Category: Technology

reap the benefits of fintech

Globally, open banking has greatly increased the availability of APIs in finance. This is realized by fintech to enable banks to offer new products and services. However, to date, only a small number of innovative business models and products have

United Kingdom develops NFT

Image: iStock The UK plans to release its own NFT this year and is also working on a stable cryptocurrency implementation. The craze around NFT and cryptocurrencies doesn’t seem to be going away yet. The UK announced plans yesterday that

Nigerian Minister Aims For Fair Crypto Regulation

Currently, cryptocurrencies are still largely banned in Nigeria. However, a minister from the country saw an opportunity in the new technology and therefore called for a law that promotes the use of digital technology instead of restricting it. Uncertainty in

don’t use bitcoin to avoid sanctions

The Ministry of Finance found that cryptocurrencies as part of penalty against Russia is included in “deceptive or structured transactions or actions” for the purpose of evading sanctions. It is thought that cryptocurrencies are not suitable for large-scale sanction evasion.