JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,”...
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The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin as a participant. Enjin announced today it would be exploring...
Inflation is a form of tax that does not require legislation What is inflation? Inflation is the gradual loss of a currency’s buying value. A quantitative measure of the rate at which buying power decreases over time as reflected...
KeeperDAO, an MEV protection protocol on Ethereum, announced today a major update to its DeFi platform. KeeperDAO has introduced a smart contract-based borrowing and liquidation protection service; that gives borrowers the most profitable way to open or upgrade a...
The U.S. Department of State has put out an offer for a bounty in crypto up to the tune of $10 million in exchange for actionable information on cyberattacks that are carried out by foreign governments. This will be...
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The...
Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest run-in with the government, the Directorate of Enforcement (ED) issued a show-cause notice to...
Ledgermatic, a digital treasury management platform, announced today it is now live and compatible with the Algorand ecosystem. Businesses that use the Algorand network, hold ALGO, and use native ASA tokens can leverage Ledgermatic as their custodian and back-office...
Woori Bank, the South Korean financial institution, enters the DACS (cryptocurrency custody services) market. The Woori Financial Group will start offering its client cryptocurrency custody services. It is among the largest South Korean financial institutions. Related Reading | Nifty’s...
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. Their report to the G20 states that enhanced cross-border...