12/29/2023
Bank Indonesia to use blockchain technology for digital rupiah trial in 2024
BI is currently working with large-scale financial institutions for the trial phase to gather their input and feedback.
Bitcoin, Blockchain & AI
12/28/2023
HSBC funds digital identity fintech; Mastercard expands carbon gauge
That could provide the financial services industry a look at how gen AI can be used to improve customer engagement.
12/27/2023
'Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
12/27/2023
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
12/27/2023
Searches for ‘AI’ on Google smashes Bitcoin and crypto this year
The launch of ChatGPT in November last year has seen a continued increase in searches for “AI” on Google, much more so than crypto-related terms.
12/22/2023
How AI can enhance KYC offerings
Frunza emphasised the ability of automation for simple name matching, such as the names and data of birth
12/22/2023
Robo-advisers growing rapidly but clients still need that human touch
Robo-advisers, which use algorithms to develop tailored investment strategies that match an individual’s financial goals, risk tolerance and investing preferences, continue to disrupt the investment management industry.
12/22/2023
Crypto users to reach almost one billion in 2024, analysts predict
Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue.
12/22/2023
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
12/21/2023
Insurance sector proposing blockchain system to eliminate uninsured cars
Ingraham said insurance companies are currently required to send a letter to Road Traffic to inform them that a policy has been cancelled.
12/21/2023
Private banking and AI in 2024: best of friends?
AI is a fast-growing industry, but how does it link with private banking in 2024?
12/21/2023
How will GenAI, the buzz tech of 2023, affect banking?
Chatbots, large language models and copilots augmenting jobs: how will AI upend financial services and how fast will it happen?
12/19/2023
Revolut suspends crypto buying for UK business customers
In a letter sent to customers, Revolut says that it will pause buying of cryptocurrencies for UK businesses from 3 January.
12/19/2023
How AI can brush the dust of the old wealth management industry
It is time for financial advisers – both small and large – to embrace modern technology
12/18/2023
Bitcoin Hovers Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains
Longs continue to get liquidated as the price of bitcoin and other major digital assets gyrate.
12/18/2023
Banks dedicate more resources to responsible AI but clarity lags behind
As of October 2023, according to Evident's findings, 23 banks have designated a senior leader for RAI, 20 have formed specific partnerships for RAI
12/18/2023
The world’s first GenAI guidelines for banks
Singapore is laying down best practice for banks using GenAI, even as the world-changing technology is still hotly contested.
12/18/2023
The world’s first GenAI guidelines for banks
Singapore is laying down best practice for banks using GenAI, even as the world-changing technology is still hotly contested.
12/15/2023
Apex Group Secures Strategic Tokenization Position Through Investment in Tokeny
This significant move solidifies Apex's dedication to leading the digitization of finance, with tokenization at its core.
12/15/2023
R3 joins Emirates NBD Digital Asset Lab
This valuable insight will enable us to adapt and integrate these advancements into our services effectively and securely.