Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s Cryptocurrency Strategy Focuses on International Settlements Russia is now in the process of defining the […] Source
Tag: finance
Ellipsis Labs Raises $20M from Haun Ventures to Launch ‘Verifiable Finance Blockchain’ Atlas
Initially launching as a layer-2 solution on Ethereum, Atlas is designed to plug into both Ethereum and Solana’s liquidity pools. Key features will include low-latency transaction processing, reliable oracle updates, and robust sequencing for non-custodial, on-chain price discovery, according to Haun Ventures. Source link
Qatar Tech Firm Launches Platform for Tokenized Islamic Finance Contracts
Blade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This innovation allows for broader access to Sharia-compliant financing, both for financial and non-financial institutions. Tokenized Sharia-Compliant Contracts Blade Labs, the Qatar-based tech company focused on blockchain and Web3, recently unveiled a platform for tokenized Islamic […] Source CryptoX Portal
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S. dollar’s dominance while requiring careful coordination to maintain […] Source CryptoX Portal
Web3 Markets in Infancy, Viewed as ‘Lottery’ by Investors, Says Finance Veteran
Web3 markets remain in their early stages, with many participants viewing them as a “lottery,” according to Artur Guliński, co-founder of Orbitt. This trend is particularly evident in blockchain ecosystems where meme tokens hold significant influence, Guliński, a market dynamics and behavior focused trader, observes. According to the co-founder, these features are what currently distinguish […] Source CryptoX Portal
Lido Finance Cements DeFi Lead, Expands To Optimism: Is LDO Undervalued?
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…
Trump Family's World Liberty Finance Token Sale Appears to Go Live, Selling 220M WLFI in Minutes
Blockchain data shows the token has bagged over 1,700 holders in the first 15 minutes after going live. Source
SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2
The three projects’ tokens will consolidate into Singularity Finance (SFI). Source
CryptoKeying and the future of digital finance
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Digital Finance reshapes choices in today’s world. Pioneer families backing CryptoKeying make a wise decision for their futures. In today’s world, as Digital Finance continues to innovate and reshape our way of life, everyone has the opportunity to make their own choices. This freedom extends to whether or not to participate in other cryptocurrency cloud mining projects such as CryptoKeying. We don’t ask anyone to embrace CryptoKeying like we…
Cardano and the XRP price action lock in bulls vs bears battle as RCO Finance prepares for 3,000% surge
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano and Ripple struggle for direction as RCO Finance heads for a potential 3,000% rally with a clear bullish path. Cardano (ADA) and Ripple (XRP) struggle for a clear price direction as bulls and bears pull in opposite directions. Meanwhile, RCO Finance (RCOF) has a clear bullish path to a 3,000% rally. What are the drivers of this potential rally? And how can crypto enthusiasts enjoy this surge? Let’s…