Fintech Innovations Are Transforming Financial Services Sector: Report
Fintech innovations such as open banking, CBDCs, stablecoins, and instant payments are driving transformation in the financial sector.
Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
Bitcoin & Stablecoins to help address currency volatility in African countries and provide a more stable and reliable means of exchange.
“CBDCs & Stablecoins, and Crypto Assets need a differentiation” IMF mentions
G20 nations and IMF mentioning the need for differentiation between CBDCs & Stablecoins, and Crypto Assets.
Binance Stablecoin Is a Security, SEC Tells Paxos: WSJ
Binance USD issuer Paxos has reportedly been hit with a Wells notice, meaning the SEC intends to sue unless it can be convinced otherwise
X8 AG Submits a Swiss Fintech Licence Application
X8 AG Submits a Swiss Fintech Licence Application X8 AG. 8th February, 2023 X8 AG submitted the application for a Swiss FinTech license according to Art. 1b Banking Act with the intention of operating a regulated global stablecoin system. Switzerland, Feb 8, 2023. The X8 AG team has successfully submitted the application to FINMA, the […]
WEF Great Reset could fail if crypto remains unregulated
Financial expert says the WEF Great Reset agenda will fail if cryptocurrency market remains unregulated, and that homogenised cooperation is essential
Investor Calls for More Crypto Regulations From WEF
The World Economic Forum (WEF) kicked off Monday and while global elites are slated to discuss a variety of topics, at least one market observer is clamoring for crypto regulations to be part of the conversation.
SEC on lessons for the crypto industry to learn.
Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.
Crypto Companies Charged For Offering Unregistered Securities
The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny.
Binance CEO halts withdrawals of stablecoin USDC
Binance now taking steps to get cash out of its exchange following concerns about its reserves, after a report that claimed its Bitcoin was over-collateralized.