The Bank for International Settlements Introduces the DeFi Stack Reference

In a recent working paper, the Bank for International Settlements (BIS) examined the inner workings of decentralised finance (DeFi) and created the DeFi stack reference (DSR) model to highlight the capabilities of the technology as well as the potential hazards associated with it. The research offered some suggestions as to how the risks associated with … Continue reading The Bank for International Settlements Introduces the DeFi Stack Reference

London is the Next Station for The Internationally Overarching Blockchain Summit

As the Most Prodigious and the Largest Blockchain & Crypto Conferences Hub, Blockchain Economy Summit has just successfully finished its Most Global Blockchain Event Ever in Dubai, UAE on 4-5 October, 2022 with more than 3000 profoundly gratified attendees from 74 countries all over the world. Blockchain Economy Dubai Summit hosted dozens of sponsors like … Continue reading London is the Next Station for The Internationally Overarching Blockchain Summit

The Financial Stability Board (FSB) is pushing for international regulations

A global financial regulator known as the Financial Stability Board (FSB) has the backing of the Bank for Worldwide Settlements (BIS). The FSB is now advocating for worldwide standards for decentralized financial systems (DeFi). The Financial Stability Board (FSB) published a study on decentralized finance and the risks it presents to the overall financial stability … Continue reading The Financial Stability Board (FSB) is pushing for international regulations

The Bank for International Settlements

In the days that immediately followed the collapse of the cryptocurrency firms FTX and Terraform Labs, there was an increase in the amount of trading activity that took place on significant exchanges, according to a report that was released by the Bank for International Settlements (BIS). According to a report released by the BIS on … Continue reading The Bank for International Settlements

Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive

Chief Executive Li Ka-chung expressed his delight at attending the “Convergence of Finance, Innovating the Future” seminar and the Hong Kong Economic Times Business Awards ceremony hosted by the Hong Kong Economic Times. Addressing esteemed guests and friends, Li Ka-chung emphasized Hong Kong’s potential in leveraging its strengths as an international financial center and driving the development … Continue reading Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive

Hong Kong International Airport Launches First-Ever Metaverse

Hong Kong International Airport (HKIA) has partnered with JCDecaux Transport Hong Kong to introduce the first-ever HKIA Metaverse. This groundbreaking initiative, which runs from July 6 to August 31, 2023, provides an immersive virtual world for brands to connect with international visitors and local travelers. The HKIA Metaverse, built on the Web3 ecosystem, comprises three Metaverse Airport … Continue reading Hong Kong International Airport Launches First-Ever Metaverse

Stellar Development Foundation Invests in International Transfer Giant MoneyGram

The Stellar Development Foundation (SDF) has recently become a minority investor in MoneyGram International (MGI) during its go-private transaction with Madison Dearborn Partners (MDP). This announcement was made by Denelle Dixon on August 15, 2023, via the official Stellar blog. SDF’s association with MoneyGram dates back to 2021 when they established a commercial partnership. However, … Continue reading Stellar Development Foundation Invests in International Transfer Giant MoneyGram

UK to Host First International AI Safety Conference in November

In a strategic move to establish itself as a global mediator in technology discussions, the UK government has revealed plans for an International AI Safety Summit. Scheduled to occur on November 1 and 2, the summit aims to engage the UK with other influential nations such as the United States, China, and the European Union. … Continue reading UK to Host First International AI Safety Conference in November

US Deputy Treasury Secretary Proposes Reforms to Enhance Crypto Enforcement Against International Bad Actors

US Deputy Treasury Secretary Adewale Adeyemo detailed three potential changes in a recent hearing to bolster enforcement against foreign criminals who use cryptocurrency. The purpose of these measures is to better equip authorities to tackle financial crimes in the cryptocurrency area and to address the growing usage of digital assets for illegal funding. The first … Continue reading US Deputy Treasury Secretary Proposes Reforms to Enhance Crypto Enforcement Against International Bad Actors

Coinbase International Exchange Launches Non-US Spot Markets

One of the most prominent cryptocurrency exchanges situated in the United States, Coinbase, has just announced a considerable increase of its service offerings. It is also important to note that this expansion is geared towards institutional investors located outside of the United States, since they now have access to spot cryptocurrency trading services on the … Continue reading Coinbase International Exchange Launches Non-US Spot Markets

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