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Business

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...
California waters down AI safety bill to appease industry opposition
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20 August, 2024

California waters down AI safety bill to appease industry opposition

With input from Anthropic, lawmakers proceeded with the amendments to the SB-1074 bill, including limiting enforcement penalties and criminal perjury...
Fugitive Christen Ager-Hanssen bankrupted by UK court order
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20 August, 2024

Fugitive Christen Ager-Hanssen bankrupted by UK court order

A U.K. court has reportedly dismissed Christen Ager-Hanssen’s attempt to bargain for more time to pay the roughly £95,000 debt...
India central bank: Integration of advanced technologies in financial sector brings opportunities, risks
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20 August, 2024

India central bank: Integration of advanced technologies in financial sector brings opportunities, risks

To mitigate the risks in finance, Shri Swaminathan J said that regulators must adopt a more agile approach, developing regulatory...
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