Alibaba Sells Stake in Paytm
Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.
News - page 292
China’s Official Wallet App Launches Offline Payments
The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.
Neobank Kompasbank Raises €12 Million
Kompasbank, the youngest bank in Denmark, has attracted new financing for 12 million euros.
US Regulators Fully Control Mechanisms of Securitization of Direct Investments
In the USA, regulators apply the practice of strict control measures to direct investment instruments.
TikTok ByteDance Launches Payments With J.P. Morgan
J.P. Morgan works with TikTok’s parent company ByteDance on payment technology.
Bank of Tanzania Explores Prospects for Implementing CBDC
The Central Bank of Tanzania will make a final decision on the CBDC after completing a study of the practice of using virtual national money.
BNPL Demand Soars in UK
Demand for BNPL (Buy Now Pay Later) solutions rose across all age groups in the UK, as living costs increase
Debates Around CBDCs Continue
Senior adviser at the Bank of England argues CBDCs are not worth the associated costs and risks
Chinese Exports Suffer Sharpest Fall in 3 Years
Exports of goods from China fell to the lowest level in the last three years due to the coronavirus pandemic.
Apple CEO Tim Cook to Take 40% Pay Cut
Apple CEO Tim Cook has planned to cut his salary by 40% this year.
BigCommerce Partners Vyne for A2A Payments
Vyne and BigCommerce partnered to enable e-commerce merchants to improve their sales in a cost-effective way
El Salvador Passes Bill To Fund Building ‘Bitcoin City’
El Salvador’s National Bitcoin Office (NBO) has announced the passing of the Digital Assets Issuance bill. Passed by the El Salvador Congress on January 11, with 62 members voting for and 16 against, the bill will become law once signed by President Nayib Bukele.
Cardano Expands With Custom-Built Sidechains
Cardano ecosystem creators are to release a software toolkit for developers to deploy custom-built sidechains on the parent blockchain
Emerging Market Governments Raise $40 Billion in Bonds in January
Since the beginning of 2023, governments of emerging markets have raised more than $40 billion in international bond markets.
Businesses Adopting Blockchain Despite Crypto Turbulence
A recent survey revealed that nearly 90% of businesses deploy blockchain technology in some capacity and plan to invest in blockchain in 2023
Crypto.com Cuts Global Workforce 20%
Digital Asset Exchange Company Crypto.com announced its intention to reduce the part of employees.
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