Business

Sri Lanka’s central bank mulls CBDC launch before end of 2024
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29 January, 2024

Sri Lanka’s central bank mulls CBDC launch before end of 2024

To revitalize the financial sector, the Sri Lankan central bank pushes for the development of an accessible payment solution and...
Microsoft rides AI wave to $3 trillion valuation
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28 January, 2024

Microsoft rides AI wave to $3 trillion valuation

After briefly overtaking Apple as the world’s most valuable company, Microsoft has now joined the iPhone maker as the only...
After lifting of CBN ban, Nigerian startups are applying for licenses: report
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28 January, 2024

After lifting of CBN ban, Nigerian startups are applying for licenses: report

CBN lifted the ban in December, allowing Nigerian banks to serve virtual asset service providers (VASPs), and according to one...
Moody’s gives SGD Delta Fund on Libeara tokenization platform AA rating
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28 January, 2024

Moody’s gives SGD Delta Fund on Libeara tokenization platform AA rating

While the SGD Delta fund could've easily gotten an AAA rating on Moody's, its issuer's inexperience in managing unit trusts...
Deutsche Bank-backed Taurus approved to offer tokenized securities to retail clients
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27 January, 2024

Deutsche Bank-backed Taurus approved to offer tokenized securities to retail clients

Taurus received the regulatory nod from Switzerland’s FINMA, allowing retail clients to trade tokenized securities and digital assets on its...
Paper Ventures $25M blockchain VC fund targets early-stage startups
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27 January, 2024

Paper Ventures $25M blockchain VC fund targets early-stage startups

Instead of merely injecting funds into blockchain-based startups, Paper Ventures says it will provide technical and commercial direction for select...
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