Bank Indonesia and the Bank for International Settlements (BIS) Innovation Hub are inviting developers to take part in a central bank digital currency hackathon.The latest TechSprint event, which comes as Indonesia takes
The IDX Risk-Managed Bitcoin Trust and the IDX Risk-Managed Ethereum Trust are the first-ever investment trusts designed to provide a risk-managed exposure to crypto assets with the ability to go 100% to
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ARIE Finance MEA has announced the launch of a new Electronic KYC process for onboarding and meeting the ongoing compliance needs of its clients. This new process will enable ARIE Finance to
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Securrency focuses on tokenizing real-world financial assets, such as securities, equities, and commodities, bridging the gap between conventional finance and the world of digital assets. Under the collaboration, GK8’s enterprise-grade end-to-end custodial
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Gary Gensler said the crypto market involves many tokens which may be unregistered securities and leaves prices open to manipulation and millions of investors vulnerable to risks. “This asset class is rife
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In its ratings action, Moody’s lowered El Salvador’s long-term, foreign-currency issuer and senior unsecured ratings to Caa1 from B3. Noting a “deterioration in the quality of policymaking,” the agency said that the
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The online brokerage has about 18 million funded investment accounts on its platform, most of which are held by retail traders. Offering individual retirement accounts (IRAs) and Roth IRAs, which offer tax
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New Jersey ordered the cryptocurrency platform BlockFi Inc to stop offering interest-bearing accounts that have raised $14.7 billion from investors, the state’s acting attorney general said on Tuesday. A cease and desist
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The President’s Working Group on Financial Markets plans to discuss stablecoins at a meeting on July 19, the U.S. Treasury Department announced Friday. Treasury Secretary Janet Yellen is convening the working group,
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JPMorgan Chase Survey: Business Leaders’ Optimism, Growth Expectations Soar Past Pre-Pandemic Levels
Nearly 9 in 10 business leaders (88%) are optimistic about their company’s performance for the next six months, the highest percentage recorded in 11 years of the survey, and up from 56%
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What is DeFi? DeFi simply stands for decentralized Finance which is blockchain (use of Ethereum) based. It brings value to assets we own as compared to the ‘IOU’ system used when we
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