Browsing: financial innovation News
The Bank of England’s move towards a Central Bank Digital Currency (CBDC) is reshaping the UK’s financial landscape, creating both opportunities and challenges for traditional banks.…
At the 2024 BRICS Summit, Russia unveiled a bold strategy to pivot away from the US dollar in international trade. This move marks an ambitious step…
Visa and PayPal are spearheading the integration of stablecoins into mainstream finance. These corporate behemoths are driving significant momentum towards the everyday use of digital currencies.Chainlink…
DBS, Singapore’s largest bank, has taken a significant step forward in the digital finance realm. The bank has launched its blockchain-based banking services, specifically targeting institutional…
The United Arab Emirates has made a groundbreaking announcement affecting the future of cryptocurrency transactions. By exempting Value Added Tax on digital transfers, it opens up…
Hong Kong has taken a substantial leap forward with phase two of its CBDC pilot testing, exploring digital currency innovations.This phase aims to test the viability…
Visa is spearheading a major shift in the financial sector by engaging banks in the exploration and testing of tokenized assets and smart contracts. This initiative…
Lunar, the Denmark-based digital banking innovator, secures €24.1 million from existing investors. Backed by significant funding, the bank aims to strengthen its position in the Nordic…
Beijing’s finance chief, Huo Xuewen, has made a bold declaration against Security Token Offerings (STOs).His announcement highlights Beijing’s persistent stance against unregulated cryptocurrency activities, reflecting China’s…
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