WAO ART #316

In 2023, Africa saw a surge in adoption of digital assets and blockchain technology, with retail investors leading the way. African countries turned to digital assets to protect against inflation and debt, with stablecoins becoming increasingly popular.

Brazilian fintech Credmei has raised $8.1 million through its DeFi marketplace for loans, Credix. The company uses machine learning to provide funding to small and medium-sized businesses through receivable prepayment.

Experts believe that the approval of a spot bitcoin exchange-traded fund (ETF) may be coming in January, which would be a significant milestone for cryptocurrency investors. Discussions between the SEC and asset managers with pending spot bitcoin ETF applications have progressed to technical details.

The US Securities and Exchange Commission (SEC) has set a deadline for final changes to Bitcoin exchange-traded fund (ETF) proposals before its potential approval in early January. The SEC has been meeting with representatives from various applicant companies, including BlackRock and Grayscale Investments.

Yihu International Blockchain Technology Co., Ltd. (BVI), a subsidiary of TGGI, and China Energy Australia Bank Capital (Hong Kong) Co., Ltd. have signed a strategic cooperation agreement. The agreement focuses on the development and operation of artificial intelligence and blockchain technology.

Britain's push for net zero emissions and reliance on wind power is built on deceit. The cost of wind power is actually high and rising, contrary to what was promised. The government placed a massive bet on offshore wind, but it is a dead-end technology.

Asia is leading the way in the digital asset revolution, with Singapore, Japan, Taiwan, Hong Kong, and South Korea emerging as key hubs. Singapore has attracted global crypto companies but has also faced crises and is focused on regulating the industry.