Tag: digital economy

EU bans anonymous crypto payments to hosted wallets

The EU's ban on anonymous crypto payments to hosted wallets is a landmark decision that underscores the challenges of regulating digital currencies. The...

Tether stablecoin USDT is coming to Celo blockchain

Tether has announced plans to integrate its USDT stablecoin onto the Celo blockchain. Tether's circulating supply crosses the 102 billion mark, and...

El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings

Bukele had initiated a strategy for the nation to acquire 1 BTC daily, accumulating over 2,000 BTC, which is now valued at upwards...

AI Tokens and the Future of Decentralized Technologies: Soriano Group’s Innovative Partnership

Soriano Group has partnered with the esteemed Metaverse Web3 company Roomful to enhance business operations through gamification. The ERC-20 standard intricately links the...

Ethereum Blockchain Counts Down to ‘Dencun’ Upgrade, Set to Reduce Fees

The Ethereum developer community is on the brink of implementing the Dencun upgrade. Dencun's implementation is not just a technical milestone; it's a...

Nibiru Deploys Its Developer-Centric Layer-1 “Super Chain” to Mainnet

The Nibiru Chain, a layer-1 blockchain network with a developer-centric design, has officially launched its mainnet, marking a significant milestone for blockchain technology. ...

Tether and Uzbekistan’s National Agency of Perspective Projects Join Forces

Tether embarked on a groundbreaking journey with the Republic of Uzbekistan by signing a MOU with the NAPP. Uzbekistan strides towards becoming a...

India’s Digital Landscape: Mumbai’s Metaverse and the Rise of Digital Rupee

The Mumbai Metaverse is an immersive platform, granting users access to a 3D and virtual reality (VR) experience to easily navigate the city's...

Upland’s Financial Milestone: $13.5 Million Distributed to Players in December 2023

Upland recreated the Lusail Stadium virtually, providing gamified experiences to enthusiasts. In December 2023, Upland distributed over $13.5 million to its players...

Metamask partners with Eygpt’s Vodafone Cash as plans for growth in Africa

MetaMask has launched a novel 'sell' feature in its mobile app, explicitly benefiting users in Nigeria and Egypt. The partnership between MetaMask and...

Mauritius Financial Services Commission Initiates Dialogue on Metaverse Integration

The FSC has decided to dedicate November to gathering comments on the Metaverse to boost Mauritius' digital economy. Since 2018, FSC Mauritius has...

African countries seek revenue boost through digital economy taxation

African presidents and presidential hopefuls are discussing taxing the digital economy as a campaign strategy. Taxing digital products is a complex issue that...

Decentralized finance: Redefining financial transactions in the digital economy

In contrast to the traditional financial system, DeFi gives individuals greater control over their assets and the ability to choose how to invest them without relying on an intermediary.

Africa: A closer look into Web3’s evolutionary transition into the digital economy

Web3 refers to the concept that the future generation of the internet will be constructed on decentralized blockchain technology, giving people more power over their data.