Business

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...
South Korea investing $7 billion in AI to stay ahead of the curve
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12 April, 2024

South Korea investing $7 billion in AI to stay ahead of the curve

South Korean President Yoon Suk Yeol has confirmed the country’s intention to invest $6.9 billion in supporting the local AI...
Microsoft new London hub to ‘drive pioneering work’ on AI models
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11 April, 2024

Microsoft new London hub to ‘drive pioneering work’ on AI models

Led by ex-Inflection and Deepmind engineer Jordan Hoffmann, the London AI hub will employ in-house AI experts with most team...
Metaverse has critical role in medical tourism hitting $200B by 2027: report
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11 April, 2024

Metaverse has critical role in medical tourism hitting $200B by 2027: report

A report by Omnia Health says medical tourism faces challenges the metaverse can solve, such as stressful pre-travel arrangements and...
European regulators say MEV mining techniques may be ‘market abuse’
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11 April, 2024

European regulators say MEV mining techniques may be ‘market abuse’

ESMA and MiCA do not propose that all maximal extractable value (MEV) techniques are considered market abuse, but if service...
India’s central bank allows non-banking payment operators to offer CBDC wallets
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11 April, 2024

India’s central bank allows non-banking payment operators to offer CBDC wallets

India's central bank is doubling down on its CBDC initiatives, announcing plans to make the digital rupee more accessible to...
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