Category: Financial Services

Bitcoin and banking’s differing energy narratives are a matter of perspective

June 11, 2022

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The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities. The report revealed that for […]

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Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox

June 6, 2022

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The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions. 1407 Total views 18 Total shares The Bank of Uganda is open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox, inviting members of the Blockchain Association […]

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Swinburne Uni brings Web3 firms to class

May 27, 2022

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The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa co-creating content, hosting lectures, providing case studies and even giving students access to their networks. 688 Total views 13 Total shares Australia’s Swinburne University of Technology has partnered with two financial technology firms which will […]

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Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House

May 20, 2022

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The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. 972 Total views 39 Total shares Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department […]

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Decentralized credit scores: How can blockchain tech change ratings

April 24, 2022

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The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be a need to borrow and a desire to lend. Lending involves […]

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Looking to take out a crypto loan? Here’s what you need to know

April 24, 2022

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Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality, sees most of the total value locked (TVL) on DeFi protocols dominated by cryptocurrency lending […]

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BIS releases study of CBDCs and their role in financial inclusion of the unbanked

April 12, 2022

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The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges. 911 Total views 44 Total shares The Bank for International Settlements, or BIS, released a paper Tuesday on central bank digital currencies, or CBDCs, and how they can be used to meet policy […]

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Georgian central bank prepares legislation to regulate the crypto market

April 5, 2022

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The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. 1125 Total views 42 Total shares Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on […]

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In defense of crypto: Why digital currencies deserve a better reputation

March 12, 2022

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Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies. Unfortunately for crypto, first impressions count. Bitcoin (BTC) initially gained a tawdry reputation in its […]

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Tribal Credit raises $40M in ‘hybrid’ debt round funded by dollars and stablecoins

January 6, 2022

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The company is pushing new use cases for blockchain payments through its partnerships with Bitso and Stellar Development Foundation. 1712 Total views 36 Total shares Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business […]

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