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US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say


The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...

Davos Experts: Central Banks Focus on Crypto Due to Fear of Exclusion


Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 24 January. European Commission executives have conceded that there is a pressing need for digital alternatives to conventional currency – but continue to condemn cryptocurrencies as “highly...

Davos Experts Say Regulation Is the Key to Unlocking Tokenization


Blockchain industry participants in Davos believe that digital tokens could transform the world of business and art – providing the capacity to “break down an Andy Warhol painting into a million different tokens.” The industry professionals were speaking at a session entitled “From Token Assets...

Davos Experts: Fintech Unopposed in Sweep Through Developing World


Jin Keyu, Professor of Economics, London School of Economics and Political Science, United Kingdom, speaking in the Shaping the Future of Financial and Monetary Systems session at the World Economic Forum. Digital finance, cryptocurrencies and blockchain technology-powered economics are sweeping...

Crypto Experts Join OECD ‘High Level’ Advisory Board


The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy...

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