system
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Pakistan banks agree on blockchain-based KYC system development
The Pakistan Banks’ Association (PBA) — a group of 31 traditional banks operating in Pakistan — signed off on developing…
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Near Protocol releases blockchain operating system for Web3
The decentralized application (DApp) Near Protocol is releasing a new blockchain operating system, focusing on improving user experience on Web3 through…
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Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency,…
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Metaverse
Colombia’s legal system experiments in the metaverse: Report
A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more…
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5 ways CBDCs could impact the global financial system
Central bank digital currencies (CBDCs) are digital versions of fiat currencies that are backed and issued by central banks. Here…
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Regulation
IMF Directors Issue Crypto Warning, Call for Coordinated Policy Response To Protect Global Monetary System
The executive board of the International Monetary Fund (IMF) considers the rising adoption of crypto assets a threat to the…
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Blockchain
Archblock to use Chainlink’s proof-of-reserves system for TrueUSD verification
Blockchain Archblock, the issuer of TrueUSD stablecoin, said it will use Chainlink’s proof-of-reserves system to let users verify its reserves…
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San Francisco federal bank eyes CBDC system development, reveals job posting
The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related…
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Regulation
‘Unregulated, rogue’ crypto exchanges to end under passport system, says O’Leary
Ad Entrepreneur Kevin O’Leary advocated for an exchange passport system that oversees cryptocurrency regulation on a global scale. “I think…
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Blockchain
Breaking: Justin Sun Announces Tron And ChatGPT Based Payment System
Blockchain Tron founder Justin Sun on Saturday announces a plan for Tron blockchain and artificial intelligence (AI) oriented decentralized payment…
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