In China, local financial authorities on Wednesday, December 20, decided to keep benchmark lending rates at a monthly level, which corresponds to preliminary market expectations and is a predictable action that does not go beyond the most likely scenarios.
Meta announced the beginning of cooperation with the Indian Open Network for Digital Commerce (ONDC).
Uber for Business has integrated with Brex and Ramp cost management service providers.
Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.
The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.
Crypto firm 7RCC applied for an ESG-focused spot Bitcoin ETF that will include 80% Bitcoin and 20% Carbon Credits Futures with the US SEC.
Google has agreed to pay $700 million and allow competition in its Play app virtual store.
The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.
China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.
Malaysian Prime Minister Datuk Seri Anwar Ibrahim intends to implement a strategy to gradually increase the use of the local currency ringgit as part of financial operations in the sphere of trade.
The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.
Xero, a global platform for small businesses, has announced the start of a partnership with Flinks, an open banking company.
The digital currency of Cambodia called Bakong, which was developed with the participation of specialists from a Japanese startup, has become widespread, as evidenced by the existence of about 10 million accounts registered to own this digital money.
The media reported that Apple will stop selling the Watch Series 9 and Ultra 2 in the United States shortly before Christmas.
The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.
Revo Capital, a Turkish venture capital company that supported Getir technology unicorns and Builder.ai, intends to raise funds for $100 million to invest in regional startups operating in the sphere of artificial intelligence.
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