NY Regulator Seeks Crypto & AI Expert for Policy Team
The NYDFS is seeking a policy specialist to address critical crypto, DeFi, and AI issues within financial services. The New York State Department of Financial Services (NYSDFS) is looking to hire a specialist to assist in developing policies concerning cryptocurrencies, decentralized finance (DeFi), and artificial intelligence, among other related areas. The position is within the […]
DBS Bank Introduces Blockchain-Powered Treasury Token Pilot
The pilot offers DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, improving corporate liquidity management across several markets. DBS Bank, a multinational banking and financial services company, has partnered with digital payment provider Ant International to launch a new blockchain-based treasury and liquidity management solution. On August 13, DBS Bank announced the pilot introduction of DBS […]
Hong Kong Virtual Banks Target Web3 Growth Amid Regulatory Challenges
Hong Kong’s virtual banks are exploring opportunities in the Web3 space despite capturing 0.3% of retail bank assets. Hong Kong’s virtual banks are reportedly facing a pivotal moment, capturing only a small share of the financial market with just 0.3% of the assets held by all retail banks. As reported by the South China Morning Post […]
Nigeria’s AI Initiative Boosts Tech Job Growth
Nigeria is on track to become a key player in the global digital economy, harnessing local talent to promote innovation and growth. Local startup Awarri has been selected to spearhead the development of Nigeria’s first artificial intelligence, as the country’s technology sector is experiencing significant growth. According to local media , this ambitious endeavor is not […]
Coinbase Adds New Directors To Its Board
While one of the new Coinbase directors has a wealth of experience in the management consulting industry, the other two have previously served under US presidents. Coinbase has expanded its board of directors with three new members, including a top OpenAI executive who once served as a political strategist for US President Bill Clinton in […]