Author: Terence Zimwara

The Japanese government says discussions about making bitcoin (BTC) a reserve asset are still in the early stages. Lawmaker Urges Japan to Emulate the US The Japanese government says discussions about making bitcoin (BTC) a reserve currency are still in their early stages, making it difficult to express a view on the topic…

Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin as a Strategic Reserve The leading asset manager Vaneck‘s projection of $180,000 for bitcoin (BTC) by the end of 2025 is “ambitious but

The Monetary Authority of Singapore (MAS) is advancing tokenization in financial services by launching Project Guardian, a collaborative initiative involving major financial institutions to develop and commercialize tokenized assets, including fixed income and funds. Deepening Liquidity of Tokenized Assets The Monetary Authority of Singapore (MAS) has revealed plans to advance tokenization in financial services…

The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse applications. Firms Must Weigh Challenges in Metaverse Adoption While the metaverse is said to provide

Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT budgets. The central bank has mandated different deadlines for various bank categories to offer digital ruble services…