Cecabank, Abanca and Adhara Blockchain will experiment with central bank digital currency (CBDC), testing different use cases within the pilot of the wholesale CBDC by Spain’s central bank (Banco de España).
Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.
To improve financial services for Moroccans, a new partnership has been launched between the United Nations International Fund for Agricultural Development (IFAD) and international money transfer operator, Moneytrans, which is part of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) project.
The European Central Bank (ECB) will conduct a stress test of 109 financial institutions under its direct supervision on the ability to restore the functioning process after cyber attacks.
HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.
In Hong Kong, local financial authorities have proposed to develop and implement new regulatory rules for issuers of stablecoins, which can be described as a reaction to ongoing changes in the sphere of virtual assets.
Cambodia’s transition towards a green economy requires a financing boost, with the National Bank of Cambodia and IFC joining efforts to support climate-friendly projects.
The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.
Samsung has announced a new smartphone, hinting very clearly that artificial intelligence will be the main element of technological content in this development.
Intel and DigitalBridge Group are jointly establishing the company Articul8, which will provide corporate clients access to a secure and vertically optimized software platform for creating artificial intelligence.
The price of Apple shares on Tuesday, January 2, showed a drop of 3.6%.
The debt of the Government of the United States has exceeded the $34 trillion mark for the first time in history.
In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
Meta has reduced the cost of the Quest 2 virtual reality headset.
A private gauge of factory activity in China showed an increase in December.
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