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News

US advocacy group seeks ties with India on pending tech regulations
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17 June, 2024

US advocacy group seeks ties with India on pending tech regulations

While India sees itself as a nation poised to become a significant player in the global tech space, several issues...
ASEAN countries join hands for AI development
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17 June, 2024

ASEAN countries join hands for AI development

The ten members of the Association of Southeast Asian Nations have established a working group on AI governance and reiterated...
Project Leonidas update: Italian banks complete wholesale CBDC trial
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16 June, 2024

Project Leonidas update: Italian banks complete wholesale CBDC trial

The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
HSBC extends digital yuan services for corporate clients, eyes new use cases
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16 June, 2024

HSBC extends digital yuan services for corporate clients, eyes new use cases

With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI
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16 June, 2024

Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI

In terms of capabilities, Qwen2 could challenge existing AI models developed by tech giants OpenAI and Meta, with features such...
Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud
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15 June, 2024

Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud

As more transactions are done online, the risk of fraudulent activities increases, forcing the Reserve Bank of India to set...
Intel, African Development Bank to train millions in AI
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15 June, 2024

Intel, African Development Bank to train millions in AI

Intel has joined hands with the AfDB to train three million Africans and 30,000 government officials in AI, as the...
Russia to start using CBDC for international payments in 2025
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15 June, 2024

Russia to start using CBDC for international payments in 2025

Influential legislator Anatoly Aksakov says CBDC payments will be the norm in the next five years, and Russia will be...
ADB embraces AI across several verticals, from economics to devops
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15 June, 2024

ADB embraces AI across several verticals, from economics to devops

The ADB has voiced its support on AI adoption, with plans to use the tech in improving gov't processes, economics...
Zetly: A two-year journey from concept to MVP and listing
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14 June, 2024

Zetly: A two-year journey from concept to MVP and listing

Zetly has achieved significant milestones over the past two years, and despite challenging market conditions, the team has pursued the...
BSV DevCon 2024 highlights: Yes, please do look behind the curtain
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14 June, 2024

BSV DevCon 2024 highlights: Yes, please do look behind the curtain

The BSV DevCon 2024, though a side event of the London Blockchain Conference, was a gathering worthy of recognition, with...
Digital assets are legal property: Dubai commercial court grants Huobi appeal in stolen coins case
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14 June, 2024

Digital assets are legal property: Dubai commercial court grants Huobi appeal in stolen coins case

The Huobi v. Tabarak case spotlights how the law should apply to digital assets, possibly shaping how jurisdictions worldwide view...