Policy desk
Regulatory action, legislation, enforcement and central-bank digital currency policy.
In an interview on Tuesday, Circle’s boss Jeremy Allaire pointed out the irony of the traditional banking system disrupting the broader crypto industry. Allaire said there had been talks about Continue Reading →
The failure of Silicon Valley Bank and Silvergate Bank has jolted the US financial industry into the midst of economic turmoil. According to Robert Kiyosaki, author of “Rich Dad, Poor Continue Reading →
In the past few years, blockchain technology initiated a peer-to-peer electronic cash system that became the guide for the remaining digital assets in the crypto space. The masses are largely Continue Reading →
The UK is getting closure to its objective of introducing a central bank digital currency (CBDC). Recently, it released a consultation paper elaborating on the digital pound that is going Continue Reading →
A standard version of applications operated by the Ethereum network mainly, powered by smart contracts and essentially based on the blockchain network, is known as decentralized applications or DApps. The Continue Reading →
Microsoft, the giant in cloud computing, is taking radical steps to enhance its cloud facilities’ stability by implementing the latest limitations over the operations like crypto mining. The firm has Continue Reading →
John J. Ray III, the chief executive officer of FTX, informed Congress that he believes Sam Bankman-Fried (the former CEO and founder of FTX) to have attempted to overwhelm the Continue Reading →
Decentralized finance (DeFi) is proving itself as a competitive alternative to traditional finance, which is a successful implementation of blockchain technology. Several financial products and services that can be operated Continue Reading →
In the past, innovations such as automated market makers that were created to solve the liquidity issues of the crypto market attracted several people toward the decentralized financial (DeFi) system Continue Reading →
Sber, the biggest bank based in Russia, has declared that the blockchain platform operating under it will have Ethereum compatibility. The bank, which has the Russian government as its majority Continue Reading →
The New York-based Federal Reserve Bank’s New York Innovation Center (NYIC) as well as the Monetary Authority of Singapore (MAS) are collaborating to introduce a mutual experiment over the wholesale Continue Reading →
A Prominent group of financial services in Asia, DBS Bank, is utilizing decentralized finance (DeFi) in the case of a project supported on the behalf of the central bank of Continue Reading →
SWIFT, the global financial messaging system, had prepared a plan for a global CBDC network. The announcement comes after the company spent 8 months experimenting with different currencies and technologies. Continue Reading →
The decentralized finance (DeFi) universe may see another shaking up, if Three Arrows Capital (3AC) is unable to pay off the loan it took from Voyager Digital. According to the Continue Reading →
On Friday, the Japanese yen slid against the US dollar, after the Bank of Japan chose to stay dovish and not follow the stance of other global central banks in Continue Reading →
Israel-based companies Max (a payments firm) and Bits of Gold (BOG) (a financial services company) have collaborated to launch the MaxBack credit card, a credit card that offers BTC cashback. Continue Reading →
Within a couple of weeks after the opening of the Digital euro initiative of the European Commission for public consultation, up to 11,000 institutions and individuals delivered their responses on Continue Reading →
Paypal, one of the leading payments platforms in the world, says it had net revenue of approximately 6.5 billion USD in Q1 2022. The company reportedly made 8% more than Continue Reading →
