The National Bank of Kazakhstan (NBK) has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to digital asset regulation, the digital asset ...
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Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say – Finance Bitcoin News
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Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may ...
InsurX Launches Digital Marketplace for Brokers and Insurers and Celebrates Insurathon Win
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Digital exchange for the London insurance market, InsurX, has been announced as the winner of global law firm Norton Rose Fulbright’s sixth annual ‘Insurathon’. Norton Rose Fulbright’s competition aims to identify and support the most innovative tech start-ups and scale-ups ...
METACO Selected as Digital Asset Manager for DekaBank
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DekaBank‘s digital asset operations are to now be managed by the custody and orchestration platform of METACO. DekaBank, which provides securities services and capital market solutions to the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), has selected METACO, a provider of ...
Dubai Raises 96% of UAE Based Startups’ Funds Finds Dubai Chamber of Digital Economy
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Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has issued a recent report detailing plans to drive the emirate’s digital economy ambitions. This is part of its efforts to strengthen the digital economy ecosystem ...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital – Bitcoin News
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On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking ...
KITMEK Launches $1 Digital Only School for Children Across MENA
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KITMEK, a new interactive digital school, has officially launched; costing just one dollar per month for children across MENA. The KITMEK digital school is three years in the making and aims to provide a global curriculum from kindergarten to fifth ...
China’s Hainan to boost NFT oversight as digital yuan trial ramps
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Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, ...
FTX sister company Alameda Research sues Voyager Digital for $446M
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Embattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw back loan repayments FTX made before it collapsed in November. Lawyers managing the FTX and Alameda bankruptcy case sued Voyager for $445.8 ...
71% of Executives Report AI Already Impacts How They Work; Reveals Digital Transformation Study
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It is no secret that digital transformation is currently one of the most important ways for companies to get ahead. But with tough economic conditions to contend with and more, Broadridge Financial Solutions finds out how business leaders view transformation ...