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Blockchain Revolution Series

Digital Currency Revolution

BoE developing blockchain proofs of concepts and exploring Central Bank Digital Currencies: Mark Carney

Jan 26, 2017 06:27 am UTC| Digital Currency Fintech

The Bank of England is looking into the policy and technical issues posed by Central Bank Digital Currencies (CBDC) and developing blockchain proof-of-concepts, Bank of England Governor Mark Carney said. Speaking at the...

Digital Currency Revolution

PBoC tests blockchain-based digital currency with commercial banks

Jan 26, 2017 05:41 am UTC| Digital Currency Fintech

According to latest reports, the Peoples Bank of China completed a trial of a blockchain-based digital currency on 15 December 2016. Caixin reported that the digital currency system was tested with several commercial...

Blockchain Revolution Series

International law firm Steptoe joins Global Blockchain Business Council

Jan 26, 2017 04:37 am UTC| Digital Currency Fintech

Blockchain technology company Bitfury Group, together withinternational law firm Steptoe Johnson LLP, announced today that Steptoe will serve as a member and legal services partner of the Global Blockchain Business...

Thai FinTech Association seeks government support to fight competition from foreign players

Jan 25, 2017 09:42 am UTC| Fintech

The Thai FinTech Association has sought the help of the government to enhance and increase its support for local fintech startups and financial institutions and its competitiveness, thus preventing foreign companies from...

London takes top spot in RegTech deals: FinTech Global

Jan 25, 2017 08:36 am UTC| Fintech

In a new research, specialist data and intelligence firm FinTech Global has found that London is set to lead dramatic growth in the regulatory technology industry. Regulatory technology, popularly called RegTech, is...

Blockchain Revolution Series

2017 Global Insurance Symposium to feature sessions on AI and blockchain technology

Jan 25, 2017 06:34 am UTC| Fintech

The registration for the 2017 Global Insurance Symposium, to be held on April 25-27in downtownDes Moines, Iowa, is now open. Presented by the Iowa Insurance Institute, the Federation of Iowa Insurers, the Iowa Economic...

Blockchain Revolution Series

Bank of Japan’s third FinTech Forum to focus on blockchain technology

Jan 25, 2017 05:37 am UTC| Fintech

The Bank of Japan is going to host its third Fintech Forum on 28 February 2017, which will focus on blockchain or distributed ledger technology. Hosted by the BoJs Fintech Center, the invite-only event will feature...

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Economy

India’s Investment Upgrade: A Historic Milestone for the "High-Quality EM" Narrative

SP Global has raised Indias sovereign credit rating to BBB from BBB-, with a Stable outlook, indicating the agencys first upward change for the country in 18 years. This major step increases Indias long-term rating one...

Asian Markets Rally as Oil Prices Tumble and Middle East Peace Hopes Emerge

Asian stock markets posted strong gains on Wednesday, driven by a sharp decline in oil prices and growing optimism over a potential diplomatic resolution in the Middle East. The broad-based rally swept across the region,...

Australia's Inflation Eases in February but Core Pressures Persist

Australias consumer inflation dipped slightly in February, though stubborn underlying price pressures are keeping the Reserve Bank of Australia cautious about cutting interest rates anytime soon. According to the latest...

Oil Prices Plunge Over 6% as Middle East Ceasefire Hopes Ease Supply Fears

Global oil prices dropped sharply on Wednesday during Asian trading hours, with Brent crude falling below the $100 per barrel mark for the first time in recent sessions. The steep selloff came after emerging signs of a...

Currency Markets Show Caution Amid U.S.-Iran Negotiations

Global currency markets displayed muted movement during early Asian trading on Wednesday, as investors remained cautious following conflicting signals surrounding U.S.-Iran peace negotiations. President Donald Trump...

Politics

Trump's Overhaul of American History: Museums, Monuments, and Cultural Institutions

Since returning to the White House, President Donald Trump has launched a sweeping campaign to reshape how American history is presented across cultural institutions, national parks, and public monuments. Framing his...

Pakistan's Diplomatic Rise: Mediating U.S.-Iran Peace Talks

Pakistan is emerging as a key global mediator in efforts to end the ongoing U.S.-Iran conflict, leveraging its unique position as a trusted contact for both Washington and Tehran. This diplomatic role could elevate...

US Accelerates Taiwan Arms Deliveries Amid Rising China Threat

Taiwans Defense Minister Wellington Koo confirmed Wednesday that the United States has expressed a strong sense of urgency in bolstering Taiwans military capabilities, with active efforts underway to resolve long-standing...

Trump Administration Settles Lawsuit Barring Federal Agencies from Pressuring Social Media Censorship

The Trump administration has reached a landmark settlement that prohibits three major federal agencies from coercing social media platforms into removing or suppressing constitutionally protected speech. The agreement,...

Cuba Receives Humanitarian Aid Convoy Amid U.S. Sanctions

Cuba welcomed a long-awaited shipment of international humanitarian aid on Tuesday, as activists from the global Nuestra America Convoy successfully delivered essential supplies to the island nation despite ongoing U.S....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...

Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield

Tech-forward defense companies Anduril Industries and Palantir Technologies are reportedly joining forces to develop critical software for the United States most ambitious missile defense initiative to date the Golden...