Business

IOSCO lays out 9 policy recommendations addressing DeFi
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22 December, 2023

IOSCO lays out 9 policy recommendations addressing DeFi

IOSCO has released a set of nine policy recommendations to consider relating to DeFi, which complemented a set of recommendations...
Eurosystem seeks participants for blockchain-based payment with central bank money
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22 December, 2023

Eurosystem seeks participants for blockchain-based payment with central bank money

Eurosystem has initiated trials for blockchain-based interbank transfers, assessing solutions like Italy's TIPS Hash and France's Full-DLT, open to diverse...
Instagram’s new background editing tool is powered by AI
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22 December, 2023

Instagram’s new background editing tool is powered by AI

Instagram introduces Backdrop, an AI-driven background editing tool that promises to enhance user experiences through innovative image transformations.
JCB, Idemia CBDC pilot phase 2 focuses on offline functionality
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22 December, 2023

JCB, Idemia CBDC pilot phase 2 focuses on offline functionality

JCB and Idemia is moving to stage two of CBDC pilot with Soft Space, focusing on offline payments using near-field...
Revolut suspends digital currency services for UK, cites new FCA rules
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21 December, 2023

Revolut suspends digital currency services for UK, cites new FCA rules

Revolut has joined PayPal, Luno, and Bybit, which have suspended some of their digital currency services in the United Kingdom,...
TikTok’s parent company banned from using OpenAI API
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21 December, 2023

TikTok’s parent company banned from using OpenAI API

ByteDance's AI initiative, Project Seed, encountered a hiccup after OpenAI banned the firm from using its API over a breach...
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