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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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Capitalising Angel Investment Strategies for Commonwealth Africa’s Startups
The Commonwealth Chamber of Commerce is delighted to present to you an all new fireside chat with the African Business Angel Network (ABAN) on the role of angel investment networks in transforming the entrepreneurial ecosystem of Africa.
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