Tag: Financial Innovation
Exploring CBDCs: BIS Survey Reveals Rising Interest
Central banks around the world are showing a growing interest in exploring the concept of a central bank digital currency (CBDC), according to a recent survey conducted by the Bank for International Settlements (BIS)....
Franklin Templeton Launches Tokenized Treasury Fund on Layer 2 Blockchain
Franklin Templeton has recently made an exciting announcement regarding its OnChain U.S. Government Money Market Fund. The fund is now available for trading on Coinbase's Base blockchain, marking a significant milestone as the first...
Michael Saylor’s $100 Trillion Crypto Strategy Revealed
Michael Saylor's Vision for the Future: A $100 Trillion Crypto Strategy UnveiledAt the recent White House Digital Assets Summit, Strategy co-founder Michael Saylor presented a groundbreaking cryptocurrency strategy that could potentially unlock up to...
Senate Hearing Highlights Importance of Stablecoins
Senate Hearing Highlights Importance of StablecoinsIn a recent Senate Banking Committee hearing, legislators gathered to delve into the critical issues surrounding stablecoins and market structure legislation. Led by Wyoming Republican Cynthia Lummis, a passionate...
Nano Labs Embraces Bitcoin Payments Amid China Policy Change
Nano Labs, a China-based company specializing in crypto mining chip design, has recently made the decision to accept Bitcoin as payment for its products. This move comes in response to the growing demand for...
BIS ends partnership with mBridge CBDC project due to lack of progress
The Bank for International Settlements (BIS) recently announced its decision to end its partnership with Project mBridge, a central bank digital currency (CBDC) initiative involving the People’s Bank of China, and the central banks...
US Risks Losing Financial Leadership Without Crypto Reform: Paxos CEO’s Warning
Paxos CEO, Charles Cascarilla, recently issued a warning to Vice President Kamala Harris and former President Donald Trump about the potential consequences of regulatory overreach on the US financial system. In his open letter,...
HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test
The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This partnership aims to explore payment and delivery systems for trade...
Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL
JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible that tokenized treasuries could eventually replace a significant portion of...
Embracing DLT and Tokenization for Enhanced European Capital Markets
Piero Cipollone, a member of the European Central Bank's Executive Board, is advocating for the adoption of digital assets and distributed ledger technology (DLT) to create a more integrated capital markets union in Europe....
