White House

    coingeek 2024-05-24 37384 views Trending
    ​The U.S. House of Representatives has made history by approving the first federal legislation governing how digital assets are to be regulated, although its ultimate fate remains anything but assured.

    India may extend market share cap deadline for UPI digital payment

    coingeek 2024-05-23 56684 views Trending
    India’s National Payments Corporation of India (NPCI), which has the regulatory mandate to oversee retail payments and settlement systems in the country, is likely to “delay caps on market share” for the popular instant real-time payment system Unified Payment Interface (UPI), extending the deadline by as much as two years.

    Ghana VP: Blockchain could save Africa billions of dollars

    coingeek 2024-05-22 37805 views Trending
    ​Ghana intends to become the first African country whose government runs on the blockchain, Vice President Mahamudu Bawumia said.Bawumia spoke at a regional anti-corruption event held in the capital, Accra. As local media reports, he touched on the current administration’s initiatives, from digitizing public services and passport applications to launching the new GhanaCard identity card.

    Big Data, IoT, AI to dominate priorities for enterprises in 2024: report

    coingeek 2024-05-21 70903 views Trending
    New research from Endava reveals that enterprises are advancing toward the adoption of emerging technologies, although macroeconomic conditions may force them to consider alternatives in the pursuit of workplace productivity.

    Nigeria’s Interpol upskilled to combat digital asset crime

    coingeek 2024-05-20 48865 views Trending
    Nigeria’s Interpol recently held a meeting with stakeholders in the blockchain and cybersecurity industries to discuss ways to combat ‘crypto’ crime.Interpol invited the African Stablecoin Consortium (ASC) and local blockchain analytics firm A&D Forensics to train its agents on digital asset crime. ASC comprises commercial banks and fintech developing cNGN, a naira-pegged stablecoin seeking to compete against the eNaira.

    Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts

    cointelegraph 2024-05-17 79796 views Trending
    Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.The high-risk, high-reward theory of altcoins might be tilting toward the former as big gains are now less likely due to weak narratives driving the crypto market, say crypto analysts.

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