Business

Coinbase ex-product manager sentenced to 2 years in prison over insider trading
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11 May, 2023

Coinbase ex-product manager sentenced to 2 years in prison over insider trading

Ex-Coinbase product manager Ishan Wahi has been sentenced to two years in prison for insider trading he had committed while...
Google to release new AI tools in race against ChatGPT and Microsoft
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11 May, 2023

Google to release new AI tools in race against ChatGPT and Microsoft

Google unveils "PaLM 2," a major update to its PaLM large language model (LLM), as well as new features for...
Brazil’s central bank allows firms to participate in digital real CBDC pilot
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11 May, 2023

Brazil’s central bank allows firms to participate in digital real CBDC pilot

Participating financial institutions will be selected based on their previous experiences with distributed ledger technology with a preference for the...
France’s BNP Paribas partners with Bank of China to promote digital yuan usage
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11 May, 2023

France’s BNP Paribas partners with Bank of China to promote digital yuan usage

A digital management system for corporate clients will encourage "efficient and real-time" adoption of China's CBDC, according to a statement...
Deloitte turns to blockchain for improved KYC processes
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11 May, 2023

Deloitte turns to blockchain for improved KYC processes

The accounting firm plans to launch a "credential wallet" designed to operate as a browser extension that will not require...
Bank of Canada launches CBDC consultation
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10 May, 2023

Bank of Canada launches CBDC consultation

While a digital dollar “is not needed at this time,” the Bank of Canada wants to be ready as it...