Financial Systems – DIGIT INFO

Mauritius mulls wrapping metaverse into financial services

While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public.

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Crypto reshapes the American dream for younger generations: Report

Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.

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Microsoft, Goldman Sachs, others partner in new blockchain network

The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.

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China and Singapore team up to scale green and transition financing

China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”

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Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their trade on the dollar?” Brazil’s President Wants to Reduce the […]

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Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis

Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.

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South Korea launches Metaverse Fund to expedite domestic initiatives

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.

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China announces plans for new national financial regulator

The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul.

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Coordinated global crypto policies: G20 key financial stability priority

India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.

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Education is key to financial freedom, says Bitcoin advocate Najah Roberts

The Agenda podcast discusses the importance of financial literacy and education in Part 2 of a conversation with BTC advocate and entrepreneur Najah Roberts.

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