Today’s newsletter centers around Bitcoin’s fourth halving is set to occur tomorrow. There has been plenty of coverage and price predictions. Mick Roche from Zodia Markets provides a straightforward explanation of how the Bitcoin halving works, why it matters, and how it could potentially impact bitcoin’s price.

The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot the cNGN stablecoin in its regulatory sandbox. The new stablecoin is to be launched on Feb. 27, 2024. 

Starting this year, almost 6,000 South Korean officials will be obliged to publicly disclose their crypto holdings. The country’s Ministry of Personnel Management said on Dec. 27 2023 that information about government officials’ private holdings of crypto assets will be included in the Public Official Ethics System

The Central Bank of Kenya said "pain points" in the country's payments systems can be addressed by innovations structured around the existing ecosystem and that a central bank digital currency (CBDC) "may not be a compelling priority."

The center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain technology in China. The institution will reportedly train more than 500,000 specialists in distributed ledger technology (DLT)

Nigeria's government approved a national blockchain policy on Wednesday as part of the country's effort to transition to a digital economy.

The county of Santa Cruz in Northern California is one of the latest to adopt and implement blockchain-based solutions on a governmental level

After Danish logistics firm Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on blockchain applications in global trade.

Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology he believes will trigger a “deep fake” identity crisis.

Jair Bolsonaro, the president of Brazil set to leave office on Dec. 31, has signed a bill aimed at legalizing the use of crypto as a payment method within the country.