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Nigeria’s NITDA advocates AI integration in payments for global recognition

In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the Central Bank of Nigeria (CBN) and financial institutions.In an interview with Cryptox at

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PayPal earns recognition as cryptoasset business in the UK

According to an Oct. 31 update, PayPal UK Limited secured registration as a cryptoasset business by the Financial Conduct Authority (FCA). This makes PayPal the fifth firm to receive the FCA’s crypto registration this year, alongside names like Interactive Brokers, Bitstamp and Komainu. One of the 14% approved Under PayPal’s listing on the FCA

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SHIB, XRP, and ADA gain recognition with inclusion in prominent Hong Kong index

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The HKVAC index, unveiled by the Hong Kong Virtual Assets Consortium (HKVAC), adds XRP, SHIB and ADA to its list of recognized cryptocurrencies. This newly introduced index, which assesses 30 prominent digital assets, places significant emphasis on

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EU study proposes default security status for crypto assets, legal recognition for DeFi

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study commissioned by lawmakers at the European Parliament proposes that

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Canaan Strategically Partnered with Cathay to Launch AI Facial Recognition Module in Japan

Through the partnership, both Cathay and Canaan expect to expand their international coverage as the global economy recovers with the help of technology.  Canaan Inc ADR (NASDAQ: CAN), a semiconductor solution provider, has announced a strategic partnership with Cathay Tri-Tech., Inc. (“Cathey”) to introduce its artificial

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