JPMorgan announced that it has become the first bank to enter the metaverse. It has opened a lounge in Decentraland i.e. a virtual world based on blockchain technology.
Reserve Bank of India has mandated NBFC - Middle and Upper Layers with 10 or more 'Fixed point service delivery units' (as on October 1, 2022) to implement 'Core Financial Services Solution (CFSS)' latest by September 30, 2025.
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