Business

China eyes cross-border trade with Singapore as CBDC nears $250B transactions
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26 July, 2023

China eyes cross-border trade with Singapore as CBDC nears $250B transactions

Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
Celsius Network victims could see funds before end of 2023: WSJ
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25 July, 2023

Celsius Network victims could see funds before end of 2023: WSJ

Approval for the settlements will see court on August 10, paving the way for 30K claims worth $78 billion to...
Nasdaq halts digital asset custody plans due to regulatory concerns
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25 July, 2023

Nasdaq halts digital asset custody plans due to regulatory concerns

CEO Adena Friedman says it’s not the right time, citing the “shifting business and regulatory environment,” although Nasdaq will continue...
OpenAI, Meta, Google commit to voluntary AI safeguards
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25 July, 2023

OpenAI, Meta, Google commit to voluntary AI safeguards

A key pledge is that the companies will ensure their AI products are safe before introducing them to the public....
Worldcoin launches, token pumps, Orbs multiply, suspicion mounts
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25 July, 2023

Worldcoin launches, token pumps, Orbs multiply, suspicion mounts

Worldcoin attempts to introduce online biometric identity verification via scanning the irises of everyone on the planet, although progress on...
Bongbong Marcos: Filipinnovation and digitalization at the heart of Philippines’ economic development
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25 July, 2023

Bongbong Marcos: Filipinnovation and digitalization at the heart of Philippines’ economic development

In his second State of the Nation address, the Philippines’ President Ferdinand “Bongbong” Marcos Jr. presented the concept of "Filipinnovation"...
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