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News

(AI) World models should not be generative
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27 June, 2024

(AI) World models should not be generative

Artificial intelligence is just an interesting illustration, and all AI models should not be generative as they cannot be in...
Switzerland extends CBDC trial by 2 years after promising early results
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27 June, 2024

Switzerland extends CBDC trial by 2 years after promising early results

Project Helvetia III will continue its run until 2026, with more firms expected to join the initiative, laying a solid...
Japan’s 3 largest banks to partner on blockchain-powered digital identity
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27 June, 2024

Japan’s 3 largest banks to partner on blockchain-powered digital identity

Mizuho, MUFG and SMBC are working on a new digital identity solution stored on users’ devices and secured by blockchain...
Tencent to participate in mBridge MVP
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27 June, 2024

Tencent to participate in mBridge MVP

Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
Malaysia and Philippines celebrate 60 years of diplomatic ties with focus on tech and innovation
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27 June, 2024

Malaysia and Philippines celebrate 60 years of diplomatic ties with focus on tech and innovation

The Embassy of Malaysia, supported by Digital Pilipinas and GeiserMaclang, celebrated the 60th anniversary of Malaysia-Philippines diplomatic relations with talks...
Apple won’t launch AI features in Europe this year, cites complex EU rules
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26 June, 2024

Apple won’t launch AI features in Europe this year, cites complex EU rules

The new Digital Markets Act will deny EU iPhone users the new Apple Intelligence AI features, according to Apple, although...
2024’s memecoin surge is proof positive that ‘crypto’ is dead
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26 June, 2024

2024’s memecoin surge is proof positive that ‘crypto’ is dead

While justice has yet to fully catch up with individuals and groups tied to digital currency crimes, a new wave...
IKEA meets the metaverse, but blockchain’s still in the waiting room
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26 June, 2024

IKEA meets the metaverse, but blockchain’s still in the waiting room

IKEA and Roblox merged this week, opening "The Co-Worker Game" on Roblox's virtual-world platform—IKEA describes it as "the brand's first...
Eurosystem announces 48 participants in DLT trials
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26 June, 2024

Eurosystem announces 48 participants in DLT trials

For the upcoming trials in July, DLT operators, comprising 48 private firms, will pilot cross-border and PvP transactions in an...
AI-blockchain fusion is the killer app, FICO’s Scott Zoldi tells CoinGeek Backstage
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26 June, 2024

AI-blockchain fusion is the killer app, FICO’s Scott Zoldi tells CoinGeek Backstage

In this interview with CoinGeek Backstage, Scott Zoldi details the vital collaboration between firms, regulators and experts for responsible AI...
Spain’s BBVA to launch digital bank in Germany by 2025
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26 June, 2024

Spain’s BBVA to launch digital bank in Germany by 2025

BBVA has expanded aggressively in Italy, where it now has 500,000 clients on its digital banking platform, and it plans...
Nomura subsidiary Laser Digital obtains license to operate in the UAE
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26 June, 2024

Nomura subsidiary Laser Digital obtains license to operate in the UAE

The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...