A new proposal aims at making Hong Kong more competitive: Hong Kong should issue a stablecoin to compete with US-pegged coins like USDT and USDC. The stablecoin would improve payment systems and strengthen fintech businesses.
New developments in the UK crypto space. The Financial Services and Markets Act 2023 establishes that crypto is a regulated financial activity.
Fintech in Africa. SoLo Funds, the US community-led lending platform, is expanding to Nigeria to serve unbanked people.
The good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems that one of the most popular use cases will involve accounting.
The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms must embrace AI to stay competitive.
Fintech and business – Eva Sgroi for IT News Africa. A list of the 10 ways you can use financial technology to improve your business.