10/03/2023
Ex-SoftBank executive sets up stablecoin to dodge high inflation
They’re looking to capitalise on a stablecoin market that analysts at Bernstein estimate will grow more than 20-fold to US$2.8 trillion in five years.
Bitcoin, Blockchain & AI
10/03/2023
Swiss bank UBS launches tokenized money market fund on Ethereum
The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain.
10/03/2023
Artificial Intelligence and Cybersecurity: Key Topics at the 78th United Nations General Assembly
In addition to emphasizing the importance of AI governance, political leaders discussed the role of AI in accelerating the achievement of UN’s Sustainable Development Goals
10/03/2023
Zuger Kantonalbank launches mobile-friendly crypto offering with Sygnum Bank
Zuger Kantonalbank’s expanded service offering is enabled by Sygnum’s B2B banking platform
10/02/2023
BIS, France, Singapore, and Switzerland Report Success in Cross-Border Wholesale CBDCs Test
The test revolved around simulated trades of hypothetical euros, Singapore dollars, and Swiss francs wCBDCs among virtual financial establishments.
10/02/2023
Another Crypto Offering Bites the Dust: Industry Response to Chase UK Crypto Ban
Chase is not the first UK bank to make a decision against cryptocurrencies.
10/02/2023
How the Financial Services Industry Can Benefit from Generative AI
This opens up brand-new, exciting opportunities to actively shape the future of finance, paving the way for innovation and transformation.
09/29/2023
Dominic Williams: «No board, no CEO. An algorithm will run everything»
The foundation is embroiled in a legal battle following a class action lawsuit alleging Dfinity insiders misled investors.
09/29/2023
AlphaSense’s AI-driven market prowess leads to $150m Series E funding
The freshly procured capital is earmarked to bolster AlphaSense’s enterprise offering.
09/28/2023
Mastercard joins with Rochester Institute of Technology in Dubai to foster nex-gen AI talent
This partnership will empower the next generation of RIT graduates to become leaders in AI and advance both parties’ strategic alliances in the region.
09/28/2023
WFE sets out six principles to promote sound marketplaces in crypto-trading
The WFE recommends that governments and regulators require CTPs to meet the high standards that all market participants expect and deserve.
09/28/2023
UAE's crypto transactions hit nearly $35bn amid rising regulatory clarity
While this represents a 17 per cent drop compared with the previous year, the UAE's crypto market fared much better than many other countries in the region
09/28/2023
Sigma unveils AI-based, no-code suite of tools for traders
Their SaaS-based Pattern matching platform (Patterns as a Service) helps traders monitor thousands of instruments in real-time, scanning charts for momentum changes, technical signals, support, and resistance zones.
09/28/2023
Binance Urges Euro Users to Convert to Tether After Bank Partnership Ends
Following Paysafe's unilateral split from Binance, users are advised to move their euro balances to Tether’s USDT.
09/27/2023
Chase UK cuts off crypto payments due to high levels of fraud
The decision will be disappointing to some customers, but follows a steady stream of UK banks who’ve been blocking crypto-related transactions.
09/27/2023
Binance fully exits Russia with sale to CommEX
There will be an orderly process for the migration of users. Binance and CommEX will partner to inform users how to migrate their assets to CommEX.
09/27/2023
Hypothekarbank Lenzburg joins SIX Digital Exchange
Joining SDX's CSD marks a milestone for Hypothekarbank Lenzburg on its path to becoming a major player in the Swiss market
09/26/2023
Hong Kong Suffers Largest Crypto Theft This Year
Mixin is a network for the transferal of digital assets with one million users
09/26/2023
Been there, doing that: How corporate and investment banks are tackling gen AI
CIB banks can strengthen their compliance work by using gen AI to sort through regulators’ reports
09/26/2023
Fujitsu, Hokuriku Bank and Hokkaido Bank Explore Use Cases for Generative AI in Japanese Banking
The trials have been planned to take place between August 2023 and October 2023.