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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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Crypto SIPs May Become Popular in India as Young Investors Explore Alternatives to Stocks and Bonds: Cashaa Founder
In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...
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India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
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Infosys Aster, AI-Powered Marketing Suite for Global Enterprises Launched
Infosys, the multinational IT giant, launched a new marketing suite for enterprises on Tuesday that will offer artificial intelligence (AI) analytics and other tools to maximise sales and improve repeat customers. The suite, dubbed Infosys Aster, is aimed at both business-to-business (B2B) and business-to-consumer (B2C) enterprises. It offers more ...
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Brazil’s Largest Bank Opens Crypto Trading for Over 60 Million of Its Users
Brazil’s largest bank Itau Unibanco has opened crypto trading services for its massive userbase of over 60 million. Guto Antunes, the head of Itaú Digital Assets said that the acceptance of the crypto trading service was high. The bank had conducted weekly surveys with the clients that were part of the trials.
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Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
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Crypto Firm, Industry Group Sue US SEC for 'Overreach' on Digital Assets
A US based crypto firm and industry group have sued the US Securities and Exchange Commission for overstepping its authority with regard to digital assets. The firm, Legilex, wants a US court to rule that listing pre-existing tokens will not violate securities laws.
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Meet The Youngest Billionaires In The World. One Of Them Is A Teenager
The list is based on Forbes real-time billionaires list that ranks the top 10 youngest billionaires in the world and is based on asset data till January 30, 2024.
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Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
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Politicians' True Wealth Lies Beyond Simple Attire, Torn Shoes: Rahul Gandhi
Congress leader Rahul Gandhi said on Wednesday that certain politicians cannot be judged based on their simple attire or less expensive watches, as they are "too smart" to conceal their true assets from public scrutiny.
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Disney, Dapper Labs Team Up to Launch Digital Collectibles App, but Avoid the Term ‘NFT’
Disney will soon let its fans collect digital versions of its popular pins based on Disney characters. To do so, the entertainment and media giant has partnered Flow blockchain and Dapper Labs. The initiative, however, has tried to keep away from the term ‘NFT’ — digital tokens infamous for their volatile nature in terms of value.
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Mudrex Crypto Investment Firm Now Licenced in Lithuania, Italy Alongside in India
Mudrex, the crypto investment firm based in Bengaluru, said that it is now a registered crypto firm in the European nations of Lithuania and Italy as well as India. Launched in 2018, the company aims to make crypto investing safer. It is now looking to expand outside India and the US.
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Singapore’s Stablecoin Regulatory Framework Announced: All Details
The Monetary Authority of Singapore (MAS) has announced rules for the regulation of stablecoins. Web3 firms that wish to issue stablecoins in Singapore will have to ensure that they maintain minimum base capital and liquid assets. The country aims to avoid companies being exposed to the risks of collapse and insolvency.
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Mastercard to Explore Tokenised Bank Deposit Services as It Gears to Dig Deeper into Crypto
Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.
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Counter-Strike 2 Revealed by Valve, Releasing This Summer
Valve has officially confirmed Counter-Strike 2, and it is set to release this summer. The game will run on the Source 2 engine and will be available as a free upgrade to the existing CS:GO. A limited test has also been announced, which will be presented to select players, based on factors such as account standing and time played on official server...
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
Crypto SIPs May Become Popular in India as Young Investors Explore Alternatives to Stocks and Bonds: Cashaa Founder
In conversation with Gadgets360, Cashaa CEO Kumar Gaurav said that in the coming years investing in crypto-based SIPs could become popular in India as the younger generation of investors are seeking alternatives to traditional assets like stocks and bonds. He highlighted that crypto investors must be aware that investing in crypto assets should be ...
-
India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion
Okto, the self-custodial wallet by CoinDCX crypto exchange has secured a business licence in UAE’s Ras Al Khaimah (RAK). This marks a pivotal milestone in Okto’s plans for international expansion, starting with the UAE, the company said on August 27.
-
Infosys Aster, AI-Powered Marketing Suite for Global Enterprises Launched
Infosys, the multinational IT giant, launched a new marketing suite for enterprises on Tuesday that will offer artificial intelligence (AI) analytics and other tools to maximise sales and improve repeat customers. The suite, dubbed Infosys Aster, is aimed at both business-to-business (B2B) and business-to-consumer (B2C) enterprises. It offers more ...
-
Brazil’s Largest Bank Opens Crypto Trading for Over 60 Million of Its Users
Brazil’s largest bank Itau Unibanco has opened crypto trading services for its massive userbase of over 60 million. Guto Antunes, the head of Itaú Digital Assets said that the acceptance of the crypto trading service was high. The bank had conducted weekly surveys with the clients that were part of the trials.
-
Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
-
Crypto Firm, Industry Group Sue US SEC for 'Overreach' on Digital Assets
A US based crypto firm and industry group have sued the US Securities and Exchange Commission for overstepping its authority with regard to digital assets. The firm, Legilex, wants a US court to rule that listing pre-existing tokens will not violate securities laws.
-
Meet The Youngest Billionaires In The World. One Of Them Is A Teenager
The list is based on Forbes real-time billionaires list that ranks the top 10 youngest billionaires in the world and is based on asset data till January 30, 2024.
-
Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...
-
Politicians' True Wealth Lies Beyond Simple Attire, Torn Shoes: Rahul Gandhi
Congress leader Rahul Gandhi said on Wednesday that certain politicians cannot be judged based on their simple attire or less expensive watches, as they are "too smart" to conceal their true assets from public scrutiny.
-
Disney, Dapper Labs Team Up to Launch Digital Collectibles App, but Avoid the Term ‘NFT’
Disney will soon let its fans collect digital versions of its popular pins based on Disney characters. To do so, the entertainment and media giant has partnered Flow blockchain and Dapper Labs. The initiative, however, has tried to keep away from the term ‘NFT’ — digital tokens infamous for their volatile nature in terms of value.
-
Mudrex Crypto Investment Firm Now Licenced in Lithuania, Italy Alongside in India
Mudrex, the crypto investment firm based in Bengaluru, said that it is now a registered crypto firm in the European nations of Lithuania and Italy as well as India. Launched in 2018, the company aims to make crypto investing safer. It is now looking to expand outside India and the US.
-
Singapore’s Stablecoin Regulatory Framework Announced: All Details
The Monetary Authority of Singapore (MAS) has announced rules for the regulation of stablecoins. Web3 firms that wish to issue stablecoins in Singapore will have to ensure that they maintain minimum base capital and liquid assets. The country aims to avoid companies being exposed to the risks of collapse and insolvency.
-
Mastercard to Explore Tokenised Bank Deposit Services as It Gears to Dig Deeper into Crypto
Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.
-
Counter-Strike 2 Revealed by Valve, Releasing This Summer
Valve has officially confirmed Counter-Strike 2, and it is set to release this summer. The game will run on the Source 2 engine and will be available as a free upgrade to the existing CS:GO. A limited test has also been announced, which will be presented to select players, based on factors such as account standing and time played on official server...
