News & Events
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Pakistan issues first Blockchain Computing License in digital push
Pakistan has taken a significant step in its digital transformation by awarding its first Blockchain-based High Performance Computing (HPC) license to Higgs Computing Limited’s data centre.
The Special Technology Zones Authority (STZA) issued the license with support from the Ministry of IT and Telecom and the State Bank of Pakistan. The facility, which combines Blockchain, AI, and Big Data capabilities, is projected to generate up to $2 million in annual foreign exchange earnings.
Operating with an initial 7-megawatt power capacity, the data centre aims to utilise Pakistan’s surplus electricity while advancing the country’s digital infrastructure. The project emphasises enhanced security and transparency through Blockchain technology. Government officials have hailed the initiative as revolutionary, viewing it as a crucial step toward Pakistan’s economic diversification and technological advancement.
Read the original article here: https://propakistani.pk/2025/05/29/govt-issues-pakistans-first-blockchain-based-computing-license-to-data-center/
Blockchain Group Expands Bitcoin Strategy With €63M Bond Issuance
The Blockchain Group has announced a €63 million convertible bond issuance to expand its Bitcoin holdings, joining the growing ranks of institutional investors betting on the cryptocurrency.
The French technology company’s bonds, denominated in Bitcoin and convertible to company shares, will see 95% of the raised funds directed toward Bitcoin purchases. The remaining 5% will cover operational expenses and treasury management fees. Major participants in the bond issuance include Moonlight Capital, Fulgur Ventures, and UTXO Management. The company has already acquired 590 Bitcoin at €100,000 per coin, bringing its total holdings to 1,437 BTC.
The announcement comes amid surging institutional interest in Bitcoin, which currently trades at $109,256, just 2.31% below its record high of $111,970. Recent market activity includes Strategy’s purchase of 4,020 BTC, BlackRock’s expanding ETF holdings, and Japan’s Metaplanet’s continued accumulation. The Blockchain Group’s move mirrors similar strategies employed by other institutional investors, as Bitcoin’s realised market capitalisation reaches $900 billion. Market speculation has intensified with rumours of Trump Media planning a $3 billion Bitcoin investment, while cryptocurrency trader James Wynn predicts significant price movements.
Read the original article here: https://coingape.com/blockchain-group-expands-bitcoin-strategy-with-e63m-bond-issuance/
King’s Baton Relay promoting 2026 Commonwealth Games wraps up BVI stop
The King’s Baton Relay, promoting the 2026 Commonwealth Games, recently completed its British Virgin Islands leg at the Social Development Department’s Senior Games, held at the Multipurpose Sports Complex.
In a significant departure from tradition, this year’s relay features 72 individual batons – one for each Commonwealth nation and territory – rather than a single baton circling the globe. The change reflects King Charles’ commitment to sustainability, with each baton crafted from Scottish ashwood.
Local artist Desiree Smith was selected to decorate the BVI’s baton, incorporating elements that represent the territory’s identity. The design features the territory’s sailing waters, government symbols, cultural markers like coconut trees, and athletic imagery in gold, silver, and bronze. Smith also included local flora and fauna, such as the white cedar and turtle dove, using a vibrant colour palette that reflects the territory’s colours.
The baton’s journey through the BVI included stops at educational institutions on Tortola and Virgin Gorda, as well as various historical and cultural sites before concluding at Government House. The decorated batons from all participating nations will converge at the 2026 Commonwealth Games opening ceremony in Glasgow, Scotland, scheduled for July 23 to August 2, 2026.
The 2026 Games will feature a streamlined program of nine sports, down from the previous 17, marking another significant change in the event’s history.
Read the original article here: https://www.virginislandsdailynews.com/sports/king-s-baton-relay-promoting-2026-commonwealth-games-wraps-up-bvi-stop/article_12b55219-c821-48c5-be58-83bbf28647fb.html
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Part 2: A Fireside Chat with Snowball Community Founder Simon Sansome
Join us for an insightful webinar as we explore the power of accessibility and inclusion with Simon Sansome, founder of the Snowball Community app.
Fireside Chat: A Surgeon’s Mission in Rwanda | Webinar Recording
The Commonwealth Chamber of Commerce recently hosted a special fireside chat featuring Dr. James Han Boon KONG, an esteemed surgeon with over four decades of experience.
Fireside Chat: A Surgeon’s Mission in Rwanda
We are delighted to welcome Mr. James Han Boon KONG for an insightful fireside chat conversation on his recent medical mission experience with Global Clinic in Butare, Rwanda. As an esteemed British surgeon with over 40 years of experience, Mr. KONG volunteered his...
Commonwealth Secretariat Strategic Plan 2021/22 – 2024/25
The Commonwealth Secretariat Strategic Plan 2021/22-2024/5 is a collaborative results framework publication drafted by the Commonwealth Secretariat. It is based on the principles of the Commonwealth Charter, the previous Strategic Plan (2017/18-2020/21), notes and recommendations from the Executive Committee and Board of Governors, internal and external documents such as the Forum of Small States, and mandates drafted during the Commonwealth Heads of Government meetings in the past decade.
Commonwealth Plasticity
The world can not recover from the impact of COVID-19 without an effective rules-based trading system that is both inclusive and sustainable. It will require members of the World Trade Organisation (WTO) to work in conjunction towards galvanizing multilateral trade to equip the Commonwealth states, as well as the rest of the world should they wish to partake, for any trade issues that may arise.
The Decentralised Commonwealth Dominance
Undoubtedly, trade is an essential element of sustainable economic development which has alleviated millions of individuals out of poverty worldwide. The importance of global trade to universal prosperity is showcased in the WTO’s membership which, over the 25 years since its establishment in the 1994 Marrakesh Agreement, has increased to 164 members, including 50 Commonwealth states, collectively constituting 96 per cent of global GDP.
How the presence of untrustworthy websites leads to consumer distrust
Tajdin Hassan, Chief Marketing Officer at Daraz Bangladesh, on the future of e-commerce platforms in Bangladesh: “The presence of untrustworthy websites that lead to consumer distrust remains a major issue for us”
Digital Services Tax: An Uncertain Future
In the midst of a raging pandemic as well as in its aftermath, the world has been gripped by digitalisation. Most companies have now transformed into digital entities, and most have a digital presence in almost all parts of the world.
Barrister Rashna Imam on the factors preventing women from entering the legal profession in Bangladesh
Barrister Rashna Imam is an Oxford scholar, an advocate of the Supreme Court of Bangladesh (both Divisions), and the Managing Partner of Akhtar Imam & Associates. Before joining Akhtar Imam & Associates, Rashna gained expertise as a corporate associate at Baker & McKenzie (London Office) through advising global giants like Arcelor Mittal and Schneider Electric on M&A and post-acquisition integration.