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Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
31.10.2023
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said
Benefits of FXGT.com’s MT5 advanced trader toolkit
31.10.2023
FXGT.com, established in 2019, is a leading and well-established online forex and crypto platform that offers various state-of-the-art tools and services. FXGT.com has earned spurs in the forex trading world by embracing and utilizing ongoing innovations and offering seamless customer satisfaction....
Central Bank of Spain Embraces Digital Euro, Highlights Benefits for Customers
25.10.2023
Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce their customers to the possibilities of the digital euro, a central bank digital currency (CBDC).In a move that signals the central bank’s proactive stance, a brief document was released...
Bank of Spain embraces 'digital euro,' explains its benefits
25.10.2023
The digital euro will make electronic payments a vital piece of the financial system, the statement claims
Unlock the trading benefits with FXGT.com innovations
20.10.2023
A Forex hybrid broker titled FXGT.com is governed by the financial regulators of South Africa, Vanuatu, and Seychelles (as well as CySEC – only for institutional traders). A corporation with three licenses can offer services in more than 100 nations. To find out which jurisdictions FXGT.com...
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
20.10.2023
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Per Finam, the Central Bank and the Ministry of Finance say they are “exploring the possibility of using the digital ruble for government payments,” and want...
Crypto KOLs and trading experts can compound benefits by helping others
19.10.2023
As part of the rapidly evolving crypto landscape, key opinion leaders (KOLs) and prominent traders have found themselves in a unique position of influence and expertise, especially as the industry has reached a multi-trillion dollar evaluation in recent years. Their rise to the top is often...
Congressional Investments in Defense Stocks Raise Ethical Eyebrows Amidst Ongoing Wars
17.10.2023
In the midst of ongoing strife in Ukraine and Israel, stocks of publicly listed defense corporations have seen a dramatic surge. Simultaneously, U.S. government officials have backed substantial war expenditures, and reports indicate a multitude of politicians reaping financial benefits from...
Bitcoin Cash Pushes Higher As It Benefits From Successor Of Its Predecessor Bitcoin
17.10.2023
Bitcoin cash prices rose sharply recently, climbing higher as the digital currency's predecessor rallied following a false statement claiming that the U.S. Securities and Exchange Commission (SEC) had approved a spot bitcoin exchange-traded fund (ETF).
The altcoin, which was created in 2017 as...
EU’s Securities Regulator Weighs In On The Risk and Benefits of DeFi to the Economy
11.10.2023
The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption.
In a report released on Oct 11, the 22-page document highlights the risks posed by a sector that holds much promise and reshaped...
European regulator: DeFi comes with significant risks as well as benefits
11.10.2023
The European Securities and Markets Authority released an article on Decentralized Finance and its risks for the EU Market
Eclipse Announces Solana-Powered Ethereum Rollup
22.9.2023
Eclipse, an organization that allows for the construction of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup. The rollup will benefit from using the Solana Virtual Machine as an execution layer, leveraging this...
‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim
19.9.2023
While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can potentially bring with it “immense benefits.”...
Deciphering the Differences Between Proof-of-Stake and Proof-of-Work
17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...
What Is XRP? A Brief History of the Real-Time Gross Settlement System
13.9.2023
While Ripple has its critics, there exists a passionate ‘army’ of XRP advocates who firmly believe it represents the future of decentralized finance and cross-border settlement. In this Learning and Insights guide, our objective is to walk you through a brief history of Ripple and...
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
12.9.2023
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said
What Are Smart Contracts? Unpacking Today’s Digital Agreements
10.9.2023
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do they offer? Here’s a concise overview of smart...
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...
Top BRICS Diplomats Approached Indonesia With Proposal to Join, Foreign Minister Says
2.9.2023
The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and is yet to decide whether to apply formally. BRICS Nations...
11 benefits blockchain explorers offer both individuals and companies
24.8.2023
Offering both big-picture and detailed views of transactions, blockchain explorers are a powerful tool for both individuals and companies