Commonwealth News
International deal to combat crypto tax evasion to start 2027 as 48 countries sign up
Nov 16, 2023
A total of 48 countries, including the U.K. and Singapore have pledged to implement a tax-transparency standard from 2027. This initiative aims to facilitate the automatic exchange of information between jurisdictions, specifically targeting tax evasion on...
Crypto.com wins Dubai licence
Nov 16, 2023
Crypto.com's Dubai-based entity, CRO DAX Middle East FZE, has secured a Virtual Assets Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA), pending operational approval. This license, once finalized, will enable Crypto.com to...
Royal Canadian Mint unveils King Charles III coins on his birthday
Nov 15, 2023
The Royal Canadian Mint has revealed commemorative coins featuring the likeness of King Charles III in celebration of his 75th birthday. The intricate process involved soliciting design concepts from over 350 artists and Mint engravers, with the winning design by...
Yellow Card is the first Fintech in Africa to launch PayPal USD (PYUSD)
Nov 15, 2023
Yellow Card achieved a historic feat in the African crypto landscape by becoming the first Fintech on the continent to introduce PayPal USD (PYUSD). This groundbreaking stablecoin, issued by Paxos, is poised to revolutionize digital financial transactions between...
King Charles launches new food scheme on 75th birthday
Nov 14, 2023
Britain's King Charles commemorates his 75th birthday by inaugurating the Coronation Food Project, aimed at addressing food poverty and minimising waste. Joined by Queen Camilla, the royal couple plans to mark the occasion by touring a surplus food distribution centre...
Afreximbank announces $1-billion African Film Fund
Nov 13, 2023
The African Export-Import Bank (Afreximbank) is actively working towards establishing a $1-billion African Film Fund, scheduled for launch in 2024. Kanayo Awani, Executive Vice President at Afreximbank, made this announcement during the 2023 CANEX Summit in Cairo,...