Tag: Financial technology

news-29102024-050529

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...
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Unlocking the Potential: How Bitcoin’s Original Blockchain Could Revolutionize DeFi

The developers behind the BOB project, which stands for "Build everything on Bitcoin," have introduced a new vision paper outlining a design for a hybrid layer-2 network that could potentially position Bitcoin as the...
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The Future of Stablecoins: Allaire Predicts Trillion-Dollar Expansion in 10 Years

The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...
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Tokenized Gold: The Latest Addition to the Digital Gold Market

Swarm Markets, a platform that deals with real-world assets and is licensed by the German regulator BaFin, has partnered with OrdinalsBot to offer a new investment opportunity in the digital gold market. This collaboration...
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SocGen’s Euro Stablecoin Shifts to Solana Blockchain for Improved Performance

SG Forge, a subsidiary of Societe Generale, is making a strategic move by shifting its euro stablecoin, EUR CoinVertible (EURCV), to the Solana blockchain. This decision comes after the initial launch of EURCV on...
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Tyler Winklevoss Criticizes Federal Reserve’s Crackdown on Customers Bank

Tyler Winklevoss, co-founder of the crypto exchange Gemini, recently criticized the Federal Reserve's crackdown on Customers Bank, a crypto-friendly bank. He believes that this enforcement action is part of what he calls "Operation Choke...
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Future of Crypto Careers: Top 5 Insights for 2024

The job market in the crypto industry is booming, with a surge in demand for roles in crypto and blockchain companies. In July 2024 alone, there were about 600 new crypto and blockchain job...
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Analyzing MicroStrategy’s Success: Semler Scientific’s Bitcoin Strategy Shift

Semler Scientific recently made a significant shift in its investment strategy by converting much of its cash holdings to bitcoin. This decision came after Eric Semler, the company's chairman, became more actively involved in...
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Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein

Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
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Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success

Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...