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Tag: payments system

Stablecoins could ‘fundamentally alter’ banking system, says US FDIC chief

Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require the digital tokens fit in without...

President Putin Envisions a Worldwide Payments System Based on Blockchain Technology

While speaking at a recent international machine learning and artificial intelligence conference, Vladmir Putin, the president of Russia, revealed that he envisioned a future...

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The...

Banks and Crypto Companies are Co-Evolving. Customers Stand to Win. (Arina Dudko)

In the natural world, when two species co-evolve, they develop traits to accommodate the other, and vice versa, in the spirit of mutual betterment....

Russia’s Sber Bank Integrates MetaMask With Blockchain Platform

Russian banking giant Sber plans to be fully compatible with the Ethereum’s DeFi ecosystem.In a Nov. 30 announcement, Sber said that it was integrating...

Binance CEO: we do not See a Viable Business in India

Nov 21, 2022 09:52&nbspUTC | Updated: Nov 21, 2022 at 09:52&nbspUTC By&nbspClark Binance CEO Changpeng Zhao (CZ) says Asian nation is presently not a viable business...

Binance CEO: We Don’t See a Viable Business in India

Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime....

What’s going on with Silvergate, the bank that props up the U.S. crypto market?

Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which...

U.S. Treasury Secretary: ‘More Effective Oversight of Cryptocurrency Markets’ Is Needed

U.S. Treasury Secretary Dr. Janet Yellen has spoken out on regulation of crypto markets in the wake of the recent collapse of crypto exchange FTX. On...

Offchain: Ready and Stable

As the US dollar pulverises the world’s fiat currencies, could stablecoins give crypto the utility it’s been seeking? It’s been a hell of a...

Treasury Department Recommends More Research on U.S. CBDC To Develop Future System of Payments

The U.S. Treasury Department is recommending more research on the development of central bank digital currencies (CBDCs). In a new report, the Treasury Department says...

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