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Grayscale Adopts Cash Model for Spot Bitcoin ETF but Warns of ‘Adverse Consequences’

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Grayscale Investments has adopted the cash creation model, instead of the in-kind model, for its proposed spot bitcoin ETF.

​ Grayscale Investments has adopted the cash creation model, instead of the in-kind model, for its proposed spot bitcoin ETF. 

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Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

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Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent.

​ Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent. 

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Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

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Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot.

​ Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot. 

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Russia Advances Cryptocurrency Mining Bill

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The State Duma of Russia has advanced a bill to regulate cryptocurrency mining, aiming to promote investment and employment.

​ The State Duma of Russia has advanced a bill to regulate cryptocurrency mining, aiming to promote investment and employment. 

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