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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, has secured new partners and funding as it prepares for its bid to bring high-interest savings opportunities to Africa.Set to launch its mainnet in March, the firm announced Tuesday that it has partnered with software service provider

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Senator to launch Financial Innovation Caucus to educate lawmakers on crypto

Senator Cynthia Lummis, the first senator in the history of the United States to own Bitcoin, has revealed plans to launch a Financial Innovation Caucus to educate her fellow senators on cryptocurrency and digital assets.Appearing on Anthony Pompliano’s podcast on Feb. 2, Lummis announced her intention to establish the caucus,

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Top Russian bank Sberbank plans to launch its stablecoin by spring 2021

Sberbank, the largest state-owned bank in Russia, has reportedly filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin.Sergey Popov, director of the transaction business at Sberbank, announced the news on Jan. 21 at a local financial event Russian news agency Interfax reports.At

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