Precision drives finance. A single mistake can ripple through markets, draining millions or even billions in seconds.
Take Citibank. In early 2025, a simple transaction turned into an $81 trillion mistake. What should have been a $280 transfer ballooned into a sum larger than the GDP of the world’s biggest economies combined. It took three employees and 90 minutes to catch the blunder....
The Securities Commission Malaysia (SC) has on Tuesday published a consultation paper to seek public feedback on a proposed framework for tokenized capital market products.
SC said in a statement that tokenized capital market products refer to the digital representation of capital market products using distributed ledger technology (DLT) such as tokenized shares, tokenized bonds and tokenized...
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