Article by Steve Kaaru
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12 April, 2024
Zimbabwe launches new gold-backed currency, but age-old challenges remain
It was the U.S. dollar and South African rand, and then Zimbabwe switched to a USD-backed bond note, then the...
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12 April, 2024
Sony Bank explores yen-pegged stablecoin
Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
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11 April, 2024
Metaverse has critical role in medical tourism hitting $200B by 2027: report
A report by Omnia Health says medical tourism faces challenges the metaverse can solve, such as stressful pre-travel arrangements and...
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11 April, 2024
Financial industry bodies defend permissionless blockchains against Basel Committee’s classification
Basel Committee on Banking Supervision published a report in December claiming that all permissionless blockchains are risky and banks must...
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11 April, 2024
Hong Kong’s largest digital bank pursues stablecoin issuers
ZA Bank will offer stablecoin issuers accounts for cash reserves and is exploring possibly custodying stablecoins and other digital assets...
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10 April, 2024
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...
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