It’s time to tokenize sovereign debt now that India’s e-rupee is ready to help finance evolve

Once it proves reliable and settlement risk turns negligible, the capital that today sits locked up between trade and settlement is freed. Reconciliation—which currently requires the issuer, buyer, depository, clearing corporation and trade reporting platform to each keep their own records and match them against one another’s—becomes redundant. And RBI, which today can only see…

Thai woman stages gold robbery after gambling losses

An elderly woman in Nong Bua Lamphu admitted staging a robbery at her home after selling gold jewellery gifted by her daughter to fund gambling activities. The case came to public attention after the woman’s daughter, who lives overseas, contacted Channel 8 to complain about delays in the police investigation into the robbery at her…

Finding Help for Online Gambling Addiction

The shame and remorse over gambling losses can lead to some dark places. A Swedish study published last year found that problem gamblers were four times more likely to die from suicide than the general population. (If you are having thoughts of suicide, please call the Suicide & Crisis Lifeline at 988 to talk with…