Nigeria’s Central Bank Approves cNGN Stablecoin Launch
The Central Bank of Nigeria (CBN) has granted the Africa Stablecoin Consortium (ASC) permission to test its cNGN stablecoin in the regulatory sandbox. The launch is slated for February 27, 2024. The CBN, the Nigerian Securities and Exchange Commission , and the Nigerian Financial Intelligence Unit have set regulatory standards and requirements, and the cNGN […]
Microsoft Updates Windows Keyboards with AI Copilot Key
Microsoft is reinventing human engagement and ushering in a new era of AI-integrated computing with the addition of an AI Copilot key to Windows keyboards. By adding an “AI Copilot” key to Windows keyboards, Microsoft has taken a step forward in the personal computing space. This is the first time this had happened in almost […]
Solana Co-founder Reveals Willingness to Keep up Layer 1 Scaling
Anatoly Yakovenko of Solana emphasizes direct Layer 1 scalability for unparalleled blockchain efficiency and creativity, rejecting Layer 2 alternatives. The co-founder of blockchain powerhouse Solana, Anatoly Yakovenko, has posted on the X platform, revealing the company’s daring approach to Layer 1 scalability. Anatoly Yakovenko explains Solana’s dedication to synchronizing a global atomic state machine at […]
Fidelity Files SEC Registration for Bitcoin ETF
The company has registered its Fidelity Wise Origin Bitcoin Fund with the U.S. Securities and Exchange Commission (SEC) by filing Form 8-A, claiming over $4.5 trillion assets. With this filing, Fidelity is taking a step toward becoming a publicly traded company , and it also signifies a wider acceptance of digital assets in conventional investing […]
Former Citigroup Executives to Offer Bitcoin Depositary Receipts
According to a Bloomberg report released on January 4, former Citigroup executives would sell Bitcoin-backed securities. They claim that these securities do not require permission from US regulators. The issuer will launch a “Receipts Depositary Corporation, or RDC,” due to the blatant action. Bitcoin Depositary Receipts, which work similarly to American Depositary Receipts representing international […]