Global
Global: BIS and Central Banks Successfully Test Cross-Border Trading of CBDCs
The Bank for International Settlements (BIS) and three central banks have concluded a significant central bank digital currency (CBDC) project. Known as “Project ...
Global
Global: BIS Leverages DeFi Principles in Successful Cross-Border wCBDC Experiments
In a collaborative effort, the Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have achieved successful tests ...
Global
Global: ChatGPT’s Internet Browsing Capability Expands Beyond 2021 Information
Artificial intelligence firm OpenAI has announced a significant update to ChatGPT, allowing it to browse the internet and incorporate up-to-date information into its ...
Global
Global: MoneyGram to Introduce Noncustodial Crypto Wallets by Q1 2024
MoneyGram, a prominent payment processing company, is preparing to launch its very own noncustodial cryptocurrency wallet, as unveiled by the company’s CEO, Alex ...
Global
Global: Shanghai Court Recognizes Bitcoin as Legal Digital Currency in China
In a significant development, the Shanghai No.2 Intermediate People’s Court in China has officially recognized Bitcoin as a distinct and non-replicable digital asset, ...
Global
Global: Binance Exits Russian Market, Sells Subsidiary to CommEx
Binance, the world’s largest cryptocurrency exchange, has made the decision to exit the Russian market due to compliance concerns. The exchange has agreed ...
Global
Global: Financial Institutions Grapple with $206.1 Billion in Compliance Costs
LexisNexis Risk Solutions has unveiled its annual True Cost of Financial Crime Compliance Report, delving into the financial burdens and challenges faced by ...
Global
Global: Deutsche Bank to Offer Custody Services for Institutional Clients’ Cryptocurrencies
Deutsche Bank has formed a partnership with Swiss crypto company Taurus to provide custody services for institutional clients’ cryptocurrencies and tokenized assets, according ...
Global
Global: YouTube to Integrate AI-Powered Tools for Content Creators
YouTube has recently revealed plans to introduce a series of artificial intelligence (AI)-enhanced tools designed to support content creators, aiming to foster innovation ...
Global
Global: Cisco to Acquire Cybersecurity Firm Splunk in $28 Billion Deal
Cisco Systems has announced its acquisition of cybersecurity firm Splunk in a landmark deal valued at approximately $28 billion. This significant move represents ...