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“Users usually have to pay fees in the process of converting their local currency into USDC, and this is a barrier to broader international adoption,” the post read. “The way to correct this, and accelerate adoption of USDC internationally, is by establishing global parity for all users.” Original Source
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The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner. EU Commissioner Calls on U.S. Lawmakers to Establish
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press release PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digital tokenized versions of company shares, which can then be quickly and easily bought and sold all over the world.
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The Turkish crypto and blockchain ecosystem is working hard to
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As a majority stakeholder, About Capital intends to fuel Huobi’s
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The top-10 crypto exchange by volume will have a new controlling shareholder. Source
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Plus the FSB’s two most muscular members, the U.S and the EU, are now starting to act. They will likely want others to follow suit – to avoid crypto companies, as they see it, stealing their business by offshoring to less-regulated climes. (China, the G20’s other major economy, may well
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Rome wasn’t built in a day, and it will also
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Following experiments involving the central banks of France and Germany as well as HSBC, NatWest, Standard Chartered, UBS and Wells Fargo, SWIFT said it has carried out transactions between different blockchain networks, using both CBDCs and fiat currencies. Original Source
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The lobby groups, which also include the Futures Industry Association, the International Swaps and Derivatives Association, the International Securities Lending Association, the Bank Policy Institute, the International Capital Markets Association, and the Financial Services Forum, want to see the cap raised from 1% to 5% of a bank’s Tier 1
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