Business

China working on CBDC guide to make digital yuan more accessible to foreign users
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27 March, 2024

China working on CBDC guide to make digital yuan more accessible to foreign users

The People’s Bank of China—the country's central bank—and its Digital Currency Research Institute have published a guide for foreign tourists...
EU opens probe against Alphabet, Apple, Meta over Digital Markets Act non-compliance
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26 March, 2024

EU opens probe against Alphabet, Apple, Meta over Digital Markets Act non-compliance

The various investigations by the European Union are to be concluded within 12 months, after which the Commission will inform...
German regulator BaFin calls for responsible AI use and regulation that avoids unnecessary bureaucracy
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26 March, 2024

German regulator BaFin calls for responsible AI use and regulation that avoids unnecessary bureaucracy

Bafin's Director, Dr. Thorsten Pötzsch, has highlighted the need for practical EU regulation and also called for companies to "manage...
Universal Digital Payments Network opens digital currency sandbox
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26 March, 2024

Universal Digital Payments Network opens digital currency sandbox

Developed by Red Date Technology, UDPN aims to support interoperability between digital currencies, tokenized deposits, CBDCs, and stablecoins.
Oracle adds new generative AI functionality for cloud application users
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26 March, 2024

Oracle adds new generative AI functionality for cloud application users

Software firm Oracle has confirmed that the new AI capabilities will be native to the Oracle Fusion Cloud Applications Suite.
Israel completes blockchain-based bond tokenization pilot
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26 March, 2024

Israel completes blockchain-based bond tokenization pilot

The Israeli Ministry of Finance recently published a report on Project Eden, which listed efficiency, transparency, and enhanced security as...
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