News

BIS, 7 other banks publish CBDC policy, design considerations
-
6 December, 2024

BIS, 7 other banks publish CBDC policy, design considerations

The central banks included England, Japan and the European Union, and delved into privacy, preventing crime, the two-tier system, cybersecurity,...
Digital asset literacy dips; Australia university sets up education drive
-
6 December, 2024

Digital asset literacy dips; Australia university sets up education drive

Data collected by EdTech firm PiP World shows financial literacy dipping among digital asset users; elsewhere, Wollongong University launches initiatives...
US introduces bill demanding reports on AI in finance, housing
-
5 December, 2024

US introduces bill demanding reports on AI in finance, housing

After overseeing the digital asset space, Maxine Waters and Patrick McHenry recently introduced a bill that seeks to understand AI's...
This Week in AI: OpenAI’s Sora leaks; Amazon to launch Olympus
-
5 December, 2024

This Week in AI: OpenAI’s Sora leaks; Amazon to launch Olympus

OpenAI's Sora leakage highlights the firm's alleged unfair treatment of artists and the issue surrounding intellectual property; elsewhere, Amazon is...
Will Trump’s crypto plans boost or break the US dollar?
-
5 December, 2024

Will Trump’s crypto plans boost or break the US dollar?

A month after his win, Trump is presented with hurdles—pressure from crypto bros on having his BTC stockpile plans come...
Russia now treats digital assets as property as CBDC faces delay
-
5 December, 2024

Russia now treats digital assets as property as CBDC faces delay

Russia's new law caps the tax on digital asset profits at 15%; meanwhile, the Trade Ministry argues that retail outlets...