Evgenyi_Eg/iStock via Getty Images Inotiv, Inc. (NASDAQ:NOTV) shares have sold off by more than 30% following a recent court ruling denying the company’s effort to dismiss a class-action lawsuit. The issue goes back to the company’s acquisition of “Envigo RMS” and “Orient Bio Resource Center,” which was later alleged by regulators to have violated the…
tadamichi/iStock via Getty Images By James J. Puplava If you own a stock portfolio or are invested in the market, most likely you hold more than one company or have some degree of diversification. Or, as is very common today, you may own an Exchange-Traded Traded Fund (ETF) or several different ETFs that hold a…
The Bank of Korea will be looking to use the pilot stage of its CBDC to determine things such as acceptability and ease of use. South Korea, through its apex bank – The Bank of Korea (BOK) – has revealed its plans to begin testing its central bank digital currency (CBDC) in 2024. A local…
As blockchain technology continues to mature, Deutsche Bank and Standard Chartered’s initiative offers a promising vision of the financial world’s future. German banking giant Deutsche Bank (ETR: DBK) and Standard Chartered’s SC Ventures have begun testing the UDPN, a system that promises to ensure seamless communication and interoperability between various digital assets, stablecoins, and Central…
Aside from the commercial bank, the Bank for International Settlements (BIS) will participate in the pilot to provide technical guidance and expertise to users.  South Korea has become the newest country to conduct a pilot program to explore the technical infrastructure necessary for a central bank digital currency (CBDC). On October 4, the Bank of…
SWIFT has been actively involved in various CBDC-related projects, including a wholesale CBDC initiative in collaboration with the New York Federal Reserve Bank, utilizing a regulated liability network. SWIFT, a prominent bank messaging platform connecting over 11,500 financial institutions worldwide, announced that three banks have joined the beta phase of its central bank digital currency…
While the CBDC testing is scheduled for next year, the road to CBDC implementation is not without its challenges. The Bank of Korea (BoK) is making headway in its quest to develop and test its central bank digital currency (CBDC). According to a new report from the country’s local news outlet, the bank has selected…