Article by Steve Kaaru
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15 May, 2024
Taiwan proposes two-year jail term for non-compliant VASPs in draft bill
The Ministry of Justice is behind the bill, which seeks to combat money laundering and fraud through digital assets, proposing...
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14 May, 2024
Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy
The National Bank of Rwanda published a paper examining the benefits, risks, and design principles of a token-based digital franc...
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14 May, 2024
CBDC eliminates barriers of the siloed financial system: Swiss National Bank
At a recent BIS event in Basel, Chairman Thomas Jordan discussed Project Helvetia III, including its benefits and some alternative...
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13 May, 2024
Microsoft invests $3.3 billion in Wisconsin AI data center
Microsoft will invest $3.3 billion until 2026, in addition to building an AI Co-Innovation Lab on the campus of the...
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13 May, 2024
Middle Eastern central banks eye CBDC for cross-border payments
At a recent World Economic Forum event, central bankers from Bahrain and Saudi Arabia discussed CBDC opportunities, from cross-border payments...
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13 May, 2024
CFTC proposes heightened penalties for AI misuse in financial markets
Commissioner Kristin Johnson also proposed the creation of a task force on AI fraud as the Commodity Futures Trading Commission...
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