DIGITAL ECONOMY
The "Invisible AI Tax": How Agents are Killing the Open Web
AI agents are replacing human clicks with autonomous data harvesting, stripping websites of ad revenue and forcing a move toward paid machine-access protocols.
Hong Kong Explores Long-Term Investment Opportunities in Digital Economy
The Hong Kong Institute for Monetary and Financial Research examines long-term investing opportunities in a digital economy, focusing on demographic shifts and financial product development.
Agentic AI and Blockchain: A New Era for the Crypto Economy
Explore how Agentic AI and blockchain technology are reshaping the global economy by facilitating autonomous machine interactions and creating new digital market models.
HKMA and DPO Unveil CDI-CDEG Linkage to Propel Hong Kong’s Digital Economy
The Hong Kong Monetary Authority and Digital Policy Office have established a CDI-CDEG linkage to enhance data sharing, benefiting SMEs and promoting digital economy.
USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth
The US and Nigeria are set to discuss the digital economy, AI advancement, and economic ties at a conference in Abuja.
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.
HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG
According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy.
BTG Pactual Launches Stablecoin Backed by USD
Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy.
Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively
Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.