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Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

A collaboration between MPC and iSunOne is set to revolutionize the Islamic financial structure with blockchain technology.

Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Germany’s Federal Financial Regulator Warns Investors Over Bulgarian Crypto Broker

Bulgarian crypto broker, 5 Capital, has been offering financial services to investors without being approved by the Germany financial watchdog, federal financial supervisory authority (BaFin).

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

The Digital Dollar Project (DDP) is the focus of the Digital Dollar Foundation and advocates the need for a CBDC. In their recently released whitepaper, the DDP stipulates that it aims for the US dollar to maintain its global dominance but further warns that the work needs to begin immediately. The DPP also calls for public-private collaboration, including the use of a two-tier system for the spread and distribution of retail digital dollars.

SEC Justifies Why It Wants to Access Ripple Executives’ Personal Financial Records in XRP Case

SEC Justifies Why It Wants to Access Ripple Executives’ Personal Financial Records in XRP Case

The SEC has pushed back against Ripple co-founder Chris Larsen and CEO Brad Garlinghouse’s motion to quash the subpoenas related to their personal financial records.

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The French cybersecurity firm Nigma Conseil and the Austrian Institute of Technology (AIT) have announced a partnership aimed to create a new blockchain forensics instrument.

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion

Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.

Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure

Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure

Recently, Ant Group Chairman Eric Jing spoke about the future of financial infrastructure, and that blockchain will become a new standard.

United States Financial Regulators Sign Onto the Global Financial Innovation Network

United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development

Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development

Japanese automotive company Toyota Motor Corporation, in collaboration with Toyota Financial Services Corporation announced its Blockchain Lab involving six Toyota Group companies. The Lab plans to focus on exploring the future of the automotive industry, and said it aims to become a “Mobility Company.”

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