The rise of Apple Pay and embedded finance in popular consumer products had long been a looming threat to legacy banks. Now, central banks were feeling the squeeze
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
Sam Bankman-Fried (SBF) has agreed to help
ex-investors go after promoters of FTX, including Tom Brady, Larry David, and Gisele Bundchen. In exchange, the suit against him will be dropped.
For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered.
Kicking off with the digital euro — and a whitepaper was released this week that
Progress may not happen soon. Just like London — which faces political uncertainty as an election looms — Washington is likely to grind to a standstill as the presidential battle heats up.
There has been growing enthusiasm for privacy-preserving protocols in recent years — driven by a concern that transactions using mainstream coins are broadcast for the world to see on the blockchain.
