Hong Kong Cracks Down on Cross-Border Crypto Laundering Scheme In a recent development, authorities in Hong Kong have uncovered and dismantled a sophisticated cross-border cryptocurrency laundering ring. The operation involved the use of fraudulent bank accounts to convert scam proceeds into digital currencies, highlighting the growing challenges faced by regulators in combating financial crimes in […]
Beyond the hype: how AI is transforming work and business
Beyond the hype: how AI is transforming work and business In our latest episode of Lexicon, we sat down with Tal Barmeir, CEO of BlinqIO, a leading AI-driven software company that is revolutionizing the way businesses operate. With the rapid advancements in artificial intelligence, we are witnessing a transformative shift in the workplace and the […]
IBM commits billions to future US computing
IBM Invests Billions in Advancing US Computing Infrastructure In a move set to bolster the future of computing in the United States, IBM has announced a significant commitment of billions of dollars towards enhancing American-made systems. With a bold vision in mind, the tech giant aims to solidify the country’s position as a global leader […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]
Cash-only Tuvalu installs ATMs
Cash-only Tuvalu Embraces Electronic Banking with New ATMs In a significant leap towards modernization, the remote island nation of Tuvalu has recently introduced ATMs and point-of-sale systems to cater to the growing demand for electronic banking services. Previously known for its cash-only economy, Tuvalu’s embrace of technology in the financial sector marks a pivotal moment […]
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff The landscape of e-commerce is ever-changing, with new players constantly emerging and established ones striving to maintain their positions in the market. Recently, two major players in the online retail industry, Temu and Shein, have managed to capture the attention of consumers in the US […]
Most Bitcoin firms in El Salvador are inactive
Most Bitcoin Firms in El Salvador Are Inactive El Salvador made headlines earlier this year by becoming the first country in the world to adopt Bitcoin as legal tender. The move was hailed as a significant step towards mainstream acceptance of cryptocurrencies. However, recent data from the central bank of El Salvador has revealed a […]
ICT policy reform planned to boost digital economy in Bangladesh
ICT Policy Reform: A Strategic Move to Boost Bangladesh’s Digital Economy In a bid to propel Bangladesh’s digital economy to new heights, the government has announced plans to overhaul its Information and Communication Technology (ICT) policies by June. This strategic move comes at a time when the global digital landscape is rapidly evolving, presenting both […]
Singapore issues new guidelines to strengthen resilience and security of cloud services and data centres
Singapore Strengthens Resilience and Security of Cloud Services and Data Centres In a bold move to fortify its digital infrastructure, Singapore has recently introduced new guidelines aimed at enhancing the resilience and security of cloud services and data centres. These guidelines come at a crucial time when the reliance on digital technologies is at an […]
French watchdog fines Apple for abuse of app tracking tool
French Watchdog Fines Apple for Abuse of App Tracking Tool In a recent development, the French competition watchdog has levied a fine against tech giant Apple for its misuse of an app tracking tool. This decision comes on the heels of numerous complaints from online advertisers and publishers, who have accused Apple of leveraging its […]