Business

Finland wants to lead the metaverse race by 2035
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7 December, 2023

Finland wants to lead the metaverse race by 2035

As part of its plan to become the global leader in the metaverse race, Finland is eyeing the launch of...
Microsoft to expand AI infrastructure in UK via $3.2B initiative
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7 December, 2023

Microsoft to expand AI infrastructure in UK via $3.2B initiative

Microsoft invests $3.2B in U.K.’s artificial intelligence expansion, doubling its digital footprint, fueling talent development, enhancing infrastructure and safety measures...
SEC v Terraform Labs: Judge urged to decide whether digital assets are securities
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7 December, 2023

SEC v Terraform Labs: Judge urged to decide whether digital assets are securities

While the court may submit queries to the jury in resolving factual disputes, determining whether an asset is a security...
Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
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7 December, 2023

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features

India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...
Tether’s secret loans to ‘crypto’ heavies put under the spotlight
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7 December, 2023

Tether’s secret loans to ‘crypto’ heavies put under the spotlight

Tether's integrity is being put into question following DBM's release of a new report shedding light on the platform's questionable...
South Korea on the hunt for unlicensed digital asset exchanges
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7 December, 2023

South Korea on the hunt for unlicensed digital asset exchanges

The Financial Intelligence Unit has partnered with South Korea’s five leading exchanges to solicit reports on any unlicensed exchanges, after...
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