The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology,...
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s...
As Brazil’s financial system modernizes, its data infrastructure is advancing too. Spurred by the popularity of the Central Bank’s PIX instant payment system, initiatives such as Open Finance are...
China’s rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country’s salary rankings for the second quarter of 2024, as Beijing’s push for self-sufficiency in...
The United Nations Development Programme (UNDP) has partnered with Swiss-based blockchain technology powerhouse the DFINITY Foundation to enhance financial inclusion for MSMEs. UNDP announced the partnership in a press...
The concept of tokenization is gaining unprecedented momentum, promising to revolutionize the payments industry. Insights from McKinsey and Deloitte highlight the profound potential of tokenizing assets, transitioning from pilot...
The research arm of the Islamic Development Bank plans to use blockchain technology to develop sharia-compliant products, aiming to support financial inclusion efforts across its member countries. The Jeddah-based...
One World Chain (OWCT), a Decentralized EVM Compatible Layer One Blockchain utilizing a Delegated Proof-of-Stake (DPoS) consensus, announces several pivotal developments within its blockchain technology, reinforcing its commitment to...
Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This collaboration aims to...
The School of Politics, Policy, and Governance (SPPG), an unconventional school designed to attract, develop and produce a new generation of political leaders has announced the implementation of a...