While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC of Mauritius asked seven questions to the public.
Crypto reshapes the American dream for younger generations: Report
Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report.
Microsoft, Goldman Sachs, others partner in new blockchain network
The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.
China and Singapore team up to scale green and transition financing
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.
South Korea launches Metaverse Fund to expedite domestic initiatives
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.
China announces plans for new national financial regulator
The new administration will replace the current banking and insurance watchdog, which coincides with a more extensive government overhaul.
Coordinated global crypto policies: G20 key financial stability priority
India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.
Education is key to financial freedom, says Bitcoin advocate Najah Roberts
The Agenda podcast discusses the importance of financial literacy and education in Part 2 of a conversation with BTC advocate and entrepreneur Najah Roberts.
DeFi securitization of real-world assets poses credit risks, opportunities: S&P
Decentralized finance protocols could attract institutional interest if they get securitization right, according to S&P Global Ratings.
U.S. home-loan banks lent billions of dollars to crypto banks: Report
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.
Decentralized forex will reduce cost by as much as 80%: Report
The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading USDC and EUROC stablecoins at Uniswap.
Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist
Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
Does the IMF have a vendetta against cryptocurrencies?
Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself?
Western Union may be planning to expand its digital offerings far beyond remittances
Trademark applications seem to hint at an asset and commodities exchange, insurance and Western Union’s own token as it faces increasingly diverse competition on the remittances market.
Crypto resonates better with BIS’ vision of ideal monetary system
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.”
Bitcoin and banking’s differing energy narratives are a matter of perspective
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar.
Crypto 401(k): Sound financial planning or gambling with the future?
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical.
Decentralized credit scores: How can blockchain tech change ratings
Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.