Business

Brazil’s BV Bank tests car sales ahead of DREX CBDC pilot
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13 April, 2024

Brazil’s BV Bank tests car sales ahead of DREX CBDC pilot

BV Bank has been testing the viability of DvP settlements in car sales transactions, which involves the simultaneous transfer of...
Japanese companies push for stricter AI regulation to prevent social order collapse
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13 April, 2024

Japanese companies push for stricter AI regulation to prevent social order collapse

In a joint manifesto, Nippon Telegraph and Telephone (NTT) and Yomiuri Shimbun Group note that rapid AI innovation could trigger...
AI-powered editing tools coming to Google Photos in May
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12 April, 2024

AI-powered editing tools coming to Google Photos in May

Starting May 15, Google Photos users will have unrestricted access to AI editing tools such as Magic Eraser, Photo Unblur,...
Uniswap talks tough as SEC warns of imminent DeFi enforcement action
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12 April, 2024

Uniswap talks tough as SEC warns of imminent DeFi enforcement action

Uniswap is next to face legal wrath, with the U.S. securities regulator issuing a Wells notice, which the DEX founder...
Zimbabwe launches new gold-backed currency, but age-old challenges remain
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12 April, 2024

Zimbabwe launches new gold-backed currency, but age-old challenges remain

It was the U.S. dollar and South African rand, and then Zimbabwe switched to a USD-backed bond note, then the...
Sony Bank explores yen-pegged stablecoin
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12 April, 2024

Sony Bank explores yen-pegged stablecoin

Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
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