Day: 18 August 2023

Kenyan Authorities have asked its citizens to participate in shaping the country's policy toward cryptocurrencies and blockchain technology. The Financial Reporting Centre (FRC), on August 16, 2023, announced that all Kenyans are invited to participate in a public survey on virtual assets and virtual assets service providers. The FRC, a ...

Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential benefits and challenges of central bank digital currencies (CBDCs) and how to implement them safely and effectively. In its announcement, Mastercard cited the Bank for International Settlements report that multiple ...

Digital currencies emerged as an alternative to traditional fiat, with the goal of exploring new financial opportunities, lowering transaction costs, and promoting financial inclusion. However, early forms of digital currencies, like e-gold, faced challenges in solving the double-spending problem, rendering them impractical for everyday use. The double-spending problem arises from ...

In today's digital age, keeping your hard-earned money safe is an essential life skill. There are some basic safety principles that you are probably already familiar with and apply in traditional finance. Would you, for example, give your bank login information to just anyone? You're always careful not to conduct ...