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Finance

Is this a hint at what BRICS currency system will look like?
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14 October, 2024

Is this a hint at what BRICS currency system will look like?

Deputy Chairman of the State Duma, Alexander Babakov, dropped a hint in late September that BRICS could use blockchain technology...
Stablecoins vulnerable to macroeconomic monetary policy: ECB
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14 October, 2024

Stablecoins vulnerable to macroeconomic monetary policy: ECB

A European Central Bank and the Bank for International Settlements report finds that "crypto shocks" have little effect on traditional...
SWIFT trials digital currency and asset transactions in 2025
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11 October, 2024

SWIFT trials digital currency and asset transactions in 2025

The 2025 SWIFT trial will enable European, North American, and Asian firms to transact interchangeably with emerging digital assets and...
Brazil explores tokenization, DeFi with Drex CBDC
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9 October, 2024

Brazil explores tokenization, DeFi with Drex CBDC

Banco Central do Brasil has been struggling to find the right balance on the disintermediation spectrum as Brazil steps up...
UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
HSBC issues digital bond; HKMA aligns OTC with European laws
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4 October, 2024

HSBC issues digital bond; HKMA aligns OTC with European laws

The Hong Kong dollar-denominated bond is the first digitally native bond by a private sector entity in Hong Kong, building...
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