Brazil’s banking chief argues that crypto is a failure as a currency — but in neighbouring Venezuela it has already ‘changed the destiny of an entire country’. The President of the Brazilian Banking Federation, Murilo Portugal, has argued that cryptocurrencies are not really currencies at all. Portugal was speaking in a debate about the ‘Impact […]
Continue Reading
Leaders from different corners of the crypto industry react to the sudden prospect of a digital dollar, highlighting both promise and peril for users. COVID-19 has wreaked havoc on the global economy. As legislators in the United States go back and forth on how best to distribute aid, the conversation has amplified the potential role […]
Continue Reading
The court sided with the SEC and prohibited Telegram from releasing Gram tokens, but the community says it can still launch the network. As Telegram’s legal battle with the United States Securities and Exchange Commission continues to unfold, the U.S. authorities have convinced the judge to bar the company from issuing Gram tokens — at […]
Continue Reading
A board of 22 finance and fintech experts joins former CFTC leaders and Accenture to steer the future of the Digital Dollar Project. The Digital Dollar Project, which advocates a blockchain-backed digital dollar in the United States, has announced the inaugural roster of its Advisory Board. The new advisors joining the founders of the project […]
Continue Reading
The IOSCO board has released a report on stablecoin guidelines as they pertain to global regulations. The board of the International Organization of Commissions, or IOSCO, recently unveiled a write-up on stablecoins as they may overlap with current market regulations, including securities laws. Listing several other reports and touchpoints, the IOSCO board pointed toward stablecoin […]
Continue Reading
India’s relationship with blockchain and cryptocurrency hasn’t been clear, but the country has the potential to become a global leader in the upcoming fintech revolution. India’s cryptocurrency ecosystem has been in limbo since the country’s central bank barred banks from dealing with cryptocurrency exchanges in 2018. As of March 4, the Supreme Court of India […]
Continue Reading
U.K.-born digital banking app Revolut is launching today in the U.S.— but investors will have to wait until its crypto trading functionality is up and running. United Kingdom-born digital banking app Revolut is launching today, March 24, in the United States — but investors will have to wait for its crypto trading functionality to be […]
Continue Reading
Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context. The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies. Over the past few years, blockchain has replaced cryptocurrency as the “it” […]
Continue ReadingThe Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency. The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by […]
Continue ReadingThai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia. Thai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia. As the first non-bank institution in Thailand to sign on to RippleNet, DeeMoney already processes inbound transfers […]
Continue Reading