Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange


Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had...

Japanese Card Giant JCB Readies Crypto Interoperability Pilot


In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot. In a press release, the Japanese card firm said that it had begun working on a pilot with Cowry, a Tokyo-based...

Bank of England Governor Warns Cryptocurrencies Won’t Last


The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies...

Financial Professions Must Pivot to Stave Off Technological Extinction


Erica Pimentel, PhD Candidate in Accounting, Concordia Public Scholar, Concordia University. ___ Blockchain technology threatens to upend the financial sector. While this presents an opportunity to reduce costs for businesses and consumers alike, it may also make some professions, like accounting...

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