09-20-2024
Steve Kaaru
Author
Article by Steve Kaaru
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17 April, 2024
Global securities watchdogs’ association IOSCO to focus on tokenization, AI
IOSCO has revised its annual work plan to include a renewed focus on tokenization while also monitoring the implementation of...
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17 April, 2024
Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented...
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16 April, 2024
Stablecoins gaining traction in cross-border payments: Report
The Bernstein report notes that payment giants like Visa and PayPal and regional fintech firms are increasingly using stablecoins to...
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16 April, 2024
Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals and businesses...
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15 April, 2024
Consumers must be notified of AI-generated content under Pennsylvania’s new bill
The new bill passed with a 146-54 vote but is opposed by tech giants and a local business lobby group...
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15 April, 2024
World Bank exploring Swiss franc digital bond settling in wholesale CBDC
Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s...
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12 April, 2024
Zimbabwe launches new gold-backed currency, but age-old challenges remain
It was the U.S. dollar and South African rand, and then Zimbabwe switched to a USD-backed bond note, then the...
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12 April, 2024
Sony Bank explores yen-pegged stablecoin
Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
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11 April, 2024
Metaverse has critical role in medical tourism hitting $200B by 2027: report
A report by Omnia Health says medical tourism faces challenges the metaverse can solve, such as stressful pre-travel arrangements and...
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11 April, 2024
Financial industry bodies defend permissionless blockchains against Basel Committee’s classification
Basel Committee on Banking Supervision published a report in December claiming that all permissionless blockchains are risky and banks must...
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11 April, 2024
Hong Kong’s largest digital bank pursues stablecoin issuers
ZA Bank will offer stablecoin issuers accounts for cash reserves and is exploring possibly custodying stablecoins and other digital assets...
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10 April, 2024
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...
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