Decentralized and traditional finance tried to destroy each other but failed
Crypto to prevail over the traditional financial system, instead, competing industries started to adopt each other's technologies and cooperate. The...
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Central bank tells Thai banks not to offer crypto trading
The Bank of Thailand doesn’t want local banks or businesses using crypto, while the tourism ministry is still trying to...
Altcoin roundup: There’s more to DeFi than just providing liquidity
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi. The growth of...
Ghana’s vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries. Ghana's vice president Dr. Mahamudu Bawumia believes that African governments...
Bank of Korea selects Kakao’s blockchain arm for digital won tests
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. The...
UK will hold back action against crypto ‘pockets of exuberance’ for now
The Bank of England's latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity...
Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain
Vietnamese news outlets have reported that the country's prime minister, Phạm Minh Chính, has tasked the State Bank with studying...
Japan’s finance industry awaits clearer picture of digital yen in 2022
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued....
Russia’s central bank to study crypto investment risks
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard. Russia’s central...
Demand for digital euro not yet clear, says BBVA exec
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation...
Bank of Israel deputy governor confirms digital shekel pilot is underway
Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and...
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. A Russian State...