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Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

A new working paper from the Federal Reserve Bank of Philadelphia indicates that the development of a central bank digital currency (CBDC) may create a fundamental shift in the way banks operate.

Stablecoin and Its Potential Business Uses

Stablecoin and Its Potential Business Uses

Blockchain innovation has significantly changed the way we thought in the traditional financial sector. All of those concepts and business models, such as decentralization, cryptographic tokens, and digital ledger, also brought us more imaginations toward the future forms of money.

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

Revenue from MicroStrategy’s $600M Private Offering Will Be Used to Buy Even More Bitcoin

MicroStrategy will host a $600M private offering and the revenue will be used to buy more Bitcoin.

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).

SEC’s Demand for Private Financial Information from Ripple Lead Executives in XRP Case – an “Inappropriate Overreach?”

SEC’s Demand for Private Financial Information from Ripple Lead Executives in XRP Case – an “Inappropriate Overreach?”

The battle between the Securities and Exchange Commission (SEC) and Ripple over how XRP should be regulated continues to stretch on.

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

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