Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce. Go to Source Powered by WPeMatico
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Innovation and experimentation: Spain’s blockchain sector in 2021
Development of the Spanish blockchain and cryptocurrency industries continued apace in 2021. Go to Source Powered by WPeMatico
Top Japanese bank MUFG introduces new stablecoin platform
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project. Go to Source Powered by WPeMatico
Russian Government Approves Plan to Regulate Cryptocurrency
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the … Read more
JPMorgan estimates ‘fair value’ of Bitcoin at $38K
JPMorgan’s long-term theoretical target for Bitcoin stands at $150,000, up from $146,000 forecasted in January 2021. Go to Source Powered by WPeMatico
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
The firm’s global investment strategy team said it wasn’t too early to invest in crypto, but clearing regulatory roadblocks would likely create “higher quality investment options” in the future. Go to Source Powered by WPeMatico
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. Go to Source Powered by WPeMatico
3 things the crypto sector must offer to truly mainstream with TradFi
“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector. Go to Source Powered by WPeMatico
North America to lead growth in blockchain market, new report says
Blockchain market size is expected to reach $104.19 billion by 2028, exhibiting at a CAGR of 55.8% across the forecast period as per the report. Go to Source Powered by WPeMatico
Decentralized and traditional finance tried to destroy each other but failed
Crypto to prevail over the traditional financial system, instead, competing industries started to adopt each other’s technologies and cooperate. Go to Source Powered by WPeMatico
