Moody’s to build scoring system for stablecoins: Report
Moody’s is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets. Go to Source Powered by WPeMatico
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U.S. home-loan banks lent billions of dollars to crypto banks: Report
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system. Go to Source Powered by WPeMatico
Decentralized forex will reduce cost by as much as 80%: Report
The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading USDC and EUROC stablecoins at Uniswap. Go to Source Powered by WPeMatico
Crypto technology will shift towards ‘steadier hands’ in 2023: Circle CSO
Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” said Circle’s chief strategy officer. Go to Source Powered by WPeMatico
Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist
Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is. Go to Source Powered by WPeMatico
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time. Go to Source Powered by WPeMatico
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain Pact During Bilateral Fintech Forum The Thai Fintech Association and Hungary’s Blockchain Coalition … Read more
Does the IMF have a vendetta against cryptocurrencies?
Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself? Go to Source Powered by WPeMatico
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets. Go to Source Powered by WPeMatico
Société Générale progresses in crypto space with digital asset services registration
The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it. Go to Source Powered by WPeMatico
