Author: SAMUEL

The Ghana Gold Board (GoldBod) has officially commenced the nationwide enforcement of the mandatory use of GoldBod receipts by all licensed gold buyers across the country. The new enforcement regime, announced in a press statement on Monday, August 18, 2025, is aimed at strengthening transparency, accountability, and integrity within Ghana’s gold trade. According to GoldBod, the issuance of GoldBod receipts by licensed aggregators, self-financed aggregators, as well as Tier 1 and Tier 2 buyers, is now a compulsory requirement for the purchase and sale of gold. The receipt serves as the official proof of transaction and a critical condition for…

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Charles O. Parks III, also known as “CP3O,” was sentenced today in federal court in Brooklyn by U.S. District Judge Eric Komitee to one year and one day in prison for operating a large-scale illegal cryptojacking scheme in which he defrauded two cloud computing providers of over $3.5 million in computing resources to mine nearly $1 million in cryptocurrency. Parks pleaded guilty to wire fraud in December 2024 and was ordered to forfeit $500,000 and a Mercedes-Benz purchased with proceeds from the scheme, with restitution to be determined later. Prosecutors charged Parks with wire fraud, money laundering, and unlawful monetary…

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Executive Director of Ghana Education Watch (Eduwatch), Kofi Asare, has called for support for the Ghana Tertiary Education Commission (GTEC) in its efforts to expose fake academic credentials. Kofi Asare commended GTEC for consistently calling out individuals with questionable academic titles, urging the public to rally behind the Commission. “Ghana Tertiary Education Commission is doing a very good job by calling out those with fake academic titles. Let’s support them,” he wrote in a Facebook post. His comments follow GTEC’s caution to Deputy Minister of Health, Dr. Grace Ayensu-Danquah, over her claims of holding the academic rank of professor. In…

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Back in 2007, a 19-year-old Australian student named Melanie Perkins noticed something: design was too complicated. At the time, if you wanted to create a poster, a flyer, or even a simple presentation, you had to spend hours learning tools like Photoshop. And for many, it felt overwhelming. Melanie thought — What if design could be as simple as dragging and dropping? Together with Cliff Obrecht (her co-founder and now husband), they started with a small idea called Fusion Books, a tool to help schools design yearbooks easily. It worked so well that teachers and students loved it. That little…

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The Thai government is launching a new initiative called “Touristdigipay” on Aug.18, to boost its tourism sector. The scheme allows foreign tourists to convert their cryptocurrencies into Thai Baht to use for payments. The program is a direct response to a decline in tourism, particularly from China. To participate, visitors must open an account with a digital asset business and an e-money provider, both of which are regulated by the SEC and the Bank of Thailand (BOT). The scheme will operate within a regulatory sandbox to ensure proper oversight and prevent the direct use of crypto as payment. Participants must…

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Metaplanet Inc. (Tokyo Stock Exchange: 3350) announced the purchase of an additional 775 bitcoin at an average price of ¥17,720,023 per coin (totaling ¥13.733 billion), bringing its cumulative holdings to 18,888 bitcoin at an overall average cost of ¥15,041,118 (aggregate ¥284.097 billion). The company also reported its key performance indicators for its Bitcoin Treasury Operations: BTC Yield of 41.7% (July–September 2024), 309.8% (October–December 2024), 95.6% (January–March 2025), 129.4% (April–June 2025) and 29.3% (July 1–August 18 2025), with BTC Gain and BTC ¥ Gain metrics reflecting accretive performance exclusive of dilution https://lovinghananews.com/trump-tariffs-and-tornado-cash/ Source:news.bitcoin.com

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Last week, Donald Trump reminded traders that he can still move markets with a tweet, a tariff, or a firing. Crypto whipsawed on his words and actions. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump as Market Catalyst The bitcoin lows around $116,000 mentioned in the newsletter two weeks ago did, in fact, break down. The price dipped to $112K before rebounding past $116K to $117K. At the time of writing it is once again drifting toward $116K, but unlike two…

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The World Bank, much like the IMF, has called on Ghana to reduce the Bank of Ghana’s footprint in the FX market and allow more exchange rate flexibility. But such prescriptions, while neat in theory, ignore Ghana’s lived context and risk undoing the very stability they claim to promote. Let’s be clear: Ghana’s recent progress is not accidental. It is the outcome of deliberate, legally mandated, and carefully sequenced policy actions. Under the Bank of Ghana Act, the central bank is charged with stabilising the currency, managing reserves, and regulating the FX market. These are not indulgences, they are constitutional…

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In the late 1990s, a group of ambitious entrepreneurs came together to build PayPal, an online payment system that was later acquired by eBay in 2002 for $1.5 billion. But that was just the beginning. The early employees and founders of PayPal, later known as the “PayPal Mafia,” went on to shape Silicon Valley and the broader tech industry. Some names you’ll know: – Elon Musk went on to build Tesla and SpaceX. – Peter Thiel – co-founded Palantir and became Facebook’s first outside investor. – Reid Hoffman founded LinkedIn. – Steve Chen, Chad Hurley, and Jawed Karim co-founded YouTube.…

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Flights to resume this evening with gradual ramp up over coming days MONTRÉAL, August 17, 2025 – Air Canada said it plans to resume flights today after the Canadian Industrial Relations Board (CIRB) acted on a directive from The Honourable Patty Hajdu, the Federal Minister of Jobs and Families, referring the airline’s contract negotiations with the Canadian Union of Public Employees (CUPE) to final binding interest arbitration. The directive, under section 107 of the Canada Labour Code, and the CIRB’s order, ends the strike at Air Canada that resulted in the suspension of more than 700 flights. The CIRB has…

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