The world is advancing at a rapid rate, and so is energy consumption. Every day you face a new threat in terms of deteriorating...

In Southeast Asia, Indonesia is fast becoming a fintech powerhouse as investors continue to pour money into young, innovative startups seeking to tap into the country’s massive population of underbanked.

The post 7 Early-Stage Fintech Startups from Indonesia to Follow in 2022 appeared first on Fintech Singapore.

Regardless of the growing economic sanctions against Russia, the volume of cryptocurrencies bought using Rubles across several major cryptocurrency exchanges plummets drastically. According to data from blockchain-data aggregators display, Russian collateralizing crypto trading across significant crypto exchanges is dropping badly. This debunks the idea that Russia will leverage crypto assets in maneuvering sanctions. Last week, when the Bitcoin price surged more than 15%, some crypto pundits proposed that the rally was related to Russians purchasing crypto assets amid the growing economic sanctions. Related Article | Veteran Trader Advises ‘Gen Zs’ To Set Aside Savings On Bitcoin And Hold Moreover, this belief seems contradictory as Chainalysis displayed data, revealing ruble-denomination cryptocurrency trading. It plummeted to $34.1 million on Thursday, which is about a 50%-decline since its recent high of $70.7 million last week on February 24. Citigroup Analyst Comments On The Cryptocurrency Situation Commenting on the topic of sanctions-focused crypto buying to Bloomberg. Alexander Saunders-Citigroup analyst responded that the trading volumes have been comparatively small recently. However, he also proposed that this PA is higher because of traders and investors preparing for an anticipated increasing demand from Russia instead of the country demanding for itself. Regardless of pundits’ debunking, cryptocurrency could be essential to aid Russia in circumventing sanctions. But unfortunately, the EU (European Union) and the United States are still spurring their regulatory assessments of cryptocurrencies. Just recently, NY state upsurged its blockchain monitoring capabilities to further inhibit digital currencies from being used for aiding Russian interests. Governor Of New York Against Russian Collaborations With The State On February 27, Kathy Hochul, the governor of New York, gave an executive order informing agencies to terminate all collaborations with Russian companies and institutions, even entities and bodies that provide them assistance. In her statement, she highlighted that New York is home to the country’s largest Ukrainian population. And will use all technological assets to safeguard her people, thus showing Russia that they will be held accountable. The Blockchain Associations’ Head of Policy in the United States – Jake Chervinsky, described their worries as “totally unfounded. In his tweet, he explained his perspective of the ongoing situation. He stated that Russia can’t and won’t be able to utilize cryptocurrencies to evade economic sanctions. Chervinsky buttressed that these worries misunderstand: how sanctions operate, how cryptocurrency markets work, how Putin aims to mitigate sanctions, etc. Ari Redbord, the Head of Legal and Government Affairs at TRM Labs, also commented on bolstering this perspective further. He explained that currently, it’s too later for Russia to use cryptocurrencies to handle its sanctions. Related Article | Apple Co-Founder Steve Wozniak’ Feels’ Bitcoin Will Be Worth $100,000 Also, he added that cryptocurrencies’ and blockchains’ transparent nature would make it possible for the entire public to monitor transactions and notice individuals or entities trying to maneuver sanctions. Featured image from Pixabay, chart from TradingView.com

March 2022 By Nadine Hakizimana and Edward Kwakwa, Global Challenges and Partnerships Sector, WIPO If you think about it, intellectual property (IP) is everywhere. It’s even...

March 2022 By Rebecca Ferderer, Traditional Knowledge Division, WIPO It is often said that a picture is worth a thousand words. Photography is a powerful means...

Mexican digital payments system CoDi has been around for more than two years yet a large part of the population is unaware of it.

The post Why has Pix done so well while CoDi has struggled? appeared first on LendIt Fintech News.

Singapore, Singapore, 11th March, 2022, Chainwire   SHANTI, a project dedicated to bringing peace to the world through blockchain and crypto, which is backed by Pancake Games and TTX has announced that its services will be introduced to hundreds of...

These patents include SaaS and similar technologies, such as Platform-as-a-Service, Data-as-a-Service, Blockchain-as-a-Service. The list might also include technologies that assist, work with, or improve SaaS and similar technologies, such as business intelligence, data mining, cloud computing, and cloud services. #1 US Patent No. US 11,269,596 (IBM) Title: AUTOMATED MICROSERVICE CREATION BASED ON USER INTERACTION Inventor/Assignee: […]

The post This Weeks Top 10 SaaS Patents – 3/11/22 appeared first on The Rapacke Law Group.

In the Middle Ages, Stockholm was a small town with about 6,000 inhabitants and it has grown steadily since then. It grew especially much...

While starting a company may seem easier now than ever before, entrepreneurs have an uphill battle from the moment they start a business. And without a clear, actionable business plan for selling, marketing, finances, and operations, you're almost destined to face significant challenges.

Africa’s booming, tech-savvy young population are being largely ignored by global venture capital investors, despite offering a golden opportunity to get in early in subsectors that have the potential to become world leaders in the coming years. A new tech fund launched by Sweden’s Norrsken Foundation, with the backing of unicorn founders including Skype’s Niklas Zennström, is determined to reap the rewards of just that opportunity. AltAssets chatted with the team to find out where the big tech investment opportunities lie in the world’s second-most-populous continent.

The post Norrsken’s new Africa-focused tech fund is leaping on a giant opportunity other firms are missing first appeared on AltAssets Private Equity News.

South Korea is set to have a new president in May following a win by Yoon Suk-Yeol who platformed on crypto deregulation, among other issues

The post Pro-crypto Candidate Yoon Suk-Yeol Wins South Korea’s Presidency appeared first on Blockworks.