Business

Indonesia CBDC trial enters second phase
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12 August, 2024

Indonesia CBDC trial enters second phase

The Bank of Indonesia conducted the first phase of its wholesale CBDC trial in the first half of 2024, focused...
Japan: SBI-backed ODX to list digital bonds following release of START
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11 August, 2024

Japan: SBI-backed ODX to list digital bonds following release of START

Osaka Digital Exchange is set to begin listing digital bonds that meet its strict requirements of complying with Know Your...
This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships
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10 August, 2024

This week in AI: Elon Musk pressured to fix Grok mess, OpenAI exec joins Anthropic, Palantir secures partnerships

This week in the AI, observers saw U.S. authorities dash to fix the chaos caused by Elon Musk's Grok, OpenAI's...
South Korea imposes new supervisory fees on top exchanges
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10 August, 2024

South Korea imposes new supervisory fees on top exchanges

Upbit is expected to cough out the largest amount at nearly $103,000 in the Financial Services Commission’s new and unexpected...
Malaysian firms could be transformed by AI: Lenovo exec
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10 August, 2024

Malaysian firms could be transformed by AI: Lenovo exec

Lenovo Malaysia General Manager Varinderjit Singh cited potential use cases for AI in manufacturing, including applications in predictive maintenance and...
NYAG outlines benefits and risks of AI in anticipation of potential regulation
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9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...
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