WAO ART #465

Ethereum experienced its largest daily gains in three years, surpassing Mastercard and LVMH in market cap. The surge in Ethereum's price was triggered by news of a potential approval for a spot Ethereum ETF. The price of Ethereum jumped from less than $3,100 to over $3,800 in just 24 hours.

The U.S. House of Representatives has passed the FIT21 Crypto Bill. The bill aims to bring clarity and order to the crypto market. It received bipartisan support with 279 in favor and 136 against. Notable support came from 71 Democrats, including Nancy Pelosi.

Nigeria has appointed new members to its Blockchain Policy Steering Committee. The committee aims to ensure comprehensive representation from both the public and private sectors. The Director-General of the Nigerian Information Technology Agency announced the addition of new stakeholders.

Hong Kong central bank is studying the impact of AI on banking jobs and skills. HKMA urges financial institutions to plan manpower development and training strategies. Some banks have already re-skilled their staff for new roles in preparation for technological advancements.

Google plans to build a subsea fiber optic cable connecting Africa and Australia. The cable, called Umoja Fiber, will pass through several African countries before crossing the Indian Ocean to Australia. Umoja will provide more reliable connectivity for African countries and the rest of the world.

Smartlynx Airlines (6Y) has delivered the first Airbus A321F to Levu Air Cargo under a dry-lease agreement. The new cargo carrier became the first airline in Brazil and South America to operate the Airbus A321 freighter. The freighter will also be registered under Levu Air Cargo.

NatPower Marine and Peel Ports Group are developing green shipping corridors between Ireland and the UK. The project aims to establish the UK's first commercial electric ship charging network. The network will be implemented across all eight UK and Irish ports operated by Peel Ports Group.