Digital Securities About to Go Mainstream with Germany’s New Draft Law

Digitization has led to significant changes in many areas, not the least in money and financial markets. The financial markets and its participants are at a point where they cannot ignore technological developments bound to disrupt the industry. Recently, there has been a rush towards developing and implementing blockchain-based protocols to power financial products. The […]

Read More

Celo Lab Announces Acquisition Of Summa To Boost The Celo Ecosystem

Leading cross-chain architecture firm Summa with the help of its technical expertise in cross-chain architecture will enable easier system communication between Celo and various blockchains. On the 13th of August 2020, token-funded startup cLab was thrilled to announce the acquisition of the leading blockchain interoperability firm Summa. This is to enable cross-chain bridges between Celo […]

Read More

Boston Federal Reserve Partners With MIT To Experiment On The Launch Of A Digital Dollar

The U.S. is taking accelerated steps in its launch of digital currency as the Federal Reserve investigates distributed technologies and how to digitize the dollar. According to a statement by Federal Reserve Board Governor, Lael Brainard, during the San Francisco’s Innovation Office Hours, the Bank is partnering with several institutions to research the possible effects […]

Read More

Venezuela Signs In New Taxation Agreement That Will ‘Accept’ Petro Crypto Payments

Venezuela to start using petro cryptocurrency in its tax system The country’s crypto will be used to calculate taxes within the country. Could this be a navigation point against sanctions for the President Maduro-led government? The Bolivian Council of Mayors signed the “National Tax Harmonization Agreement” on Aug. 12, paving the way to a new […]

Read More