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Article by Steve Kaaru

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...
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...
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...
Singapore’s central bank expresses money laundering concerns with digital assets
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26 June, 2024

Singapore’s central bank expresses money laundering concerns with digital assets

While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...

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