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Business

BIS chief says wholesale CBDCs are coming ‘really soon’
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16 November, 2023

BIS chief says wholesale CBDCs are coming ‘really soon’

Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a few years,...
Airbnb acquires AI startup for $200 million
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16 November, 2023

Airbnb acquires AI startup for $200 million

The $200 million acquisition of the 12-person startup Gameplanner.AI was a strategic move by Airbnb to propel the company's artificial...
US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023
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16 November, 2023

US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023

U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals...
UAE unveils new guidelines to curb unauthorized use of digital assets
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16 November, 2023

UAE unveils new guidelines to curb unauthorized use of digital assets

To combat illicit digital asset use, the United Arab Emirates released new guidelines that would help strengthen the region's financial...
SEBA secures license to offer regulated digital asset services in Hong Kong
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16 November, 2023

SEBA secures license to offer regulated digital asset services in Hong Kong

With its Securities and Futures Commission license, SEBA Hong Kong can now fully conduct digital assets-related products in the country....
Samsung’s Gauss AI model set to launch ahead of Apple for its devices
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15 November, 2023

Samsung’s Gauss AI model set to launch ahead of Apple for its devices

Samsung unveils Gauss, an AI chatbot for mobiles set to outpace Apple's advancements, offering varied functionalities and future integrations across...
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