Montana’s Looming TikTok Ban Is a Dangerous Tipping Point
The state is poised to be the first in the US to block downloads of the popular app, which could ignite a precarious chain reaction for digital rights. Powered by...
Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed
Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis Inacio “Lula” da Silva to China. The settlement, which was processed by the Industrial and Commercial Bank of China (ICBC) paves the way for cheaper and simpler payments between the countries, according to analysts. Brazil and China Move to Settle Trades Using the...
Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from companies that may want to acquire the startup’s intellectual property (IP). Stablecoin Payments Lazerpay, a Nigerian crypto and Web3 startup,...
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first and largest virtual bank, co-founded by Chinese billionaire Ou Yaping,...
French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’
French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not mean being a vassal’ in a state visit to Amsterdam, propping criticism and praise alike for his position. Macron Doubles Down on Strategic Autonomy Policy for Europe on Taiwan Issue French president...
