This was a challenging week for Credit Suisse’s top managers and its public relations department: they had to deal with media attacks on their financial standing that predicted a coming collapse for the bank. Now, the media seems to be divided on this issue.
It is hard to say
One of the biggest investment banks in Japan, Nomura, announced the launch of a new crypto venture capital unit which will focus on DeFi, Web3 and blockchain projects.
Nomura is one of the oldest banks in Japan. The investment company was established in Osaka in 1925 as Nomura Securities. Now,
Once upon a time one big private company came up with an idea of reinventing money and changing the financial world. It failed. Prof. Dahlia Malkhi, who was working on Facebook's unified digital currency Diem (previously Libra), explained why in an interview with Calcalist.
Just about two weeks ago the Labour Policy Council discussed paying digital salaries to workers instead of traditional cash through bank accounts.
Despite the fact that Japanese law permits only cash payments for salaries, businesses are allowed to use accounts at financial institution as recipients of the salary. Now that
SWIFT, the Society for Worldwide Interbank Financial Telecommunication explores blockchain tech to improve the speed and quality of data in operating processes.
The European Union is getting closer to the issue of creating a completely new AML regulator that will directly supervise the financial institutions of member states. Crypto is included.
It's hard to say exactly when, but the European Union will have a new regulator to oversee anti-money laundering
This month El Salvador marked a year since its government adopted Bitcoin as a legal tender. While many try to evaluate some intermediate results of this step, El Salvador’s president might get ready for re-election despite the constitution’s limits.
According to El Salvador’s constitution, the president of
Cardano is one of the biggest cryptocurrencies by both market capitalization and following, having been introduced to the crypto community in 2018. Since its genesis, Cardano has undergone numerous upgrades through hard forks on its blockchain.
