Business

Philippine central bank extends ban on new e-money license applications
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2 January, 2024

Philippine central bank extends ban on new e-money license applications

To modify the e-money industry, the Philippine central bank laid out an exemption for EMI-NBFI entrants after a decision was...
Generative AI may inject $1.5T to India’s economy by 2030: report
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31 December, 2023

Generative AI may inject $1.5T to India’s economy by 2030: report

India's GDP could grow to $1.5 trillion by 2030, thanks to the massive potential of generative AI, but an EY...
Norway’s fifth round of CBDC trials focuses on wholesale aspects
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31 December, 2023

Norway’s fifth round of CBDC trials focuses on wholesale aspects

In a 20-page report, the Norges Bank said the likelihood of conducting retail central bank digital currency experiments could be...
Pakistan adopts blockchain KYC platform for financial institutions
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31 December, 2023

Pakistan adopts blockchain KYC platform for financial institutions

Pakistan's central bank has approved blockchain KYC for banks, boosting security and efficiency with privacy measures, uniformity, cost savings, and...
India’s GIFT City gears up for real-world asset tokenization
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31 December, 2023

India’s GIFT City gears up for real-world asset tokenization

The GIFT City in India is adopting regulated blockchain for real estate tokenization, as the International Financial Services Center Authority...
Osaka Digital Exchange launches digital securities platform
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31 December, 2023

Osaka Digital Exchange launches digital securities platform

With the growing interest in security tokens in Japan, ODX launched its START platform offering customers investment opportunities and providing...
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