Category: Digital Currency
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Special Report: The Future of Technology Innovation in Africa—A Focus on Kenya
As the world races to adapt to the rapidly evolving digital economy, Africa stands at a crossroads, with technological innovation emerging as a crucial avenue for solving pressing challenges, including job creation. In East Africa, Kenya has positioned itself as a leader, particularly in its capital, Nairobi, which is rapidly becoming the region’s tech hub.…
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Google Exposes GLASSBRIDGE: A Pro-China Influence Network of Fake News Sites
Government agencies and non-governmental organizations in the United States have become the target of a nascent China state threat actor known as Storm-2077. The adversary, believed to be active since at least January 2024, has also conducted cyber attacks against the Defense Industrial Base (DIB), aviation, telecommunications, and financial and legal services across the world,…
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🌍 BRICS cooperation with Africa increases the bloc’s influence on the global economy – media
The influence of BRICS on the global economy is growing as the number of member countries increases, and the importance of cooperation with Africa is also growing, according to an analytical article in the Zimbabwean newspaper Herald. “As the number of BRICS member countries increases, so will the organization’s influence on the global economy. One…
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Stripe to Acquire Stablecoin Fintech Bridge for $1 Billion
In a major move toward expanding its cryptocurrency capabilities, Stripe is set to acquire Bridge, a stablecoin payment platform, for $1 billion. Bridge offers businesses and governments the infrastructure to send and receive stablecoins like USDC and Tether, facilitating cross-border transactions and financial inclusion. This acquisition aligns with Stripe’s strategy to enhance global payment services.…
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Kenya’s Ruto announces digital nomad work permit for remote workers
Kenya has announced the introduction of a Digital Nomad Work Permit, a significant step aimed at welcoming global digital professionals to live and work within the country. The Digital Nomad Work Permit will be specifically tailored to cater to remote workers, offering them the opportunity to make Kenya their base while serving clients globally. This…
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Poland to Introduce New Minimum Wage for 2025: 30.50 złoty per Hour ($7.90)
Poland is set to raise its minimum wage to 30.50 złoty per hour (approximately $7.90) starting in 2025, continuing its trend of consistent wage increases over recent years. This move comes as part of the government’s ongoing efforts to improve the standard of living for workers and ensure that wages keep pace with inflation and…
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Zimbabwe central bank head announces plans to target saboteurs of gold-backed currency
Zimbabwe’s central bank has pledged to intensify efforts against those undermining the nation’s gold-backed currency, the ZiG, which has seen a sharp decline on the parallel market. While the ZiG is trading at 13.94 per US dollar on the official market, it’s quoted between 16 and 26 on the unofficial market. In an emailed response…
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North Carolina Senate overrides governor veto, passes bill banning CBDC
A North Carolina Senate veto-busting vote saw 12 Democratic Party senators who initially voted for the bill to ban a CBDC switch to backing Governor Roy Cooper’s veto. The North Carolina General Assembly has passed a bill banning the state from implementing a United States Federal Reserve-issued central bank digital currency (CBDC), with the Senate…
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