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Finance

UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
HSBC issues digital bond; HKMA aligns OTC with European laws
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4 October, 2024

HSBC issues digital bond; HKMA aligns OTC with European laws

The Hong Kong dollar-denominated bond is the first digitally native bond by a private sector entity in Hong Kong, building...
Using a Bitcoin wallet for CBDC remittances
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3 October, 2024

Using a Bitcoin wallet for CBDC remittances

Central bank digital currencies herald a revolution in the global payments industry, offering numerous benefits to merchants and service providers,...
Central Bank of Ireland wants to democratize finance
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2 October, 2024

Central Bank of Ireland wants to democratize finance

Deputy Governor of the Central Bank of Ireland, Derville Rowland, believes the clarity of the EU's MiCA regulations will enable...
Is BRICS’ new gold-backed currency imminent?
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30 September, 2024

Is BRICS’ new gold-backed currency imminent?

With BRICS' expansion comes its ambition to create a gold-backed currency that would challenge the U.S. dollar and euro, a...
Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs
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30 September, 2024

Hong Kong expands e-HKD; Canada, Australia abandon retail CBDCs

Hong Kong’s HKMA launched the second phase of its CBDC pilot, while Canada and Australia are shifting their focus from...
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