Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa. With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases […]
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Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, a 600-member international financial institution representing […]
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UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind. Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind. As Euromoney reported on April 3, Bautista noted […]
Continue ReadingDue to significantly increasing numbers of mobile users worldwide, Ethereum should focus on mobile applications to adjust to reality. We live in an increasingly mobile world where I can order a vehicle driven by a complete stranger to take me anywhere, I can get food delivered in minutes, and I can conduct almost all my […]
Continue ReadingFor beginners wanting to learn more about decentralized finance, CoinGecko’s ‘How to Defi’ provides an accessible entry point. Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are […]
Continue ReadingCointelegraph talks U.S. CBDC with the founders of the Digital Dollar Project, former CFTC Chair Giancarlo and LabCFTC leader Gorfine. The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that […]
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The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go. Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back […]
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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 […]
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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 […]
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Democrats in the U.S. House of Representatives look to a digital dollar to distribute stimulus payments in at least one version of the COVID-19 response bill. Amid contentious debate over the massive stimulus package in response to the coronavirus pandemic, Democrats in the United States House of Representatives look to implement the digital dollar to […]
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