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Nalezeno "Banking": 2618

How DeFi Can Help Narrow Wealth Gap


  Hisham Khan, CEO of Aldrin, a Solana-powered crypto exchange._____ In 2021, we saw crypto become more accessible to those who truly need it. In 2022, we could finally see the wealth gap start to narrow. While a significant portion fueling the adoption of crypto has been hype and speculation...

Seba Bank raises $119M in Series C funding


“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank

CBDCs in 2022: New Trials and Competition with Crypto


___  ___ Central bank digital currencies (CBDCs) were one of the biggest stories of 2021 as far as blockchain and cryptocurrencies were concerned, even if CBDCs don’t necessarily have anything to do with either blockchain or decentralized cryptocurrencies. Because for each new all-time high...

Major South Korean Securities Firms, Investors Warming to Crypto


  South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.... Read More: Major South Korean Securities...

Polish Banks Mull CBDC, Cryptoasset Projects


  Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its...

Sberbank Launches First Blockchain ETF in Russia


Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...

Global Debt Reaches a Record USD 226 Trillion


  Vitor Gaspar, Director of the International Monetary Fund (IMF)’s Fiscal Affairs Department, Paulo Medas, Division Chief in the same department, and Roberto Perrelli, a Senior Economist in the IMF’s Fiscal Policy and Surveillance Division, Fiscal Affairs Department._____... Read More: Global...

Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets


  The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins. Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which...

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