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Finance

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch
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12 July, 2024

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch

Despite Governor Yang Chin-long's protestations that central bank digital currency development is not a race, Taiwan seems to be steadily...
Ant Group’s blockchain units increased registered capital to $500M
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12 July, 2024

Ant Group’s blockchain units increased registered capital to $500M

The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for...
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...
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