Turkey Bans Use of Cryptocurrencies for Payments | DeFi Protocol Attracts $1 Billion Total Value Locked in First 10 Days | Blackrock CEO: Crypto ‘May Become a Great Asset Class’ But Isn’t a Substitute for Currency
In legislation published in the Official Gazette overnight, the Central Bank of Turkey (CBRT) said cryptocurrencies and other such digital assets based on distributed ledger technology could not be used directly or indirectly as an instrument of payment, as reported by Reuters. The crypto industry has gained mainstream exposure this year following bitcoin’s massive winning […]
Digital assets, including cryptocurrencies, non-fungible tokens (NFTs) and central bank digital currencies (CBDCs), are having an exciting year 2021, with many developments and...
Romania’s central bank, Banca Națională a României, notes the growing public interest in cryptocurrencies and warns that these remain “speculative assets, very volatile and extremely risky,” which have a high potential to generate financial losses for investors. However, the central bank believes the risks specific to the possession and trading of cryptocurrencies “do not represent […]
The annual Financial Times Asia-Pacific High Growth Companies ranking places Lakeba as the fastest growing Fintech in Australia.“Our no-nonsense approach is paying off,” says Lakeba’s CEO, Giuseppe Porcelli.Lakeba’s growth is driven...
Julius Baer has rolled out its Digital Advisory Suite (DiAS) in Asia that aims to simplify the complexity of regulations for relationship managers, enabling...
