Central African Republic gets IMF optimism a year into Bitcoin adoption
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Central African Republic gets IMF optimism a year into Bitcoin adoption

The Central African Republic (CAR) has garnered optimism from the International Monetary Fund (IMF) one year after its adoption of Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing cryptocurrency. The International Monetary Fund (IMF) has published a report expressing a more positive view of the economic prospects of the country in 2023.…

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Web3 threatened by Web2.5 and regulations, exec warns
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Web3 threatened by Web2.5 and regulations, exec warns

As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder and CEO of Web3 accelerator Outlier Ventures. In an interview with Cointelegraph, Burke outlined several aspects of Web3 that are currently being threatened by concepts like Web2.5 and regulatory actions. The executive said…

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Chinese city launches govt-backed metaverse platform
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Chinese city launches govt-backed metaverse platform

Nanjing City, the capital of Jiangsu Province in China, on May 22, inaugurated the China Blockchain Technology and Application Innovation Platform. This government-supported platform aims to foster and advance metaverse research and development across the country. The newly established state-backed entity is led by the Nanjing University of Information Science & Technology (NUIST). As per an announcement on NUIST’s official…

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Pakistan aims to produce 1 million AI-trained IT graduates by 2027
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Pakistan aims to produce 1 million AI-trained IT graduates by 2027

Just days after announcing that cryptocurrencies will “never be legalized” in the country, Pakistan’s Ministry of IT & Telecom drafted a policy to spur the growth of artificial intelligence (AI).  With the national AI policy, Pakistan aims to evolve into a knowledge-based economy by upskilling human capital on AI and allied technologies among other investments and initiatives. Draft National AI…

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