Bookmarking Crypto Insights
Auto Added by WPeMatico
BoE deputy governor Sir Jon Cunliffe looked at stablecoin, CBDC and other forms of tokenization taking hold in the modern economy in a speech on financial innovation. Go to Source Powered by WPeMatico
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean … Read more
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” Go to Source Powered by WPeMatico
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like the digital yuan, and … Read more
U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. Go to Source Powered by WPeMatico
Under the direction of Elon Musk, Twitter rolled out the ‘Twitter Blue’ subscription as a means to discourage spam bots and fake accounts on the platform. Go to Source Powered by WPeMatico
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. Go to Source Powered by WPeMatico
The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia. Go to Source Powered by WPeMatico
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his … Read more
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it. Go to Source Powered by WPeMatico
