Russian companies have begun using Bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related … Read more
Microsoft unveiled a new artificial intelligence (AI) tool called Copilot for Finance on Thursday, aiming to help financial professionals easily navigate everyday mundane tasks. The Copilot tool is not a new AI model, and instead builds on the existing Copilot for Microsoft 365 stack to bring new features specific to financial operations. It is an … Read more
Stripe’s recent multi-billion dollar acquisitions of Privy and Bridge weren’t just another pair of tech deals. They were a declaration that the crypto infrastructure experiment is over. The results are in – and they’re compelling enough for one of the world’s most successful payment companies to bet big. A clear picture emerges: the future of … Read more
Tokenization platform Ondo Finance and digital asset investment firm Pantera Capital have teamed up to invest $250 million in real-world asset (RWA) projects as the red-hot tokenization trend is accelerating. The initiative, named Ondo Catalyst, aims to invest in protocols and infrastructure projects that enhance the development of tokenized finance and on-chain capital markets, according … Read more