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Business

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
Laser Digital opens new hub in Japan after wins in Dubai, Abu Dhabi
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8 October, 2023

Laser Digital opens new hub in Japan after wins in Dubai, Abu Dhabi

Laser Digital, backed by Nomura, expands to Japan after its success in the United Arab Emirates, offering global digital currency...
Jamie Dimon: AI will be integrated into every JPMorgan process
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8 October, 2023

Jamie Dimon: AI will be integrated into every JPMorgan process

The JPMorgan CEO Jamie Dimon noted that the firm is experimenting with artificial intelligence in trading and research, with the...
Argentina’s CBDC project hangs in balance as nation prepares for presidential polls
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8 October, 2023

Argentina’s CBDC project hangs in balance as nation prepares for presidential polls

The upcoming presidential elections will not only be historical for the future of Argentina but will also be pivotal in...
BIS completes wholesale CBDC trial for FX, cross-border payments
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7 October, 2023

BIS completes wholesale CBDC trial for FX, cross-border payments

In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...
Philippine Blockchain Week 2023 opens discussion on women’s position in tech space
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7 October, 2023

Philippine Blockchain Week 2023 opens discussion on women’s position in tech space

On Day 3 of the Philippine Blockchain Week 2023, three panelists seek to find the position of women in the...
Visa sets up $100M fund for AI commerce, payments
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7 October, 2023

Visa sets up $100M fund for AI commerce, payments

Visa has acknowledged the possible use of generative AI in the financial sector, announcing a $100 million fund to support...
Hong Kong: SFC, police form ‘crypto’ taskforce as JPEX converts to DAO
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7 October, 2023

Hong Kong: SFC, police form ‘crypto’ taskforce as JPEX converts to DAO

The new working group will facilitate information sharing between the two on exchange breaches; meanwhile, JPEX converted user funds to...
FireSats is a new BSV wallet for NFT lovers
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6 October, 2023

FireSats is a new BSV wallet for NFT lovers

The "FireSats BSV Web3 wallet" is a fully self-custodial BSV wallet with an emphasis on tokens, supporting the 1SatOrdinals and...
UK plans to launch Digital Securities Sandbox in 2024
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6 October, 2023

UK plans to launch Digital Securities Sandbox in 2024

Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as...
Philippines: DTI’s request for $3.5M AI center funding rejected anew
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6 October, 2023

Philippines: DTI’s request for $3.5M AI center funding rejected anew

The DTI has been requesting PHP200 million (US$3.5 million) to establish an AI research and development center, but the request...
Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis
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6 October, 2023

Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis

Once a global hotspot, Eastern Asia has dropped below its peers after China banned digital assets, but Hong Kong is...