
Article by Wahid Pessarlay
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5 June, 2023
Funds on payment platforms may not be FDIC insured, US regulators warn
The U.S. Consumer Financial Protection Bureau advises the public to be cautious in storing funds on payment platforms, stressing that...
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5 June, 2023
India: Financial institutions urged to leverage AI, blockchain for sustainable growth
Acknowledging the use cases and benefits of using AI and blockchain, Reserve Bank of india’s Mahesh Kumar Jain reiterates the...
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4 June, 2023
American Express cautiously experiments with generative AI
AmEx Senior VP Luke Gebb revealed that the company has no plans to launch its own LLM despite the popularity...
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3 June, 2023
Russian gov’t shelves plan for national digital currency exchange
The previous national digital currency exchange plans drew criticisms over its infrastructure risks and antitrust issues, as well as privacy...
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3 June, 2023
Laos gov’t plans to use blockchain to digitalize financial system
Laos' Prime Minister Siphandone stated that the country's lofty ambitions would be realized by infusing blockchain in official processes, including...
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2 June, 2023
Islamic Development Bank developing price stabilization system powered by blockchain
With blockchain technology, the Smart Stabilization System operates via an algorithm designed by SettleMint to prevent wild price swings triggered...
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