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Business

Rabobank taps blockchain to improve commercial paper transactions
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3 March, 2024

Rabobank taps blockchain to improve commercial paper transactions

Rabobank's successful pilot initiative generated over €2 billion in commercial paper transactions, showcasing blockchain's broad use cases that go beyond...
Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries
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3 March, 2024

Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries

The proposed BRICS Bridge system draws inspiration from the BIS-backed mBridge platform, with China and the United Arab Emirates already...
Daiwa Securities introduces digital bonds leveraging Rakuten’s e-money for interest payments
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2 March, 2024

Daiwa Securities introduces digital bonds leveraging Rakuten’s e-money for interest payments

The new digital bond by capital market firm Daiwa Securities will be issued via MUFG's tokenization platform, Progmat, and is...
Russia moves ahead with plans to tokenize digital assets for cross-border trade
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2 March, 2024

Russia moves ahead with plans to tokenize digital assets for cross-border trade

The State Duma Committee has issued a green light for the proposed digital assets bill to proceed for a second...
Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse
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2 March, 2024

Saudi Arabia marks founding day with ‘Cultural Universe’ metaverse

The Cultural Universe metaverse platform provides users with information about key events in Saudi Arabia's history by simply approaching landmarks...
BSV Stories Episode 10: The future has already arrived in Nigeria
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1 March, 2024

BSV Stories Episode 10: The future has already arrived in Nigeria

In this episode of BSV Stories, we look at how blockchain technology is transforming Nigeria's economy, with aid from BSV...
Anti-CBDC bill introduced in US Senate
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1 March, 2024

Anti-CBDC bill introduced in US Senate

The five senators, led by Senator Ted Cruz, claim that a digital dollar is the Biden administration’s attempt to illegally...
Turkey’s two-tier CBDC to support programmable payments
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1 March, 2024

Turkey’s two-tier CBDC to support programmable payments

The digital lira will also focus on user privacy and only support one account per user, accessible through all intermediary...
BSV Network Access Rules—A conversation on X Spaces
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1 March, 2024

BSV Network Access Rules—A conversation on X Spaces

The BSV Association recently released its Network Access Rules, and a conversation occurred on X Spaces, clarifying the rules and...
FSB pushing forward with coordinated digital asset regulatory approach
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1 March, 2024

FSB pushing forward with coordinated digital asset regulatory approach

In a letter to finance ministers from the G20 countries ahead of the São Paulo meeting, the chairman of the...
Singapore lawmakers debate economic impacts of AI ahead of new budget launch
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1 March, 2024

Singapore lawmakers debate economic impacts of AI ahead of new budget launch

Singapore’s Members of Parliament said that the rapid adoption of AI may lead to job losses, particularly expressing concern about...
HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond
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1 March, 2024

HSBC, Bank of East Asia repurchase transaction uses Hong Kong’s digital green bond

Although instances of using digital bonds as collateral are sparse, HSBC and the Bank of East Asia found relative success...