Tag "Blockchain"

What are Stablecoins and What Risks and Opportunities Do They Bring?

Stablecoins, or digital tokens with values tied to fiat currencies or other assets, have surged in popularity over the past year on the back of booming cryptocurrency transaction activity, the emergence of decentralized finance (DeFi), and a large rise in

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Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds

Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600 positions, reflecting on the industry’s massive growth and traction, according to data from Cámara Argentina de

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A Look at Switzerland’s Blockchain DLT Fintech Industry

A recent analysis by ccecosystems.news has identified 167 blockchain and distributed ledger technology (DLT) startups focusing on financial services in Switzerland. Out of the 167 companies, only 117 had a valid Internet presence, implying that about 30% of these ventures

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From Security Tokens to Native Digital Securities

Though blockchain-based security tokens hold many potentials, they also have their own limitations and must evolve to address several key challenges, according to a new paper by academics at the Rotterdam School of Management. In a paper titled Security Token

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Interest in Central Bank Digital Currency Surging

Around the world, interest around central bank digital currency (CBDC) is surging, with an increasing number of central banks looking to issuing their own digital currencies to wholesale networks of banks, corporates, fintechs, but also the general public, according to

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Fintech Revenues to Reach US$500B by 2030: UBS Research

Fintech revenues are projected to grow from US$150 billion in 2018 to US$500 billion in 2030 at an average annual growth rate that’s around three times faster than the broader financial sector’s revenue growth, according to estimates by UBS. With

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Gentwo Digital, a Securitization Specialist for Bankable and Unbankable Assets

Startups have been amongst the hardest hit companies as the COVID-19 pandemic shuts down economies. In Switzerland, four of five blockchain companies located in the so-called Crypto Valley are looking at bankruptcy within the next six months, and 88% believe

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Crypto Market Down Amid COVID-19 Crisis: Crypto Valley Startups Impacted

The COVID-19 pandemic has put a toll on the crypto market, which close Q1 2020 at a 5.03% loss, according to CoinGecko’s newly released Q1 2020 quarterly cryptocurrency report. 2020 started strongly with the market rallying to nearly US$300 billion

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Stock Exchanges Lead in Blockchain Adoption: JP Morgan Report

Blockchain has not yet reached mainstream adoption in the financial services industry but the technology has nevertheless moved beyond experimentation and is rapidly being adopted by stock exchanges around the world, according to a report by JP Morgan. In a

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Why Are 80% of Central Banks Looking into Digital Currencies?

In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot

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