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January 20, 2024

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Google Follows Apple in Yanking Crypto Apps in India : Google removes several cryptocurrency platforms from its Indian Play store, including Binance and Kraken, following the country’s Financial Intelligence Unit plan to block the URLs of some digital asset service providers due to compliance issues

Blockchain Basics Act’ Lands in Nebraska, 13 States to Introduce Crypto Legislation in 2024 : Nebraska introduces the Blockchain Basics Act to protect blockchain-based activities from the US government to ensure Nebraskans can mine, store, and transact with cryptocurrency without restrictions; exempts capital gains state taxes for transactions under $200

LSEG’s Schwimmer Urges Cautious Approach to Regulating AI in Finance : London Stock Exchange CEO David Schwimmer emphasized the need for regulatory safeguards for AI in financial services, citing the EU’s first AI rules and the US executive order, and suggested a partnership between finance and regulators

FagoPay acquires microfinance license to aid financial inclusion in Katsina : Nigerian fintech company FagoPay acquires a microfinance license to enhance financial inclusion in Katsina and the country, while offering an all-in-one, accessible and user-friendly banking solution to empower individuals and businesses.

TRAINING

6th Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From February 1-2, this training is expected to power a new group of individuals and companies in FinTech Innovations through knowledge & skills set training at the Kofi Annan ICT Centre, Accra-Ghana & Online. Click here to register 

EVENTS

Block Mountain 2024 : Block Mountain connects crypto-native and institutional experts for engaging discussions. This year’s event, Spark the Future: Explore the web3.0 experience will take place on January 25-28, Chiang Mai University for diverse cooperation and networking

OPPORTUNITY

What’s In Store For 2024? Innovations In B2C And B2B Fintech Solutions : Businesses must prioritize innovation and customer-centricity while embracing automation and adaptability to excel in the dynamic fintech landscape, as fintech innovations will enhance customer-facing and B2B solutions, utilizing AI systems and machine learning programs

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