#EthiopianFinance For nearly three decades, commercial banks have been vehicles in facilitating public share offerings, leveraging their extensive branch networks to raise capital. However, the new mandate from ECMA demands a securities broker license for these activities, changing how banks operate. With a minimum capital requirement of six million Birr for this license, banks are now forced to rethink their strategies, potentially impacting their role in the financial ecosystem.
#EthiopianFinance For nearly three decades, commercial banks have been vehicles in facilitating public share offerings, leveraging their extensive branch networks to raise capital. However, the new mandate from ECMA demands a securities broker license for these activities, changing how banks operate. With a minimum capital requirement of six million Birr for this license, banks are now forced to rethink their strategies, potentially impacting their role in the financial ecosystem.
Some messages aren’t supposed to last forever. There are some Telegram groups and conversations where it’s best if messages are automatically deleted in a day or a week. Here’s how to auto-delete messages in any Telegram chat. You can enable the auto-delete feature on a per-chat basis. It works for both one-on-one conversations and group chats. Previously, you needed to use the Secret Chat feature to automatically delete messages after a set time. At the time of writing, you can choose to automatically delete messages after a day or a week. Telegram starts the timer once they are sent, not after they are read. This won’t affect the messages that were sent before enabling the feature.
How Does Bitcoin Mining Work?
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.
