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CUDBA

Unified Digital Finance Network for the Commonwealth Era

CUDBA Dr. Anshul Gupta (Director- Realis Finance) -
The Commonwealth Digital Financiers Network, Premier Network for Digital Bankers, is a collaborative alliance under the Commonwealth Union umbrella...

700 million Women Remain Unbanked Globally Despite Gains in Financial Inclusion, World Bank Finds

Commonwealth Business Roshan Abayasekara -
Account ownership among women in both low- & middle-income economies (LMICs) increased to 73% in 2024, up 7 percentage...
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Debanking: More Financial Exclusion?

Commonwealth Business Dr. Anshul Gupta (Director- Realis Finance) -
Debanking is the practice whereby banks close accounts or refuse to provide financial services to individuals or businesses, often...

Real Estate and Airlines Embrace Digital Assets

Commonwealth Business Dana de Silva -
Recent moves by Dubai in collaboration with Crypto.com and other partners have shown just how seriously the emirate is...

Trump-linked world’s first tokenized hotel venture to rise in the Maldives!

Asia Sarojini P -
World’s first tokenized hotel project   The Maldives (Commonwealth Union)_ A major step forward in the fusion of luxury hospitality and...

Madras High Court Declares Cryptocurrency as Property

Commonwealth Business Dana de Silva -
A recent ruling by the Madras High Court in India has become a watershed for cryptocurrency. In the case...

The Clock Is Ticking for Canada’s Stablecoin Revolution

Commonwealth Business Dana de Silva -
In a decisive move to protect its financial sovereignty and keep pace with technological change, the Canadian government is...

The Donation Dilemma: Why Malta Rejected Millions in Crypto

Commonwealth Business Dana de Silva -
Cryptocurrency exchange Binance made headlines again, but this time not for trades or tokens, but rather for a charitable...

Bitcoin Battles for Direction After a Week of Market Carnage

Commonwealth Business Dana de Silva -
After last week's dramatic sell-off that wiped out hundreds of billions of dollars of value from the digital-asset market,...

Gemini Ignites Australia’s Regulated Crypto Revolution

Commonwealth Business Dana de Silva -
Cryptocurrency exchange Gemini has unveiled plans for the establishment of a dedicated Australian entity. This signifies a strategic effort...

Bitcoin Hits Historic High Above $125,000 — What’s Driving the Surge?

Commonwealth Business Dana de Silva -
Recently, Bitcoin has been receiving a lot of limelight since it recorded a new all-time high of over $125,000...

Swipe, Scan, Spend: How Crypto Powers Daily Life in South Africa

Commonwealth Business Dana de Silva -
South Africa is quickly becoming a pacesetter among nations that adopt cryptocurrencies for daily purchases. While overseas headlines focus...

Nauru’s Digital Leap: Can Crypto Save Its Economy?

Commonwealth Business Dana de Silva -
Nauru is a small country, but its economic story is one of tragedy. Rich because of phosphate mining, the...

Tonga Trials Bitcoin with RexoSwap Support

Commonwealth Business Dana de Silva -
RexoSwap, the US Money Services Business (MSB)-regulated digital asset trade platform, has launched a pilot program in Tonga enabling...

Has Fiji Banned Crypto: Innovation Halted or Risk Averted?

Commonwealth Business Dana de Silva -
In a dramatic move that has attracted global attention, the Reserve Bank of Fiji (RBF) has given a blanket...

Crypto Spotlight: Gemini’s Stellar Start and What’s Next

Commonwealth Business Dana de Silva -
The recent public flotation of Gemini, the crypto exchange founded by the Winklevoss twins, is a milestone for the...

Will Blockchain Reach the Last Mile in Papua New Guinea?

Commonwealth Business Dana de Silva -
In a country known more for its rainforests and coffee beans than high-tech finance, Papua New Guinea (PNG) is...

Could Malaysia’s New Crypto Tax Help Shape a Safer Digital Economy?

Commonwealth Business Dana de Silva -
Malaysia will soon introduce a new tax on cryptocurrency transactions, one that holds the promise of redefining cryptocurrency trades...

BTCC and Jaren Jackson Jr Change the Crypto Game

Commonwealth Business Dana de Silva -
In a compelling collision of sport and crypto finance, BTCC—the world's longest-running cryptocurrency exchange—has joined forces with NBA superstar...

Crypto ATMs Banned in New Zealand — Are Other Countries Next?

Commonwealth Business Dana de Silva -
On 17 July 2025, New Zealand became the latest country to be added to the growing list of countries...

Is Crypto the Future of Australia’s Pension System?

Commonwealth Business Dana de Silva -
In the last several months, global finance has been reshaped by trends like the rise of cryptocurrency pension funds...

Crypto for Citizenship? Dominica’s Bold Strategy for Economic Resilience

Commonwealth Business Dana de Silva -
Most people associate the Caribbean with images of powdery white sand beaches, reggae bass lines, and rum-soaked sunsets. But...

How Antigua and Barbuda Are Attracting Crypto Entrepreneurs

Commonwealth Business Dana de Silva -
In Antigua and Barbuda's gleaming twin islands, a quiet revolution hums along the palms rising in luxurious breezes. Here,...

How Trinidad’s Carnival Is Going Crypto

Commonwealth Business Dana de Silva -
On an island where steelbands once echoed across swaying palm fronds and carnival spirits floated even in the drizzling...

Why Saint Lucia Is the Caribbean’s Next Digital Frontier

Commonwealth Business Dana de Silva -
The Caribbean has been a hotbed of innovation, whether in music and culture or tourism and agriculture. But now,...

How Guyana Is Positioning Itself in the Global Crypto Landscape

Commonwealth Business Dana de Silva -
Guyana, named after the “land of many waters,” is embarking on a vibrant, whimsical crypto journey that is as...

Palm Trees, Passports & Private Keys: Inside St. Kitts & Nevis’ Digital Gold Rush

Commonwealth Business Dana de Silva -
While many still associate St. Kitts & Nevis with luxury resorts, steel drums, and yacht-studded harbours, the twin-island nation...

Belize’s Unlikely Role in the Crypto Revolution

Commonwealth Business Dana de Silva -
In the last few years, this small Central American nation with British colonial roots has quietly become one of...

Wealth in the West Indies: How Jamaica Is Innovating Its Economy

Commonwealth Business Dana de Silva -
When most people think of Jamaica, they imagine sun-drenched beaches and reggae echoing across the streets of Kingston. But...

Why Crypto Entrepreneurs Are Relocating to Barbados

Commonwealth Business Dana de Silva -
In the last couple of years, Barbados has been a surprise leader in the adoption of cryptocurrency and blockchain...

How Canada Is Shaping the Future of Digital Assets

Commonwealth Business Dana de Silva -
Canada, in particular, has become a very crypto-friendly nation—embracing digital assets with a regulatory system that is relatively advanced...

Brain Chips, AI Crackdowns, and Space Internet: The Tech Future Is Arriving Faster Than You Think

Commonwealth Science & Tech Piumi Fernando -
In a series of recent changes, global technology and regulatory landscapes are undergoing important shifts due to corporate decisions,...

US-Pakistan Oil Pact: Opportunity or Overhyped Promise?

Asia Sarojini P -
Pakistan (Commonwealth Union)_ The United States and Pakistan have inked a new trade deal to increase energy cooperation and...

Rakbank Recently Enabled Cryptocurrency Trading in the UAE—Here’s Why

CUDBA Asanga Divulweva -
In a landmark move for the UAE’s banking sector, Rakbank—formerly the National Bank of Ras Al Khaimah—has become the...

Crypto Crackdown or Control? NZ’s ATM Ban Raises Eyebrows

CUDBA Piumi Fernando -
In a major step to strengthen defenses against financial crimes, New Zealand has announced a nationwide ban on cryptocurrency...

Rumble + MoonPay = The Future of Creator Payments? Bitcoin Is Now in the Mix

Commonwealth Science & Tech Piumi Fernando -
Rumble, a well-known video platform, has announced a partnership with MoonPay to launch a new Bitcoin and cryptocurrency wallet...

Forget Silicon Valley—This Island Is the New Capital for Digital Pioneers!

Commonwealth Diaspora Sarojini P -
Singapore (Commonwealth Union)_ Balaji Srinivasan, a popular Indian-origin entrepreneur and former CTO of Coinbase, has acquired a private island...

Markets Sink Worldwide: Why Traders Are Fleeing to Safety Amidst Uncertainty

CUDBA Ishini Dabare -
A new round of sweeping tariffs announced by U.S. President Donald Trump has sent shockwaves through global financial markets,...

Rwanda’s Crypto Revolution: Will New Laws Protect Traders or Stifle Innovation?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ The National Bank of Rwanda (NBR) and the Capital Market Authority (CMA) have unveiled a...

Thousands Trapped in Myanmar Cyber Scam Centers Finally Freed—Is This the End of the Network?

CUDBA Ishini Dabare -
Authorities across Southeast Asia are intensifying efforts to crack down on cyber scam centers operating along the Thai-Myanmar border,...

Australian Fintech Industry Struggles Amidst Global Trends

Commonwealth Science & Tech Piumi Fernando -
The Australian fintech industry has witnessed a notable contraction, with the number of active blockchain firms in 2024 experiencing...

Duct Tape, a Banana and Millions: A Viral Stunt or Cultural masterpiece?

Commonwealth Entertainment Ishini Dabare -
Maurizio Cattelan first unveiled his controversial artwork, Comedian, a banana duct-taped to a wall at Art Basel Miami Beach...

The Race to Power AI: A Balancing Act Between Innovation and Efficiency

Commonwealth Science & Tech Piumi Fernando -
A new Australian technology promises to reduce the computing power required by generative AI (genAI) systems by two-thirds, providing...

Trump’s Department of Efficiency? Musk and Ramaswamy to lead against Bureaucracy

CUDBA Ishini Dabare -
President-elect Donald Trump announced the appointment of billionaire Elon Musk and biotech investor Vivek Ramaswamy to lead a new...

Is Collaboration the Key to Nigeria’s Anti-Corruption Fight?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ The Economic and Financial Crimes Commission (EFCC) chairman, Olanipekum Olukayode, emphasized the importance of collaboration...

Forty-seven Indians Rescued from cyber scam centers

Asia admin -
The Indian Embassy in Laos announced the successful rescue of 47 Indian nationals who were trapped in cyber scam...

India to regulate cryptocurrency

Commonwealth Business Suraj Atapattu -
India (Commonwealth) _ India's government is moving in the right path by preparing to regulate cryptocurrencies. A consultation document,...

Make informed financial decisions

Commonwealth Healthcare S De Silva -
Healthcare, Australia (Commonwealth Union) – Spending patterns are crucial indicators of an individual's financial habits and overall economic health....

`AI Godfather’ advises UK government to adopt UBI

Commonwealth Science & Tech Piumi Fernando -
Geoffrey Hinton, widely celebrated as the "Godfather of AI," recently provided crucial advice to members of the United Kingdom's...

Cryptocurrency in Nigeria

Africa Warsha De Silva -
Africa (Commonwealth Union) _ In a significant legal development, one of the top executives from Binance, the world's leading...

Cryptocurrencies reshape the economy

Commonwealth Science & Tech S De Silva -
Science & Technology (Commonwealth Union) – In the past few years, cryptocurrencies have emerged from the fringes of the...

Could NFTs replace art?

Commonwealth Science & Tech S De Silva -
Science & Technology (Commonwealth Union) – Non-Fungible Tokens (NFTs) are a form of digital asset that have gained significant...

World Economic Forum’s 2024 cryptocurrency vision

Commonwealth Business Suraj Atapattu -
UK (Commonwealth) _ The five-day World Economic Forum (WEF) Davos conference began on January 15 and is focused on...

AI revolutionizes Indian weather forecasting 

Commonwealth Science & Tech Piumi Fernando -
India (Commonwealth)_  In a groundbreaking initiative, the Indian Meteorological Department (IMD) is poised to usher in a new era of...

Exploring the world of cryptocurrency mining

Commonwealth Science & Tech S De Silva -
Science and Technology (Commonwealth Union) – Cryptocurrency mining has emerged as a key component of the decentralized digital economy,...

Exploring the roots of the digital menace of malware

Commonwealth Science & Tech S De Silva -
Science & Technology (Commonwealth Union) – In the vast landscape of the digital world, where information traverses at the...

Sumsub launches Non-Document Verification solution in South Africa, Nigeria, Kenya, Ghana 

Commonwealth Development Suraj Atapattu -
Africa (Commonwealth) _ With the release of its Non-Document Verification solution, Sumsub has made it possible for its clients...

PM Modi lauds Balaji S Srinivasan 

Commonwealth Diaspora Sarojini P -
USA (Commonwealth Union)_ In response to a post on X, Prime Minister Narendra Modi commended Indian-American entrepreneur and investor...

The basketball superstar, the Crypto King, and the $8.4 million mansion.

Canada and Caribbean Wasana Nadeeshani -
Commonwealth _ Canadian professional basketball player Shai Gilgeous-Alexander's spring move into an $8.4 million lakefront mansion took an unexpected...

Singapore’s billion-dollar money launderers…

Commonwealth Business Suraj Atapattu -
Singapore (Commonwealth) _ One of the ten people charged in Singapore's largest money-laundering investigation may face extra forgery charges...

Crypto trading with Quantum AI

Commonwealth Science & Tech Piumi Fernando -
Canada (Commonwealth) As the world of cryptocurrency trading continues to flourish, it's crucial to have the right tools at...

Singapore seizes…

Commonwealth Business Suraj Atapattu -
Singapore (Commonwealth) _ In one of the city-state's largest money laundering investigations, Singaporean officials seized or frozen assets worth...

G20 Summit 2023: Major accomplishments…

Asia Sarojini P -
India (Commonwealth Union)_ The G20 Summit 2023 unfolded over two days in the national capital, New Delhi, with the...

The Nigerian Central Bank missed the chance to…

Africa Warsha De Silva -
Africa (Commonwealth Union) _ A consortium of Nigerian digital asset experts convened at the Stakeholders in Blockchain Technology Association...

Canada’s Breakthrough Against…

Commonwealth Education Piumi Fernando -
Canada (Commonwealth)_The rapid rise of cryptocurrencies has undoubtedly brought about incredible innovation and financial opportunities. However, along with the...

Regulations on cold calling for England and Wales to be…

CUDBA S De Silva -
Europe UK (Commonwealth Union) – In a significant step towards implementing the government's Fraud Strategy, a comprehensive plan to...

PM Lee targeted…

Asia Valentina Bowling -
Fake advertisements using Prime Minister Lee Hsien Loong’s name and image to promote crypto scams, among others, have been...

Increase in Malware Attacks

Commonwealth Science & Tech Piumi Fernando -
India (Commonwealth)_India has witnessed a concerning surge in malware attacks during the first half of 2023, with a notable...

A scam Investment fraud…!

CUDBA Suraj Atapattu -
Australia (Common Wealth) _   According to recent Scamwatch data, Australians lost almost $205 million to scams between 1 January...

Can African industrialization be green?

Africa Warsha De Silva -
AFRICA ( Commonwealth Union) _ Africa is facing significant economic and environmental challenges due to climate change, with potential...

B.C. crypto business allegedly committed fraud, according to the Securities Commission Social Sharing

CUDBA Wasana Nadeeshani -
Canada_ (Commonwealth) _ The B.C. Securities Commission claims that a now-defunct cryptocurrency exchange with headquarters in Nanaimo, British Columbia,...

B.C. crypto business allegedly committed fraud, according to the Securities Commission Social Sharing

Canada and Caribbean Wasana Nadeeshani -
Canada_ (Commonwealth) _ The B.C. Securities Commission claims that a now-defunct cryptocurrency exchange with headquarters in Nanaimo, British Columbia,...

Police say a senior from Burnaby lost $7.5 million in a sophisticated cryptocurrency fraud.

Canada and Caribbean Wasana Nadeeshani -
Canada_ (Commonwealth) _ According to authorities, a senior from Burnaby, British Columbia, lost more than $7.5 million as a...

Crypto wants market stability and regulation

Africa Warsha De Silva -
AFRICA ( commonwealth Union ) _ The second-largest population of cryptocurrency owners in the world is in Africa. Three...

FCA officials warn a parliamentary committee in the United Kingdom on crypto regulations.

CUDBA Mayondi Maralande -
Officials from the Financial Conduct Authority (FCA) recently warned a parliamentary committee in the United Kingdom that the regulation...

Do you know where Crypto Is Going?

CUDBA Mayondi Maralande -
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates independently of a...

Fed governor’s warning to crypto investors

CUDBA Mayondi Maralande -
Federal Reserve Governor, Lael Brainard, has issued a warning to crypto investors, stating that the lack of regulation in...

Singapore and the United Kingdom Expand Fintech and Sustainable Finance Cooperation

CUDBA Mayondi Maralande -
At the eighth UK-Singapore Financial Dialogue in Singapore, the two governments agreed to a Memorandum of Understanding on the...

Cryptocurrency idea pitched by Silicon Valley investor Tim Draper rejected by Sri Lanka

Asia Savithri Rodrigo -
By Savithri Rodrigo Colombo Sri Lanka (Commonwealth Union)_American billionaire and cryptocurrency evangelist Tim Draper who was in Sri Lanka to...

Cryptocurrencies seeing bleak year ahead resulting from weak global economic headwinds

Commonwealth Science & Tech Savithri Rodrigo -
Business_It may have been the hottest thing since white bread but Cryptocurrencies are slowly emerging from the carnage of...

Maker of Bitcoin hardware wallet Foundation Devices completes $7mn seed round

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ Olaf Carlson-Wee created Polychain Capital in 2016. Prior to starting Polychain, Carlson-Wee was an employee of Coinbase...

Business downturn, layoffs, and recruiting freeze

CUDBA Wasana Nadeeshani -
By Wasana Nadeeshani (Commonwealth) _ According to Labour Ministry sources, Sri Lanka's business operations are now decreasing and are projected...

Latest cryptocurrency lender to declare bankruptcy cites FTX exposure

Commonwealth Business Wasana Nadeeshani -
(Commonwealth Union) BlockFi, a cryptocurrency lender, filed for Chapter 11 bankruptcy protection on Monday, becoming the market's latest failure...

US Senator claims cryptocurrency will destroy the economy – the community responds

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ Since the situation began to unravel days before it declared bankruptcy on November 11, the entire industry...

HashFlare founders arrested in ‘astonishing’ $575 million cryptocurrency scam scheme

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_The two creators of the now-defunct Bitcoin cloud miner HashFlare were detained in Estonia on suspicion of participating...

MiCA law is good news for cryptocurrency players?

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ According to Martin Bruncko, Binance's executive vice president of Europe, smaller cryptocurrency exchanges and start-ups could gain...

Twitter reportedly halts work on a cryptocurrency wallet, causing Dogecoin to fall 10%

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union) _As part of ongoing changes initiated last week by its new owner, Elon Musk, the social media...

A research paper explains why the cryptocurrency market may be on the cusp of a turnaround

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ Analysts are busy examining the key market swings that occurred in October, as November begins. While Bitcoin...

Britain’s new Prime Minister is a supporter of cryptocurrency. Will he help the sector?

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ Cryptocurrency corporations and investors in the United Kingdom have high hopes that new Prime Minister Rishi Sunak...

After a ‘Potential Exploit’ drained an estimated $100M in cryptocurrency, BNB Chain stopped

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_ On-chain evidence suggested that a "possible exploit" may have targeted cryptocurrency valued at hundreds of millions of...

Do Kwon’s $40 million in cryptocurrency is reportedly frozen by South Korea. The founder of Luna claims the money is not his.

Commonwealth Science & Tech Mayondi Maralande -
(Commonwealth Union)_According to reports, Kwon Do-hyeong (also known as Do Kwon), a co-founder of Terraform Labs, had approximately $40...

Cryptocurrency exchange to reward Indian Olympians

CUDBA Michael Alfonsia -
MUMBAI (CU)_So far, India has gone to claim 1 silver medal and 3 bronze medals at the ongoing Tokyo...

The cryptocurrency boom among farmers

CUDBA Michael Alfonsia -
NAIROBI (CU)_Over the recent past, there has been growing interest among the global community regarding cryptocurrencies, with certain regulators...

Police seize record $400 million in cryptocurrency

CUDBA Michael Alfonsia -
LONDON (CU)_Over the recent months, many governments across the globe have begun clamping down on the cryptocurrencies as regulators...

The Pavilions Hotels & Resorts welcomes cryptocurrency transactions

Commonwealth Travel Michael Alfonsia -
With cryptocurrency becoming the newest way for people to pay for just about anything that had a hint of...

More Australians optimistic about the future of cryptocurrency

CUDBA Michael Alfonsia -
SYDNEY (CU)_A recent study conducted by comparison website Finder, one in three Australians believe that cryptocurrencies will eventually be...

Landon Cassill Is The First NASCAR Driver To Be Paid In Cryptocurrency

Commonwealth Science & Tech Michael Alfonsia -
There is a recent rise in cryptocurrency sponsorships in the motorsport world, but this week had a first: Landon...

Goldman Sachs banker quits, making millions on cryptocurrency

Commonwealth Science & Tech admin -
A Goldman Sachs executive has resigned following cashing in a fortune from a cryptocurrency investment. Aziz McMahon, Goldman’s managing director...

Cryptocurrency : ‘Internet computer’: Latest cryptocurrency value surges to $58 billion

Commonwealth Science & Tech Michael Alfonsia -
A new digital coin has already reached in the top 10 cryptocurrencies – and it has big ambitions to...

India to reportedly propose cryptocurrency ban, penalising miners, traders

Asia Michael Alfonsia -
NEW DELHI (CU)_India will propose a law to ban cryptocurrencies and impose penalties on anyone who is holding or...

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