Business

Singapore central bank’s white paper explores standards, use cases for digital money
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26 June, 2023

Singapore central bank’s white paper explores standards, use cases for digital money

Singapore believes digital money would be key in revitalizing the future of the financial and payments sector, laying out standard...
Malaysia, China strike partnership to explore AI usage for cross-border blockchain-based applications
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26 June, 2023

Malaysia, China strike partnership to explore AI usage for cross-border blockchain-based applications

The research between China and Malaysia is part of China's government-to-government (G2G) initiative spearheaded by the Ministry of Science and...
BIS pushes for unified ledger to improve present state of tokenization
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26 June, 2023

BIS pushes for unified ledger to improve present state of tokenization

Head of the BIS Agustin Carstens said that the siloed approach to digital currencies poses unique challenges, arguing that interoperability...
EU consumer watch group urges regulators to investigate AI platforms
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25 June, 2023

EU consumer watch group urges regulators to investigate AI platforms

Thirteen consumer protection groups have warned EU regulators over the impending dangers to data protection, competition, and safety of AI...
Deutsche Bank seeks digital asset custody license as part of expansion strategy
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25 June, 2023

Deutsche Bank seeks digital asset custody license as part of expansion strategy

Deutsche Bank's application to offer digital asset custody to institutional clients forms part of its strategic plan to increase revenue...
South Korea: Major banks team up to create security token after greenlight from financial regulator
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25 June, 2023

South Korea: Major banks team up to create security token after greenlight from financial regulator

The alliance headed by NongHyup Bank plans to launch a platform for issuing token securities in the coming months, as...
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