Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals

Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker RevealsPublic officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major Korean Exchanges A growing number of officials in Seoul are vacating their […]

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Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’

Metalla CEO Says Crypto Industry Is a 'License for the Private Sector to Print Money'During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to a financial crisis. Precious Metals Exec Says the Public Embracing Crypto May Lead […]

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Electronic Transactions Association Proposes 7 Guiding Principles for a Digital Dollar

Electronic Transactions Association Proposes 7 Guiding Principles for a Digital DollarThe Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the payments industry, confirms its commitment to ensuring access to financial services for all […]

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Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by Governments

Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by GovernmentsMicrosoft President Brad Smith says that “The world is best served when currencies are issued, backed by and regulated by governments.” He further emphasized that he is not a fan of encouraging the private sector to issue digital currencies. Microsoft’s President Says Currency Issuance Should Be Left to Governments Brad Smith, President of Microsoft Corp., […]

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