EU Commission report suggests rethink of regulatory approach to DeFi
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders
Auto Added by WPeMatico
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have…
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this…
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it…
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs…
The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the…
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve…
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role…
Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.
Cryptocurrency-based loans have grown to be one of the most utilized decentralized finance (DeFi) that have emerged from the cryptoverse.