Applying the blockchain technology that underpins crypto and artificial intelligence to financial markets could help issuers of instruments like bonds reduce costs in the next five years. Despite blockchain's promises, Moody's warned that if not regulated well, it could potentially challenge sovereign authority and fuel tax evasion. Blockchain technologies that underpin crypto could help issuers of financial instruments like bonds reduce financing costs in the next five years, according to a...

Elon Musk's social media platform, X (formerly Twitter), has obtained money or currency transmitter licenses in seven U.S. states – most recently from Rhode Island. Although the Rhode Island license does allow for processing crypto payments, it also applies to broader payments providers like PayPal or Venmo. X, the Elon Musk-owned social media platform formerly called Twitter, has obtained payments licenses from several U.S. states in recent months – including a currency transmitter license...

In the digital age, technological innovations have become a cornerstone of business operations, and companies are increasingly relying on advanced digital strategies to stay competitive. As tech-driven disruptions and cyber threats reshape industries at an unprecedented pace, the need for technical expertise on corporate boards has never been more pronounced. Meanwhile, with artificial intelligence (AI), blockchain, and digital identity technologies emerging as transformative forces, the...

Sandeep Sahai is the CEO of Clearwater Analytics, an industry-leading SaaS-based platform that automates the entire investment lifecycle. Every generation or so, a disruptive new technology comes along that changes the way people live and work. In the late 1990s and 2000s, we were introduced to the internet and smartphones, a development that forever altered lives across the globe. You may recall the “doom and gloom” forecasts surrounding the disruptive force of the internet. Yes, it would...

Kuwait has prohibited the use of crypto for payments or investment to combat money laundering, according to a circular by the country's financial regulator issued on Monday. The Capital Markets Authority also placed an "absolute" ban on all digital asset mining, prohibited the recognition of crypto as decentralized currency, and also warned the public that companies are not allowed to provide any type of crypto-related services. "Securities regulated by the Central Bank of Kuwait and other...