Mysterious transactions took place on Traveloka PayLater in 2019 without users’ authorization. Unaware that they ‘owe’ money, these individuals’ credit scores have tanked.
Thailand is reining in decentralized finance, while forging ahead with its own central bank digital currency to maintain control over digital transactions.
ByteDance has reduced its India team to 1,000 employees, but sources close to the company affirm that it is “very much staying put in the country with plans to make a comeback.”