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Evergrande’s Economic Tremors Trigger Bank Run in Northern China

Published

9 months ago

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Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week.

​ Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. 

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Philippines Plans to Introduce Wholesale CBDC by 2029

Published

1 hour ago

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July 27, 2024

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Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029.

​ Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. 

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Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

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2 hours ago

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July 27, 2024

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Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent.

​ Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent. 

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Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Published

3 hours ago

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July 27, 2024

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Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot.

​ Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot. 

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