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Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System
24.10.2024
While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview
Crypto for Advisors: Bitcoin on The Balance Sheet
24.10.2024
Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony
24.10.2024
Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment, advocating for financial settlements in national...
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
24.10.2024
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing key financial reporting laws...
Zanzibar’s new blockchain sandbox aims to drive tech startup growth
23.10.2024
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July
Zanzibar’s new blockchain sandbox aims to drive tech startup growth
23.10.2024
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July
China’s Xi Jinping Pushes For New BRICS Financial System; Will XRP Shine?
23.10.2024
In a bold call for change, Chinese President Xi Jinping has urged BRICS nations to focus on development…
Chainlink co-founder unveils blockchain payments for TradFi
23.10.2024
Chainlink and Swift will introduce a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure
Japan slow to approve crypto ETFs, maintains strict tax, regulations
23.10.2024
While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption
Iran Urges BRICS to Create Financial System Free From Western Influence
23.10.2024
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized the need for BRICS members to create their...
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
23.10.2024
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission...
International agencies report on tokenization to G20 officials
22.10.2024
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges
Andy Barr's 'Vision' for House Financial Services
22.10.2024
Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible...
Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits
22.10.2024
Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users' deposits are protected up to the value of $250,000
Tokenization Could Pose Risks to Financial System, FSB and BIS Warn
22.10.2024
The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems
UK’s finance watchdog defends ‘too tough’ on crypto stance
22.10.2024
The FCA has defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder the UK’s global financial leadership
Transak Reports Attack Affecting 90k Users, No Financial Data Compromised
22.10.2024
Leading crypto transaction platform, Transak, has confirmed a recent security attack that affected 1.14% of its user base…
Why Is Silver Soaring? A Financial Perspective Involving America’s Breaking Point
21.10.2024
Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this commodity with the upcoming destruction...
Chainlink using AI, oracles to bring market-moving corporate data on-chain
21.10.2024
The oracle protocol is partnering with financial infrastructure providers including Franklin Templeton and UBS