A new report published by financial services and banking giant Wells Fargo suggests cryptocurrencies could be near a “hyper-adoption phase” similar to the one that the internet saw during the …
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The Reserve Bank of India is setting up a fintech department to keep up with crypto
The Reserve Bank of India (RBI) has created a new department to identify challenges and opportunities in financial technology, particularly around cryptocurrency. The new fintech department has been operational since …
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BoE deputy governor Sir Jon Cunliffe says cryptos could pose a danger to the financial system
Bank of England (BoE) deputy governor Sir Jon Cunliffe has warned that the rapid growth of cryptocurrencies could pose a serious threat to the established financial system. In an interview …
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The Federal Reserve Bank says DeFi has sparked a “wave of innovation”
The Federal Reserve Bank of St. Louis says decentralized finance (DeFi) has “unleashed a wave of innovation” that could create a more transparent financial infrastructure in the future. DeFi is …
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Bitcoin (BTC) Could Completely Replace $5 Trillion FX Market As Base Layer Currency
Bitcoin evangelist Max Keiser says that BTC has the potential to become the new base layer currency and replace the entire $5 trillion foreign exchange (FX) market. In an episode …
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