Finance

Pakistan warms up to digital assets with new bill
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15 November, 2024

Pakistan warms up to digital assets with new bill

The new State Bank of Pakistan Act allows the top bank to issue a CBDC and legalizes digital currencies, but...
UBS pilots Digital Cash for cross-border payments
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14 November, 2024

UBS pilots Digital Cash for cross-border payments

The pilot participants conducted local transactions in Swiss francs and global transfers in USD, euros, and yuan for faster and...
India eyes more CBDC use cases; no target date for rollout
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14 November, 2024

India eyes more CBDC use cases; no target date for rollout

India continues to explore new use cases for its digital rupee, with RBI Governor Shaktikanta Das saying there is no...
Ant International, Standard Chartered lay out blockchain pilot
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14 November, 2024

Ant International, Standard Chartered lay out blockchain pilot

Standard Chartered completed Singaporean dollar-denominated liquidity transfers between its entities across borders on Ant International’s Whale blockchain platform
Swiss National Bank wary of Bitcoin and Ethereum
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13 November, 2024

Swiss National Bank wary of Bitcoin and Ethereum

Swiss National Bank Chairman Martin Schlegel highlighted how the volatility of digital currencies made them impractical for payments, adding to...
Kenya collects $78 million in digital currency taxes
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13 November, 2024

Kenya collects $78 million in digital currency taxes

The Kenya Revenue Authority is working with the central to initiate more effective tax measures as it targets $465 million...
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