Crypto-enabled hawala transactions: Legal and regulatory implications

Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion on Central Bank Digital Currencies" at the OECD Global Blockchain Policy Forum held in Paris on Sept. 12.Disruptive FinTech addressing “some gaps”…

The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year.Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the…

Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier.The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down their prevailing tightening spree. They prompted some Bitcoin analysts to predict short-term upside continuation, with CryptoHamster seeing BTC at $26,000 next.It seems that…

The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash.

The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong. 284 Total views 3 Total shares Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to…

In determining the success of Web3, security measures like PureFi’s SafeTransact, in addition to Web3 security companies, are an approach to secure transactions from cybercriminals. Own this piece of history Collect this article as an NFTThe success of Web3 is dependent upon solutions to the security issues posed by distinct application structures.Web3 security companies are…

Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains.A blockchain integration for exchangesThe company announced the development in a press release published on Aug. 6. The patent reportedly describes an integration by the Time Ordered Merkle Epoch (TOME) methodology. The…

"For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway," said chief information officer Tom Zschach. 174 Total views 2 Total shares On Wednesday, the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, announced that it…