On March 4, 2024, Amazon Web Services (AWS) announced a strategic investment of over $5.3 billion USD to establish a new AWS cloud infrastructure region in Saudi Arabia. In tandem with this move, AWS has partnered with Saudi AI company HUMAIN to create a regional AI Innovation Zone that will play a pivotal role in…
In the last few years, GitOps has redefined how we manage infrastructure — bringing version control, automation, and declarative configuration to the forefront of DevOps. But in recent years, we’re seeing a new shift emerging: PromptOps — where large language models (LLMs) start acting as copilots, agents, and even orchestrators for DevOps workflows. The question…
Apache Kafka has become the go-to solution for building scalable, real-time data pipelines. But its traditional reliance on local disk I/O and intra-cluster replication often comes at a steep operational and financial cost — especially in cloud-native environments. Enter KIP-1150: Diskless Topics, a proposal led and open-sourced by Aiven, that radically simplifies Kafka’s architecture by…
To qualify for preferential tax treatment, Seychelles licensees (under the Securities Act or Mutual Fund and Hedge Fund Act) must meet substantial activity requirements. Here’s what’s required: 1. Core Income Generating Activities must be performed in Seychelles These activities must be carried out at the business premises or office of the licensee in Seychelles. They…
For forex brokers, securing a PSP or EMI account often feels like the biggest hurdle. With regulatory scrutiny, risk profiling, and tightening onboarding criteria, getting approved is no small win. But the real challenge starts after that. ✅ Approval isn’t the finish line—it’s just the beginning. Going Live? Getting Approved Is Just the Beginning: Here’s…
As companies grow internationally, the licensing landscape becomes more fragmented and difficult to manage. From shifting regulatory expectations to structural requirements across jurisdictions, expansion isn’t just about ambition—it’s about alignment. Businesses in fintech, forex, gaming, and crypto, face unique challenges when expanding globally. Navigating global operations need a partner who can provide clarity, structure, and…
An Electronic Money Institution (EMI) license in Cyprus is a type of authorization granted by the Central Bank of Cyprus (CBC) that allows companies to issue, store, and manage electronic money (e-money) and provide payment services. To obtain an EMI license, the company must meet certain requirements, such as having adequate capital, a sound business…
The Financial Services Commission, Mauritius (FSC) is releasing the following proposed legislations for public consultation, in an effort to enhance investor protection and maintain a transparent rule-making process: a) Securities (Amendment) Act 2023 b) Financial Services (Amendment) Act 2023 c) Securities (Central Depository, Clearing and Settlement) (Amendment) Act 2023 d) Securities (Consumer Duty) Rules e)…
The FSA is actively engaged in the development of a new legislative framework designed to enhance the licensing, regulation, and supervision of entities offering services associated with virtual assets. This initiative involves revisiting the Virtual Asset (VA)/Virtual Asset Service Providers (VASP) National Risk Assessment, initially published in 2022. The objective is to ensure a comprehensive…