News

RBI says generative AI may contribute up to $438B to GDP
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26 November, 2024

RBI says generative AI may contribute up to $438B to GDP

The RBI claims generative AI will supply $359-438 billion to India's GDP by 2029-30, while firms' AI integration into production...
European Investment Bank issues €105M digital bond on HSBC Orion
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26 November, 2024

European Investment Bank issues €105M digital bond on HSBC Orion

Elsewhere, SBI and UBS have launched a pilot utilizing smart contracts to automate the administration of tokenized funds under Singapore’s...
Compass Mining breaks ground on new mining facility in Iowa
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25 November, 2024

Compass Mining breaks ground on new mining facility in Iowa

Compass Mining has expanded operations or launched new facilities across Indiana, Ohio, Texas, Nebraska, and Kentucky this year, as peers...
Lido DAO ruling, significant or not?
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25 November, 2024

Lido DAO ruling, significant or not?

Judge Vince Chhabria ruled that institutional investors of Lido DAO can potentially be held liable for actions of the decentralized...
Japan seeks approval for $141B economic stimulus package
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25 November, 2024

Japan seeks approval for $141B economic stimulus package

The Japanese gov't seeks approval for a JPY21.9 trillion economic stimulus package, which will likely include energy subsidies and tax...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

India discussing Unified Payments Interface expansion: RBI

Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...