Markets

Ripple is setting its sights on South Korea as it plans to expand its footprint in the country’s crypto market by offering custody services. The move highlights Ripple’s growing ambitions in Asia, where the company already maintains strong relationships and...

The European Union has formally adopted its landmark crypto tax reporting rules, setting the stage for stricter oversight of digital asset transactions across the bloc. The legislation, part of the Eighth Directive on Administrative Cooperation (DAC8), will require crypto exchanges,...

Kenya’s mobile money pioneer M-Pesa has announced a landmark integration with an Ethereum Layer-2 (L2) network, opening the door for seamless global payments and cross-border remittances. The move marks one of the boldest steps yet in bridging Africa’s most successful...

Goldman Sachs has launched a new artificial intelligence (AI)-powered wealth management platform aimed at retail investors, marking one of the bank’s most significant moves into the mass market. Traditionally known for serving institutional clients and high-net-worth individuals, Goldman is now...

The Reserve Bank of India (RBI) has begun a pilot project to test cross-border payments using its central bank digital currency (CBDC), the digital rupee, in partnership with the United Arab Emirates (UAE). The move signals India’s intent to make...

Coinbase has taken a major step in its international expansion by launching a mobile-friendly crypto wallet tailored for African users, particularly targeting the region’s large unbanked population. The move underscores Coinbase’s broader strategy to drive financial inclusion by providing easy...

Hong Kong has taken another major step toward becoming a digital asset hub, as the Securities and Futures Commission (SFC) has approved the launch of the city’s first tokenized real estate investment fund (REIF). The fund, structured under existing collective...

A leading Japanese life insurer has launched a blockchain-based rewards program aimed at enhancing policyholder engagement and promoting healthy financial behaviors. The program allows policyholders to earn digital rewards for timely premium payments, maintaining healthy lifestyles, or participating in financial...

A consortium of leading European banks has issued its first multi-country ESG bond, marking a significant step toward funding sustainable projects across the continent. The bond aims to support initiatives in renewable energy, clean transportation, and climate-resilient infrastructure while providing...

Several major Singaporean banks have launched a blockchain-based supply chain financing platform aimed at improving transparency, efficiency, and liquidity for businesses involved in regional trade. The platform is designed to digitize and automate key supply chain processes, including invoice financing,...

A leading Brazilian fintech has launched an AI-powered lending marketplace designed to improve access to credit for small and medium-sized enterprises (SMEs) across the country. The platform uses advanced machine learning algorithms to assess borrower risk, streamline loan approvals, and...

The U.S. Securities and Exchange Commission is reviewing governance and consumer protection standards for stablecoins, reflecting growing concern over the rapid expansion of these digital assets. Stablecoins, which are pegged to traditional currencies like the U.S. dollar, have become integral...

China has begun piloting the integration of its digital yuan with global e-wallet networks, marking a major step in the internationalization of its central bank digital currency. The program allows overseas users to hold and transact in digital yuan via...

A leading Japanese insurer has launched a pilot program to integrate blockchain technology into health insurance claims processing, aiming to improve efficiency, security, and transparency for policyholders. The initiative focuses on digitizing claim submissions and automating approvals, allowing healthcare providers...

A group of leading European banks has announced plans to collaborate on issuing green bonds aimed at financing sustainable projects across the continent. The initiative is designed to mobilize capital for environmentally friendly ventures in energy, transportation, and infrastructure while...