Tag: Financial Innovation

With Mastercard, MetaMask Tests First Blockchain-Powered Payment Card

MetaMask has partnered with Mastercard to introduce a pioneering crypto payment card. This innovative web3 payment solution not only enhances the utility of...

VanEck Introduces Zero Fee for Pioneering Bitcoin ETF

VanEck, a premier global investment manager, has announced a groundbreaking initiative for its Bitcoin ETF, named HODL. Kyle DaCruz emphasized the importance of...

Breaking: SA issues first-ever crypto licences to 59 firms

South Africa's FSCA crypto licenses were granted to 59 cryptocurrency firms. In August 2022, the SARB laid down guidelines for financial institutions...

BRICS Nations Collaborate on Groundbreaking Blockchain Payment System

BRICS nations are spearheading the creation of a groundbreaking payment system. The BRICS payment system, which leverages blockchain and digital currencies, embodies a...

Crypto Crackdown in Nigeria: Balancing Economic Stability and Innovation

Nigeria has blocked access to prominent crypto-based entities like Coinbase, Binance, and Kraken to boost its failing fiat currency. As per officials, the...

From Proof-of-Concept to Possibilities: Citibank’s Digital Asset Frontier

Citibank announced the successful completion of a proof-of-concept on private fund tokenization. Following Citi's announcement, Avalanche's AVAX coin witnessed a notable surge, reflecting...

From Vision to Reality: BSP’s Two-Year Plan for Wholesale CBDC Implementation

Governor Eli Remolona Jr. recently unveiled the BSP's ambitious endeavour, emphasizing a departure from blockchain technology in favour of a wholesale CBDC model. ...

Bitcoin Depository Receipts (BTC DRs): A Game-Changer for Institutional Investors in 2024

Bitcoin Depository Receipts are DTC-eligible Bitcoin securities aligning with the US-regulated market. BTC DRs contain similar principles and allow Qualified Institutional Buyers to...

CBDCs in Focus: The 15 Essential Questions Steering the Evolution of Digital Currencies

The pivotal 15 questions CBDCs must answer to pave the way for their widespread adoption. These 15 questions span five domains: design, technology,...

Bridging Finance Worlds: Mastercard’s MoonPay Partnership

Mastercard is partnering with MoonPay to integrate cryptocurrency and explore the potential of Web3 tools in the global payment landscape. The partnership aims...