Innovation

Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
Mar 29, 2021 at 14:11
News
Time and Money: 1 Reason Why Peaceful Co-Existence of CBDC and Cash Is Healthy for Finance
As digital payment tools become increasingly widespread, traditional finance is also seeking to create a worthy alternative to the existing means. That is why numerous countries are exploring the potential of Central Bank Digital Currency (CBDC).
Sink or Swim: Young People Are Often Choosing High-Risk Investments While Lacking Knowledge
Mar 25, 2021 at 10:30
News
Sink or Swim: Young People Are Often Choosing High-Risk Investments While Lacking Knowledge
Cryptocurrency investments are becoming increasingly popular as the prices go sky-high. Like any kind of innovation, it attracts numerous young people with its disruptive potential and a promise of high profits. However, a careless attitude to high-risk investments can have a devastating impact on their lives.
London's Fintech Industry Grows Faster than Anywhere in European Union
Mar 21, 2021 at 11:44
News
London's Fintech Industry Grows Faster than Anywhere in European Union
Despite the effect of Covid-19 pandemic on innovations, London’s financial technology (Fintech) industry is gaining more traction than any other region in the European Union (EU). More than £50 billion has been invested since the start of 2019 in the UK’s fintech industry.
Cryptocurrency vs Fiat: How Terrorists Use Various Kinds of Money to Fund Their Activities
Feb 09, 2021 at 16:01
News
Cryptocurrency vs Fiat: How Terrorists Use Various Kinds of Money to Fund Their Activities
Cryptocurrency is a powerful weapon used to overthrow governments. Terrorists are taking advantage of this new innovation in the finance industry. However, it’s not just cryptocurrency that is being used to facilitate terrorism activities; huge sums of fiat money transactions have been made worldwide to support the same act.
3 Major Economic Implications of Central Bank Digital Currencies
Jan 31, 2021 at 15:23
News
3 Major Economic Implications of Central Bank Digital Currencies
The COVID-19 pandemic has opened the eyes of many central banks and has now taken a route of fintech innovation. Some of the major tools being currently looked at is introducing central bank digital currency (CBDC) into the finance and banking industry. But the main question is how these new forms of digital currencies impact the economy.
Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
Jan 28, 2021 at 15:06
News
Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
The coming of Bitcoin (BTC) and other cryptocurrencies has totally changed the game of payments. More governments and payment service providers have now appreciated the need for digital currencies in the payment sector. Benefits of cryptocurrencies include cheap transaction fees, privacy, fast, transparent and secure money transfers.
The USA Aims at Defeating China's Hegemony in Cryptocurrency Mining
Dec 11, 2020 at 14:58
News
The USA Aims at Defeating China's Hegemony in Cryptocurrency Mining
The United States mining pools are building their capacity to defeat China's hegemony in cryptocurrency mining.
South Korea Supports Cryptocurrency Business by Postponing Tax Increase
Dec 01, 2020 at 13:59
News
South Korea Supports Cryptocurrency Business by Postponing Tax Increase
South Korea is known for its friendly stance on innovations including cryptocurrency. The country has even announced plans for releasing their own CDBC dubbed the digital won. However, they also show support to businesses dealing with other digital currencies.
Switzerland Has Amended Blockchain Regulations for the Crypto Valley to Grow
Oct 22, 2020 at 13:12
News
Switzerland Has Amended Blockchain Regulations for the Crypto Valley to Grow
The Swiss parliament has passed new amendments to the country’s blockchain and cryptocurrency regulations. The new framework is aimed at boosting the Swiss community and confirming the country’s status of Crypto Nation.
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