Business

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...
SEBA Bank rebrands as AMINA, pledges improved range of services for customers
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7 December, 2023

SEBA Bank rebrands as AMINA, pledges improved range of services for customers

SEBA Bank, now AMINA, promises improved global customer services; CEO Franz Bergmueller shares a transformative vision, impacting subsidiaries beyond Switzerland.
China 3-year Action Plan involves deploying metaverse in key sectors of the economy
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7 December, 2023

China 3-year Action Plan involves deploying metaverse in key sectors of the economy

China reveals a Three-Year Action Plan to integrate the metaverse, emphasizing cultural, educational, and entertainment sectors, aiming to set global...
South Africa weighs licenses for 36 VASPs
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6 December, 2023

South Africa weighs licenses for 36 VASPs

Of the 128 applications it has received, only 36 had met all the conditions and their licensing would be considered...
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