Business

Beijing’s AIIB issues $300 million digital bond
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28 August, 2024

Beijing’s AIIB issues $300 million digital bond

AIIB's issuance taps Citi as the issuing agent, while BMO Capital Markets offers dealer services, leaning on their vast market...
Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator
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27 August, 2024

Kraken loses bid to dismiss SEC suit, loses fight with Aussie securities regulator

The next step in this long-running process between Kraken and the U.S. SEC is a case management conference on October...
IDC guide predicts worldwide AI spending to reach $632 billion by 2028
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27 August, 2024

IDC guide predicts worldwide AI spending to reach $632 billion by 2028

The IDC notes in its guide that the meteoric rise of generative AI systems over the last 24 months will...
Germany seizes 13 BTC ATMs, nearly $280K in fresh crackdown
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26 August, 2024

Germany seizes 13 BTC ATMs, nearly $280K in fresh crackdown

Germany’s financial market watchdog, BaFin, says the ATMs were operating illegally in breach of the country’s Banking Act and have...
Is BRICS about to announce a gold-backed currency?
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26 August, 2024

Is BRICS about to announce a gold-backed currency?

What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in...
Is AI hurting product sales? New study reveals consumer trust issues
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26 August, 2024

Is AI hurting product sales? New study reveals consumer trust issues

Many people believe AI is a revolutionary tech, but not all people are on board with this idea, with one...