FinTech
Santander to Offer Loans on Tokenized Commodities to Farmers in Argentina
In inflation-ridden Argentina, tokenized commodities could provide much needed credit to the country's farmers.
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Banking
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Banking
Banking
Will the Dollar Stop Being the World’s Reserve Currency?
The U.S. has enjoyed the benefits of the dollar being the world's reserve currency, but economists wonder whether that could change.
Crypto
Minimum Wage in Venezuela Now Pegged to 50% of Controversial CBDC’s Value
Venezuela's "national cryptocurrency" Petro is entirely centralized and has never been proven to be backed by the country's natural resources as claimed.
Crypto
Users Not Happy with Jamaican CBDC’s New Name
After a successful pilot program, Jamaica’s soon-to-be-launched CBDC is named JAM-DEX following a name, logo, tagline and image design competition.
Banking
Credit Suisse Handled Money for Criminals, Alleges $100B Leak
Credit Suisse has engaged in illicit activities despite repeated pledges over decades to remove questionable clients and illicit funds.
Banking
Big Banks in Canada Face Outage Day After Emergency Declared
Five major Canadian banks were hit by an hours-long outage on Wednesday, convincing some that a bank run might be occurring.
Crypto
DBS, Singapore’s Largest Bank, Could Offer Retail Crypto Trading Soon
The largest Southeast Asian bank to remove crypto trading limits this year.
Banking
USDF Consortium Challenges Paxos with First US Bank-Minted Stablecoin
The battle for increased transparency in stablecoin reserves heats up, with US banks now jumping into the mix.
Banking
Fed Finally Identifies Banks that Received $4.5T in Q4 2019 Repo Program
Two years later, we now know the recipients of covered transactions worth a staggering $4.5T as part of the Fed's repo program in late 2019.
Banking
Banks Can Now Treat Public Blockchains Similarly to SWIFT, ACH
The big question: How will this impact CBDC development and stablecoins?
Banking
Bank of Canada: The Financially Illiterate Are Twice as Likely to Invest in Crypto
A recent survey looks particularly bad for Bitcoin. But - are the financially literate educated on Bitcoin?