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South Korea commits $14.5 million to experiment with CBDC, digital vouchers
South Korea is doubling down on its blockchain investment, with the latest being a $14.5 million investment to explore CBDC...
UAE opts for US over China on AI collaboration
Omar Al Olama, the UAE’s Minister of State for AI, revealed the country’s stance in an interview, saying, “There is...
BIS: 9 new wholesale CBDCs to be launched by 2029 as retail CBDC interest wanes
The Bank for International Settlements has slashed its expectation of retail CBDC launches by 2029 to 6 from 11, but...
SM Entertainment founder pushes for AI, blockchain adoption in K-pop
Lee Soo-man, founder of South Korean multinational entertainment agency SM Entertainment, urged industry participants to increase the adoption metrics for...
African ministers adopts landmark AI strategy to drive digitalization
Africa's Continental AI Strategy explores the potential use cases for AI in areas like education, skills acquisition, agriculture, manufacturing, and...
BIS newly-opened Toronto Innovation Hub focuses on open finance
Miguel Diaz, who previously led payment systems at the Bank of Mexico, will head the new hub, which will serve...
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