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Mobility

Tesla Roadster demo set for Oct. 15 after delays, zero deliveries in nine years

Tesla has rescheduled an event to unveil and demonstrate its next-generation Roadster for Oct. 15 and will livestream it. The model has faced repeated production delays since it was first shown in 2017, and no vehicles have been delivered to customers so far. The event is expected to focus on a demonstration using SpaceX cold-gas thrusters, while a previously flagged flight demo is said to have been scaled back.

Finance

FSS raises whistleblower rewards to 1 billion won at savings banks, mutual finance

South Korea’s Financial Supervisory Service is expanding whistleblower rewards for internal wrongdoing at savings banks, mutual finance groups and card and capital companies to as much as 1 billion won. The scheme will allow retirees and outsiders, not only current staff, to report misconduct. It will also expand eligible cases and clarify calculation standards. Firms must prove actions were not retaliatory if disadvantages occur within 2 years after a report.

Crypto

BIS says digital currency can match cash-level privacy but not ready for rollout

The Bank for International Settlements said digital currencies could be designed to offer privacy similar to cash, but warned it is too early to deploy current prototypes as live services because risks such as data leaks at financial institutions remain. In its Phase 2 report on Project Aurum, the BIS outlined the technical feasibility and limits of a privacy-preserving digital cash prototype. It said security and system stability must be ensured alongside privacy protections.