The President’s Working Group on Financial Markets plans to discuss stablecoins at a meeting on July 19, the U.S. Treasury Department announced Friday. Treasury Secretary Janet Yellen is convening the working group,
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Finsight Breaking News
Revolut, the financial superapp with more than 16 million customers worldwide, today announced an $800m series E funding round, valuing the business at $33 billion. The new funding round brings onboard two
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JPMorgan Chase Survey: Business Leaders’ Optimism, Growth Expectations Soar Past Pre-Pandemic Levels
Nearly 9 in 10 business leaders (88%) are optimistic about their company’s performance for the next six months, the highest percentage recorded in 11 years of the survey, and up from 56%
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Where are we with the bitcoin/cryptocurrency battle – are we winning? The paradigm has shown and proven that bitcoin or crypto can be adopted. Corporates want to use it and people want
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What is DeFi? DeFi simply stands for decentralized Finance which is blockchain (use of Ethereum) based. It brings value to assets we own as compared to the ‘IOU’ system used when we
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The boundaries and changes in the banking sector Fintech has been the digital challenger to banks. However, examples of boundaries that exist and prevent the experiencing of full benefits of the technological
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The boundaries and changes in the banking sector Fintech has been the digital challenger to banks. However, examples of boundaries that exist and prevent the experiencing of full benefits of the technological
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To track the performance of Ethereum, QETH11 will follow the CME CF Ether Reference rate, the same that is used by the CME Group. The QETH11 will buy Ethereum in the open
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A new bitcoin law expected to be introduced into Paraguay’s legislature tomorrow will require cryptos to be registered with the country’s Undersecretariat of State Taxation, Decrypt reported Tuesday, citing a draft of the bill it said
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The UAE central bank is planning to roll out a digital currency as part of its 2023-2026 strategy, according to state news agency WAM. Jurisdictions like ADGM and DIFC have introduced crypto
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