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Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
Developing grassroots innovation in the Philippines: A Digital Pilipinas Festival 2023 discussion
At the Digital Pilipinas Festival 2023, four foreign investors weighed the Philippines' attractiveness for foreign investments and what sets the...
Kenya’s IT industry rejects robotics and AI bill
Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful...
Google pledges $26 million for AI training initiative in Europe
Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...
Philippines eyes wholesale CBDC in 2 years; retail version out of the picture
The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...
India expands CBDC project; plans programmability, offline use
In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
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