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After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing

21.6.2022
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. ... Read More: After Inflation Fiasco, Central...

From games to piggy banks: Educating the Bitcoin ‘minors’ of the future

19.6.2022
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it

Sberbank to Conduct First Digital Asset Transaction on Own Platform

19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

How a DAO for a bank or financial institution will look like

19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?

Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks

17.6.2022
As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges. In a statement, the country’s government said that the exchanges that...

Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks

17.6.2022
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...

Major Banks Urge Rethink of European Union's CBDC Plans

16.6.2022
The European Commission should stop focusing on technical details and think about whether to issue a digital euro at all, the Institute of International Finance said

Tether aims to decrease commercial paper backing of USDT to zero

15.6.2022
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it

Bitcoin and banking’s differing energy narratives are a matter of perspective

11.6.2022
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

7.6.2022
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country...

Is education the key to curbing the rise of scammy, high APY projects?

4.6.2022
As DeFi projects offering insane returns continue to infiltrate the market, experts believe that investors need to better equip themselves to avoid such scams

Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

4.6.2022
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks....

Japan passes bill to limit stablecoin issuance to banks and trust companies

3.6.2022
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse

Central Bank of Armenia Urged to Regulate Cryptocurrencies

3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....

Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

2.6.2022
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in...

Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi

2.6.2022
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore...

Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked

2.6.2022
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that...