Deputy Inspector of Banks, Non-Banks and Payment Systems Oversight, Michelle Francis-Pantor, says the Central Bank is monitoring the use of cryptocurrency in the region.

Cryptocurrency is a digital or virtual currency designed to work as a medium of exchange in place of money. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency.

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THE T&T Manufacturers’ Association supports the imposition of a “reasonable and equitable” property tax on residential properties, provided there are tangible results from this new income source, newly re-elected president Roger Roach has said.

AFTER four consecutive years of declining profit, the West Indian Tobacco Company Ltd (WITCO) saw its first increase in profits in five years, attributing this turnaround to rising local sales and the successful entry into the Colombian market.

COMPANIES that fail to use artificial intelligence (AI) may be out of business in the next five years.

That is the perspective of strategic adviser and executive coach Shane Ram.

But while the conversation around using AI is ongoing, a critical point to note is people’s adaptability to the technology, he said.