Finance Redefined: Swindling the lender and a $100M pot, Aug. 30–Sept. 3
Hackers run wild, but DeFi marches on; all covered in this weeks Finance Redefined.
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UK-based banking firm Standard Chartered joins Global Digital Finance patron board
The bank joins Coinbase, Huobi, SIX Digital Exchange, 100x Group, and other industry leaders to advocate for the adoption of digital assets.
Nigeria’s central bank partners with fintech firm Bitt Inc for CBDC rollout
The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April.
South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as…
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions…
Singapore central bank shortlists 15 companies to develop retail CBDC
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on…
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