Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers The Central Bank of Russia (CBR) […]
Big 4 accounting firm Deloitte says that Bitcoin could contain part of the blueprints of a “state-sponsored cryptocurrency” as the race for central bank digital currencies (CBDCs) develops. In a new report titled “State-Sponsored Cryptocurrency: Adapting the best of Bitcoin’s Innovation to the Payments Ecosystem,” Deloitte analysts hash out the main differences between Bitcoin – […]
The Monetary Authority of Singapore (MAS) has granted in-principle approval to Digital Treasures Center (DTC), a payment company based on distributed ledger technology. With a license under the Payment Services
Dan Schulman, CEO of payments giant PayPal, thinks crypto will redefine the global financial system. The tech veteran sat down in an interview with Israeli technology publication CTech to reveal his thoughts on the burgeoning digital asset space. “I’m very excited about what crypto and digital ledger technology can do to the financial system going […]
Tokenization, also known as fractionation, is the process of dismantling the ownership and control of a cannabis asset into little pieces of tokens. These smaller tokens are sold, bought, held, exchanged, and traded on recognized platforms. Tokenization has always been a concept before the internet, before the mainstream. In traditional financial bodies, it was known as "stocks," sometimes the contractual rights of a corporation. The advent of Web3 in recent months has made the term a go-to word in the crypto space. In some months, other new terminologies will be communicated across the space to explain the distributed ledger technology on which Web 3 is built.