Innovation in the financial sector has always made it simpler and more accessible for everyone. Every successful one has broken down barriers and provided people with more opportunities. In 1924, mutual funds allowed individuals to pool resources and invest...
The global stablecoin market is dominated by two products, USDC and USDT, despite their many flaws and equally many attempts to capture their market share. Stablecoin issuer Paxos has introduced yet another offering, but this time with bigger promises...
For businesses aiming to offset risks from inflation, currency depreciation, and central bank policies, Bitcoin is now seen as a hedge—a store of value with the potential for stability amidst economic and geopolitical uncertainties. It all started in 2020...
In the last six months, many governments worldwide have introduced or revised their tax frameworks to include cryptocurrencies. Countries like Denmark, South Korea, the Netherlands, Italy, Japan, and New Zealand are leading this regulatory shift. The Netherlands now mandates...
The United States has earned itself the reputation of being "the land of opportunity", and that was very true in the early days of cryptocurrency. The country was home to startups and investments that fueled innovation and growth in...
A recent survey by the Alternative Investment Management Association (AIMA) and PwC reveals an increasing trend of hedge fund involvement in cryptocurrencies. Nearly half (47%) of hedge fund managers who traditionally trade in conventional markets, such as equities, commodities,...
In 2024, crypto reparations and creditor payouts captured widespread attention, especially after CNBC reported that customers of the defunct FTX would start receiving refunds in May. With debts totalling $11.2 billion, FTX had between $14.5 and $16.3 billion available...
Bhutan, a small Himalayan country, is ranked 108th in the 2024 Index of Economic Freedom, with a score of 55.4, placing it in the "mostly unfree" category. What that simply means is that the country's economy is in dire...
Central Bank Digital Currencies (CBDCs) have become a major point of interest worldwide. As digital versions of national currencies, they hold the promise to revolutionize payment systems, making transactions faster, cheaper, and more accessible. They could even play a...
In the final week of September 2024, decentralized exchanges (DEXes) on Solana saw a notable 45.74% increase in trading volume, surpassing $7.87 billion in total trades. This surge underscores Solana's growing prominence in the DeFi sector, especially in comparison...
