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Business

Sri Lanka’s central bank mulls CBDC launch before end of 2024
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29 January, 2024

Sri Lanka’s central bank mulls CBDC launch before end of 2024

To revitalize the financial sector, the Sri Lankan central bank pushes for the development of an accessible payment solution and...
Microsoft rides AI wave to $3 trillion valuation
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28 January, 2024

Microsoft rides AI wave to $3 trillion valuation

After briefly overtaking Apple as the world’s most valuable company, Microsoft has now joined the iPhone maker as the only...
After lifting of CBN ban, Nigerian startups are applying for licenses: report
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28 January, 2024

After lifting of CBN ban, Nigerian startups are applying for licenses: report

CBN lifted the ban in December, allowing Nigerian banks to serve virtual asset service providers (VASPs), and according to one...
Moody’s gives SGD Delta Fund on Libeara tokenization platform AA rating
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28 January, 2024

Moody’s gives SGD Delta Fund on Libeara tokenization platform AA rating

While the SGD Delta fund could've easily gotten an AAA rating on Moody's, its issuer's inexperience in managing unit trusts...
Deutsche Bank-backed Taurus approved to offer tokenized securities to retail clients
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27 January, 2024

Deutsche Bank-backed Taurus approved to offer tokenized securities to retail clients

Taurus received the regulatory nod from Switzerland’s FINMA, allowing retail clients to trade tokenized securities and digital assets on its...
Paper Ventures $25M blockchain VC fund targets early-stage startups
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27 January, 2024

Paper Ventures $25M blockchain VC fund targets early-stage startups

Instead of merely injecting funds into blockchain-based startups, Paper Ventures says it will provide technical and commercial direction for select...
Microsoft, Vodafone 10-year partnership will pave way for new AI services
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27 January, 2024

Microsoft, Vodafone 10-year partnership will pave way for new AI services

One area of the partnership focuses on generative AI, with Vodafone pledging to invest $1.5 billion to develop new AI...
India turns to blockchain for seed distribution as adoption soars
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27 January, 2024

India turns to blockchain for seed distribution as adoption soars

India harnesses blockchain technology in addressing issues, this time in Jharkhand's agricultural sector, with the region deploying a blockchain-based system...
US President Joe Biden’s Executive Order AI program launches
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26 January, 2024

US President Joe Biden’s Executive Order AI program launches

The National Artificial Intelligence Research Resource pilot program is up, and this initiative was born from Biden's Executive Order on...
70% of FINRA members’ digital asset communications violated rules: report
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26 January, 2024

70% of FINRA members’ digital asset communications violated rules: report

FINRA reviewed over 500 digital asset-related retail communications, of which 70% were found to have breached its rules to be...
Ethereum co-founders knew ETH was a security from the get-go, insider says
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26 January, 2024

Ethereum co-founders knew ETH was a security from the get-go, insider says

Ethereum insider Steven Nerayoff cements claims about Vitalik Buterin being one of "the biggest frauds," which he intends to detail...
SEC delays decision on BlackRock’s spot Ethereum ETF
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26 January, 2024

SEC delays decision on BlackRock’s spot Ethereum ETF

The U.S. securities regulator has postponed its decision on BlackRock’s proposed spot Ethereum ETF a day ahead of the deadline,...