Nigeria recently launched the continent’s first digital currency, the eNaira. While it holds considerable promise, it faces a tough competitive environment and key challenges to adoption and implementation.
All things Billionaires
Dow Jones Rallies As Apple Pops; Tesla Surges As Elon Musk Does This; Twitter Dips As Jack Dorsey Quits
The Dow Jones Industrial Average rallied as Apple (AAPL) popped. Tesla (TSLA) stock jumped after CEO Elon Musk issued an order to staff. Twitter (TWTR) stock reversed lower on the news Jack Dorsey is stepping down from his role as chief executive. Breakouts were hard
Recent commentary and discussions around the roles, opportunities, and challenges connected to stablecoins have made headlines both in the United States and other markets. As part of the response to these discussions, over 100 nations the world over have rapidly become very interested in developing
Operationalizing The First CBDC- After Its First Year, Island Pay CEO, Richard Douglas, Shares His Experience
Human knowledge proceeds in fits and starts. Although the velocity of change has accelerated over the years, certain intractable problems stand out for their resistance to thought and deed. Of this group, there are problems that are hard, which are not purely engineering problems, such
The birth of Ethereum introduced the concept of smart contracts to the cryptocurrency world for the first time and with it, decentralized applications (dApps), the applications that operate automatically without the top-down oversight by any one company or individual. But what dApps brought to the
Today, the Office of the Comptroller of the Currency (OCC), the nation’s regulator of large banks such as J.P. Morgan Chase and Wells Fargo, issued Interpretive Letter 1179, which erects supervisory barriers that will slow the entry of the fast-growing cryptocurrency industry into the U.S.
Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its revenue was up 19% to $44.5 billion for the year. But that’s here. What about in the Metaverse? Why Nike
Report suggests BlackRock has 'no current plans' to launch crypto ETF as deadline for VanEck's offering approaches
BlackRock Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds (ETFs) linked to crypto assets anytime soon. According to a Friday report from Financial News, BlackRock executive Salim Ramji said the firm with $9.5