Digital
Bank of England considers shelving plans for a digital pound
[LONDON] Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism over the project’s benefits, the latest...
Tokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations[SINGAPORE] Cryptocurrency exchange Tokenize Xchange will...
Warburg Pincus-backed data centre operator Princeton Digital bags US$1.3 billion from Stonepeak
[SINGAPORE] Warbug Pincus-backed Princeton Digital Group announced on Friday (Jul 18) that it secured US$1.3 billion in funding from Stonepeak, a New-York based alternative investment firm specialising in infrastructure...
Canada Surprisingly Scraps Digital Services Tax Targeting US Tech Firms After Caving in to Trump’s Pressure and Resumes Trade Talks
Canada has surprisingly and unexpectedly scrapped its plan to enforce a new digital services tax targeting American tech companies like Google and Amazon—just days after President Trump slammed the...
Bank of Korea halts digital currency project, pausing talks with banks
Published Mon, Jun 30, 2025 · 10:50 AM[SEOUL] South Korea’s central bank halted its digital currency testing project, telling participating banks it will temporarily pause discussions related to the...
What is Canada’s Digital Services Tax and Why It Sparked a Trade War With US?
Trade tensions between the United States and Canada reached a boiling point this week as President Donald Trump abruptly ended trade negotiations in response to Canada's Digital Services Tax...
Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation
[SINGAPORE] Amazon Web Services (AWS) and government agency Digital Industry Singapore (DISG) on Thursday (Jun 26) launched a programme to accelerate artificial intelligence (AI) transformation among enterprises over the...
Top Thai billionaires-backed groups win digital bank permits
[BANGKOK] Three groups led by Charoen Pokmhand Group, Gulf Development and SCB X have clinched Thailand’s new virtual bank licences to boost competition in the nation’s banking industry, according...