This article is a response to the Fed note published on February 24th. , which goes through a list of preconditions to be met for a general purpose central bank digital currency. it is also marked by an unworthy timidity and lack of concrete solutions.
Decentralized Finance (DeFi) is likely to have a significant impact on how banks operate in the future – and even has the potential to shift the structure of the whole financial system at a macroeconomic level.
2020 saw the ascendence of the still nascent non-fungible token (NFT) economy: sales of the tokens tripled and the crypto bull run of the past quarter has only added fuel to the booming market. The French banking giant’s research unit analyzed participant behaviors and key trends of the ecosystem.
The Office of the Comptroller of the Currency (OCC) has conditionally approved the Anchorage Digital Bank's application for a national trust charter, leading it to be the first crypto bank allowed to operate in all 50 states.