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No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said.
Standard Bank Group Ltd, Africa’s largest lender by assets, is planning to scale-up some of its operations on the continent and further digitise its systems to fend off fintech firms encroaching on its client base.
In light of the global pandemic, eSports have gone back to their online roots, enabling teams to keep playing tournaments while still growing a fanbase, though some think it lacks some of the charms of offline play.
Epic Games Inc failed again to force Apple Inc to put Fortnite back in its App Store while the game developer pursues its antitrust claims against the iPhone maker.
The world's largest central banks – and even some of the smaller ones – are toying with the idea of issuing digital currencies.
Elusive cybersecurity pioneer John McAfee was arrested in Spain for tax evasion in the United States, the US Justice Department in Washington DC said.
Companies in as many as 27 different industries fell victim to the hackers, nearly double the number of industries that were targeted in all of 2019, CrowdStrike said in a report.
Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up strict regulation for asset-backed cryptocurrencies such as stablecoins to protect consumers and preserve state sovereignty in monetary policy.
ByteDance Ltd, the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as part of its global expansion, according to people familiar with the matter.
Apple Inc further escalated its fight with Epic Games Inc, filing a countersuit to stop the game maker from using its own payment system for Fortnite.