Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion
In its statement, Microsoft will collaborate with Malaysia to establish a national AI Center of Excellence and enhance cybersecurity capabilities.
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How does the economy work?
The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works can be challenging, but it is essential for making informed decisions about personal finance, investing and public policy. This article will explore the fundamental concepts of how the economy works, including the factors that influence…

Drafted ‘Keep Big Tech out of Finance’ Act Surfaces Days Before Libra Hearings
A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services…

East vs. West — How Does Cryptocurrency Adoption Compare?
Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to 1.26 million, up from 637,000 in the first quarter, according to a recent report from Dapp.com. The sudden spike is widely attributed…

Binance reinstates crypto buys with Visa, Mastercard payments
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?

Financial Stability Board aims to address crypto-related issues following ‘failure of FTX’
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority. Own this piece of crypto history Collect this article as NFTThe international monitoring body Financial Stability Board, or FSB, called for a global framework aimed at regulating and supervising crypto in the wake of FTX’s…

Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.

Bitcoin price retains 8% gains as attention switches to Ethereum comeback
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up.

President of Uganda to Lead Blockchain Conference in Kampala in July
The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuubi Media Africa on June 24According to the report, The 2019 Africa Blockchain Conference — not to be confused with The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to…