The new AI excellence center led by Microsoft and PwC Middle East will focus on equipping the local workforce with artificial intelligence skills to keep up with the growing demand for machine learning experts.
The PwC report found four key areas that regulators focused on, with Japan, Mauritius, and the Bahamas among 23 countries that delved into all four areas.
The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime real estate to test CBDCs, given the diversity of currencies in the area.
The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
A report by PwC shows revealed that funding in Indian startups dipped 40% in Q2, with digital currency startups feeling the most heat as funds dry up.
The PwC Global CBDC Index placed Nigeria and the Bahamas at the top of the retail CBDC developments, with Thailand and Hong Kong leading the wholesale sector.
Sri Lanka’s Cabinet approved the formation of a committee that will study digital assets, blockchain technology, digital banking and block reward mining.
PwC published its inaugural Global CBDC Index recently, measuring global central banks’ maturity level in deploying their own digital currency.
PriceWaterhouseCoopers (PwC), one of the quartet that make up the world’s “big four” auditing firms, is ready to take its blockchain and cryptocurrency involvement to a new level.
In an attempt to regain some footing and possibly some of the public trust it has lost, Tezos entered a deal with PricewaterhouseCoopers (PwC), which will “act as the external auditor for the Foundation’s finances and operations.”
