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Crypto

Citigroup to launch tokenised deposit-based cross-border remittance service in Japan

Citigroup plans to launch a cross-border remittance service based on tokenised deposits for corporate clients in Japan within this year, Nikkei Asia reported on Tuesday. The service will support real-time foreign-currency transfers at night and on holidays, and process real-time cross-border payments between Japan and Citigroup entities in the United States, Britain, Singapore, Hong Kong and Ireland. Citigroup processes about $6 trillion in daily transactions, with about $1 billion a day in tokenised-deposit transfers.

Mobility

Toyota to roll out \'Level2++\' supervised driving system from 2028 models, targeting Tesla FSD

Toyota plans to introduce a next-generation advanced driver assistance system in 2028 model-year vehicles with supervised driving functions similar to Tesla’s Full Self-Driving (FSD). The company aims to expand the system to more models by 2030. Japanese media said it will be at an industry-termed “Level2++” between Level 2 and Level 3. Toyota plans to add an AI “guardrail” system and says the approach could prevent about 60 percent of traffic deaths and injuries.