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Article by Steve Kaaru

Singapore’s central bank expresses money laundering concerns with digital assets
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26 June, 2024

Singapore’s central bank expresses money laundering concerns with digital assets

While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
DLT importance shoots up in 2024, but public blockchains’ market share dips: report
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25 June, 2024

DLT importance shoots up in 2024, but public blockchains’ market share dips: report

The report by ISSA revealed that the strategic importance of distributed ledger technology has increased by 9% in 2024, with...
Turkey eyes 0.03% tax on digital asset transactions: report
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24 June, 2024

Turkey eyes 0.03% tax on digital asset transactions: report

The new tax is part of a larger proposal by the Erdogan government to raise $7 billion to plug a...
nChain Web3 event app showcases the power of blockchain: Thomas Moretti
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24 June, 2024

nChain Web3 event app showcases the power of blockchain: Thomas Moretti

Thomas Moretti heads the nChain product development team behind the app used at ComplexCon Hong Kong. He says the app’s...
BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes
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22 June, 2024

BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes

The Bank for International Settlements has slashed its expectation of retail CBDC launches by 2029 to 6 from 11, but...
BIS newly-opened Toronto Innovation Hub focuses on open finance
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21 June, 2024

BIS newly-opened Toronto Innovation Hub focuses on open finance

Miguel Diaz, who previously led payment systems at the Bank of Mexico, will head the new hub, which will serve...
Hong Kong Treasury chief: We’re leading in Web3 with digital currency ETFs, enabling regulations
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20 June, 2024

Hong Kong Treasury chief: We’re leading in Web3 with digital currency ETFs, enabling regulations

Christopher Hui had been on a European tour, pushing Hong Kong as the premier Web3 hub with its digital currency...
Bank of Thailand starts trial for programmable payments
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19 June, 2024

Bank of Thailand starts trial for programmable payments

To qualify, applicants must solve DLT payments and settlements, operate an escrow service with programmable payments, or offer asset tokenization.
Morocco to use AI in courts
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18 June, 2024

Morocco to use AI in courts

Moroccan courts will use artificial intelligence to transcribe judges’ verdicts—a departure from manual writing—and conduct research into archived legal texts.
Simit Naik: nChain’s ComplexCon Hong Kong app a landmark for blockchain adoption
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17 June, 2024

Simit Naik: nChain’s ComplexCon Hong Kong app a landmark for blockchain adoption

With over 30,000 attendees, ComplexCon Hong Kong was a perfect testing ground for onboarding users into digital collectibles and exclusive...
ASEAN countries join hands for AI development
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17 June, 2024

ASEAN countries join hands for AI development

The ten members of the Association of Southeast Asian Nations have established a working group on AI governance and reiterated...

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