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Business

China supreme court adds ‘virtual assets’ to anti-money laundering law
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21 August, 2024

China supreme court adds ‘virtual assets’ to anti-money laundering law

China's Supreme People's Court and the Supreme People's Procuratorate announced that under the new interpretation of the law, "virtual asset"...
Zumo joins the Abu Dhabi Sustainable Finance Declaration
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21 August, 2024

Zumo joins the Abu Dhabi Sustainable Finance Declaration

Zumo has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing the platform's commitment to a greener financial services industry as...
Tokenized shares in trading cards? CardShares and SmartLedger build platform with wide-ranging potential
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21 August, 2024

Tokenized shares in trading cards? CardShares and SmartLedger build platform with wide-ranging potential

CardShares has developed a blockchain-based market that can fractionalize ownership of rare cards, allowing investors to acquire 20% shares in...
Tokenized deposits gaining traction in India, central bank says
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21 August, 2024

Tokenized deposits gaining traction in India, central bank says

Michael Debabrata Patra, deputy governor of the RBI, believes that tokenized deposits have various use cases in cross-border and domestic...
DBS streamlines liquidity management with new blockchain token
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21 August, 2024

DBS streamlines liquidity management with new blockchain token

The "DBS Treasury Tokens" are expected to revolutionize liquidity management for global corporations while optimizing internal and external processes.
New York’s financial regulator seeks digital currency, AI expert for policy unit
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20 August, 2024

New York’s financial regulator seeks digital currency, AI expert for policy unit

The role falls under the NYDFS's Innovation Policy Unit, and successful applicants are expected to conduct both qualitative and quantitative...
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