Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges
The likes of Rokid, Thunderbird Innovation and Nreal have all released new smart-glasses products this year, Pandaily said
The Reserve Bank of India said in a paper this month that the 'e-rupee' will have "limited pilot launches" next fiscal year, Nikkei said.
Investigators from South Korea's Fair Trade Commission raided Apple's office in Seoul last week to look into claims the tech giant charged developers excessive App Store fees
Five state-owned banks took part in a CBDC trial focused on cross-border transactions, the Bank for International Settlements (BIS) said.
COO Alex Hungate, a veteran of the financial services, logistics and food sectors, has spearheaded a push away from low-margin business lines as Grab races to turn profitable.
Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas
More than half of the 2.39 million Indian accounts banned by WhatsApp in July were 'proactively' taken down before complaints were received, the company said in a report
Russian tourists have been using Chinese credit cards to withdraw cash from automatic teller machines in Finland since Covid border restrictions eased on July 1
Gaming giant suffered its first quarterly sales fall on Wednesday and has been hit hard by Beijing's clampdown on game approvals and playing time, not to mention Covid lockdowns
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources