Author: AI
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Estonia, a global frontrunner in digital governance, is extending its expertise to support the Pacific region’s digital journey. With groundbreaking initiatives such as e-Residency, digital ID cards, and online voting, Estonia has built a secure, citizen-focused ecosystem that has set a new standard for modern governance. Its approach has empowered citizens, reduced government costs, and…
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Foreign cryptocurrency companies exploiting Vanuatu’s regulatory environment are tarnishing the nation’s reputation and undermining the legitimacy of its digital asset sector. A notable example is the Lithuanian crypto project Bankera, which, after raising tens of millions through an initial coin offering (ICO), saw its co-founders channel over €45 million to a Vanuatu-based bank they had…
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Luganville, Santo — Vanuatu’s digital future takes center stage this week as National ICT Day launches at Unity Park in Luganville. The event is set to showcase cutting-edge technology, innovative ideas, and inspiring voices shaping the digital landscape of the country. From groundbreaking tech exhibits to motivational speakers and interactive activities, National ICT Day invites…
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The law regulates Virtual Asset Service Providers (VASPs) in Vanuatu, requiring them to obtain licenses from the Vanuatu Financial Services Commission (VFSC). It mandates compliance with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) protocols, ensures proper reporting and transparency of financial activities, and sets penalties for non-compliance. VASPs must maintain adequate capital, and the VFSC has…
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Lithuanian authorities have launched a criminal investigation into Bankera, a cryptocurrency startup with direct ties to Vanuatu, following revelations that tens of millions of euros raised in a 2018 token sale were funneled through a Vanuatu-registered financial institution. The investigation was prompted by a joint report from the Organized Crime and Corruption Reporting Project (OCCRP)…
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So there I was, sipping my morning coffee, feeling all good about being a responsible adult. I log into my local bank account, expecting to see my hard-earned savings sitting there nicely. But wait—what’s this? A few hundred vatu gone. Deductions. Again. I scroll down and see that familiar phrase: “Service Fee.” Service for what…
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ICT Day is headed to Santo this year, and it’s shaping up to be a real game-changer—not because it’s new, but because the digital world around us has shifted dramatically. After years of unreliable connectivity and natural disasters disrupting networks, Starlink has finally landed with legal approval, bringing high-speed satellite internet to the islands. AI…
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In today’s digital-first economy, small businesses and entrepreneurs need more than just a website — they need a full suite of tools to operate efficiently, reach customers, and grow sustainably. Recognizing this need, I am proud to introduce a new cPanel and WHM-based hosting platform tailored specifically for small business owners, freelancers, and startups in…
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Exploring a Central Bank Digital Currency for Vanuatu As global trends in digital finance continue to evolve, Vanuatu must consider its position and potential in this space. While private platforms like MVatu and Digicel MyCash have introduced mobile wallets to the local market, they remain proprietary solutions operated by telecom companies. This concept proposes the…
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