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Be persistent with the SEC, says Franklin Templeton digital asset head
1.6.2024
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator
Israel launches digital shekel CBDC experiment for payments
29.5.2024
The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub
Nomura and GMO Collaborate on Japanese Stablecoin Issuance
27.5.2024
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services....
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
23.5.2024
The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote...
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
22.5.2024
Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
US House of Representatives Set To Vote On Decentralization Bill
21.5.2024
The eagerly anticipated Decentralisation Bill, officially known as "The Financial Innovation and Technology for the 21st Century Act" (FIT21), is about to go to a vote in the US House of Representatives.
The post US House of Representatives Set To Vote On Decentralization Bill appeared first...
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
21.5.2024
Former Congressman Kendrick Meek is hopping on board Coinbase’s global advisory council just before the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21).
The post Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation...
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
Philosopher Yuval Noah Harari warns of AI’s risks in finance
7.5.2024
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system
Belarus Actively Developing CBDC Platform on Hyperledger Fabric Blockchain
31.1.2024
Belarus is at the forefront of financial innovation as it takes significant strides towards introducing its Central Bank Digital Currency (CBDC), the digital Belarusian ruble. In collaboration with the Center for Banking Technologies, the National Bank of Belarus is leveraging the open Hyperledger...
US Representative French Hill Optimistic on Progress of Crypto Legislation
31.1.2024
During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act. US Representative French...
Brink’s Makes Strategic Investment in Cryptocurrency Custody Firm BitGo
24.1.2024
On January 24, Brink’s announced the partnership with BitGo, a cryptocurrency custody firm. As part of this collaboration, Brink’s will serve as BitGo’s global secure logistics and vaulting provider. BitGo is delighted to partner with @Brinks as we advance financial innovation...
Deloitte & Paxos Share Insights on Stablecoins and Financial Innovation – Here’s What You Need to Know
8.11.2023
Deloitte. Source: Adobe / Tobias Arhelger Banks and large institutional players are looking for avenues into the stablecoin industry following PayPal’s latest crypto foray, according to Deloitte Principal and Partner Richard Rosenthal. In conversation with Paxos Head of Strategy Walter Hessert,...
BBACHAIN Layer I Blockchain Technology: A Revolutionary Leap in the Crypto Space, Unveiling at Upcoming Global Events
13.10.2023
PRESS RELEASE. Imagine a world where technology not only meets financial innovation but also crafts a future where transactions are not merely conducted but are optimized for user benefit and technological advancement. This is not a distant dream but a tangible reality brought to life by BBACHAIN...
WFIS to facilitate Indonesia’s most disruptive integration of technology & FSI
27.9.2023
Tech innovations are transforming organizations across sectors, especially causing massive paradigm shifts in the financial services industry. In the wake of the situation, the world’s largest archipelago is propelling forward with its digital economy and has already produced multiple fintech...
Crypto-Friendly UK Home for Financial Innovation, Ripple Co-Founder Says
26.9.2023
The United Kingdom is “a home for financial and technological innovation,” according to Chris Larsen, co-founder and executive chairman of US fintech and blockchain firm Ripple.
The comment from Ripple’s co-founder came in response to a video shared by UK Chancellor Jeremy Hunt on social media...
Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
13.9.2023
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would...