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Finance

China strikes deal with Kazakhstan on cross-border CBDC
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11 July, 2024

China strikes deal with Kazakhstan on cross-border CBDC

With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
New blockchain solution eyed to support Dubai in global trade
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11 July, 2024

New blockchain solution eyed to support Dubai in global trade

Apart from its attempt to digitize commercial processes in the Gulf region, Dubai's blockchain integration is being seen as part...
India’s oldest metro service rolls out UPI payment-based ticketing system
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10 July, 2024

India’s oldest metro service rolls out UPI payment-based ticketing system

India's oldest metro adopts a UPI payment-based ticketing system, making travel more convenient among locals and speeding up the nation's...
Bahamas to force banks to support its CBDC
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10 July, 2024

Bahamas to force banks to support its CBDC

Since its launch in 2020, the Sand Dollar CBDC has failed to garner the expected uptake in the Bahamas, forcing...
North Carolina governor vetoes anti-CBDC bill
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9 July, 2024

North Carolina governor vetoes anti-CBDC bill

The North Carolina Governor said the bill was "premature, vague and reactionary and proposes an end result on important monetary...
India’s UPI digital payment makes foray into UAE
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9 July, 2024

India’s UPI digital payment makes foray into UAE

Indians traveling to the UAE will soon be able to utilize the local UPI in POS terminals across the Gulf...
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