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Cryptocurrencies such as Facebooks Libra need to be held to the highest regulatory standards, as they posed a threat to global financial stability, according to a Group of Seven (G7) taskforce as reported by...
Blockchain is still largely misunderstood throughout the world and so the World Economic Forum (WEF) released a paper that is meant to be a guide for understanding the benefits of the technology. The guide touches on...
It is one thing to say that the general population would not know what blockchain is and another to discover that a vast majority of corporations in a region are the same. Yet, this is what a recent poll established, with...
The International Money Fund (IMF) has warned that banks are at risk of being left behind as big tech companies shake up the financial system. In the paper entitled The Rise of Digital Money, IMF authors Tobias Adrian...
The European Securities and Markets Authority (ESMA) has identified regulatory gaps in the licensing regime for fintech firms engaged in the area of crypto- assets, initial coin offerings (ICOs), and distributed ledger...
Mark Cuban is the billionaire mogul who has made it abundantly clear that he sees cryptocurrency as nothing more than a scam. In a recent round of tirade against the industry, he directed his ire at Facebook Libra. He...
Several days ago, it was reported that famous crypto critic Nouriel Roubini challenged BitMEX CEO Arthur Hayes to release the tapes of their debate earlier this month. The discussions were so heated, in fact, that it was...
Big Three credit rating agency Fitch Ratings sees Facebooks cryptocurrency Libra as the latest challenge to the conventional bank payment mechanisms. In a press release dated July 08, Fitch Ratings said that the social...
A new study by cybersecurity firm Kaspersky Lab revealed that only 1 out of 10 people has a full understanding of cryptocurrencies. The report, entitled Uncharted Territory: Why Consumers are Still Wary about Adopting...
In a true case of using blockchain for the greater good, Binance recently announced that it is forming a charity stable coin called Pink Care Token (PCAT). It will be doing so through the Binance Charity Foundation (BCF)...
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