Chinese microchip company says it’s now accepting Bitcoin as payment
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment. Go to Source
Financial Technology
Auto Added by WPeMatico
Nigerian Fintech Okra Launches Cloud Unit to Boost Revenue
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push for local cloud adoption. Despite facing challenges, Okra hopes Nebula will … Read more
Trump to launch World Liberty Financial crypto platform on Monday
Donald Trump said in a video posted to X that his World Liberty Financial crypto project would launch Sept. 16. Go to Source
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer … Read more
Accenture invests in Emtech to strengthen CBDC, fintech solutions
The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings. Go to Source
New zero-KYC proposal aims to secure P2P crypto transactions
A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC. Go to Source
Hong Kong’s Project Ensemble sandbox ready to test asset tokenization
The HKMA’s project is gearing up for more testing after successful initial trials. Go to Source
Hong Kong launches generative AI Sandbox for finance sector
The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance. Go to Source
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets … Read more
Japan crypto ETFs boosted by Franklin Templeton and SBI Holdings partnership
The Japanese joint venture will focus on ETFs and other “emerging asset classes” including digital assets and cryptocurrency. Go to Source
