Kenya Makes Bold Move by Passing Bill to Regulate Cryptocurrency In a groundbreaking development, Kenya has taken a significant step towards regulating the realm of cryptocurrencies. The recent passing of the Virtual Asset Service Providers Bill not only signifies a pivotal moment for the country but also positions Kenya as one of the trailblazers in […]
Quantum-classical hybrid outperforms, according to HSBC and IBM study
Quantum-Classical Hybrid Outperforms: HSBC and IBM Study Reveals Insights In the realm of corporate bond trading, where every microsecond and every fraction of a percentage point matter, the quest for more effective and efficient trading strategies never ceases. Recently, HSBC and IBM made waves in the financial world by unveiling groundbreaking findings from a collaborative […]
Russia pays first salary in digital rubles
Russia Makes History: First Salary Paid in Digital Rubles In a groundbreaking move towards digitization, Russia has marked a historic moment by paying its first salary in digital rubles. This significant step showcases the country’s commitment to embracing the digital economy and exploring the possibilities offered by Central Bank Digital Currency (CBDC). The introduction of […]
Swiss banks achieve milestone with deposit token test
Swiss Banks Achieve Milestone with Deposit Token Test Switzerland, known for its precision in watchmaking and banking, has once again proven its commitment to innovation with the recent successful deposit token test. This milestone not only showcases Switzerland’s dedication to staying at the forefront of digital money innovation but also underscores the country’s ambition to […]
Openbank adds cryptocurrency trading for German customers
Openbank Adds Cryptocurrency Trading for German Customers Openbank, the innovative digital bank, has made a significant move by introducing cryptocurrency trading for its German customers. This new service not only caters to the growing demand for digital assets but also positions Openbank as a forward-thinking financial institution in the ever-changing landscape of banking and investment. […]
Bank of Russia plans crypto derivatives access for funds
Bank of Russia Paves the Way for Crypto Derivatives in Mutual Fund Portfolios In a groundbreaking move, the Bank of Russia is set to revolutionize the investment landscape by allowing futures contracts on Exchange-Traded Funds (ETFs) that track Bitcoin to be included in mutual fund portfolios. This decision comes as part of new regulations by […]
Stablecoins, tokenisation, and AI to feature at Fed event
Stablecoins, Tokenisation, and AI Take Center Stage at Upcoming Fed Event As the financial landscape continues to shift and adapt to the demands of the digital age, key players in the industry are constantly seeking innovative solutions to streamline processes, enhance security, and improve efficiency. A prime example of this drive towards innovation can be […]
Hong Kong sees surge in stablecoin licensing interest
Hong Kong Emerges as a Hub for Stablecoin Licensing Amid Surge in Interest The world of finance is constantly evolving, and one of the latest trends taking center stage is the rise of stablecoins. These digital currencies, pegged to stable assets like fiat currency or commodities, offer a reliable store of value and a medium […]
Crypto executives urged UK to create national stablecoin strategy
Crypto Executives Urge UK to Develop National Stablecoin Strategy In the realm of cryptocurrencies, stability is often a rare commodity. However, stablecoins have emerged as a solution to this volatility, offering a digital asset pegged to a stable reserve asset like the US dollar or gold. Recently, crypto executives have been urging the UK to […]
Laser Digital first to offer regulated crypto options in Dubai
Laser Digital: Pioneering Regulated Crypto Options in Dubai In a groundbreaking move for the crypto world, Laser Digital has emerged as the first company to offer regulated cryptocurrency options in Dubai. This strategic initiative marks a significant step towards bridging the gap between traditional finance standards and the ever-expanding realm of digital assets. The project […]