Analysis
Borrowing to buy crypto has often been advocated for by various influencers, but the consequences may be dire.
2719
Financial Services News
Financial services are services provided by money-managing businesses like banks, insurance companies, stock brokerages and others. Financial services evolve and grow alongside the economy of the country they are in. Modern developed economies have various financial services like foreign exchanges, investment services, insurance, venture capital, etc. The efficiency of financial services largely depends on developing technology. New technologies like telecommunication, the internet and, now, blockchain, have made financial services much faster and more secure. Blockchain financial services are currently the most efficient and cheap way for transferring assets and for performing deals through smart contracts. Future financial services may include implementing even more blockchain into their structure — for example, into their organization structure and information security system.
- Opinion
Turning away from voluntary, fragmented utilization of innovations and decentralized technologies will result in changing approaches to their regulation.
2001 - News
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027.
1562 - Expert Take
The DeFi industry needs a sound market structure and systemic independence from current transactional systems.
4852 - News
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.
3687 - News
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others.
5085 - Analysis
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar.
6355 - Opinion
Decentralized technologies are playing a vital role in onboarding new investors to the crypto and Web3 ecosystem.
3546 - Expert Take
How blockchain technology might help developing economies increase financial inclusion — a closer look at financial services in Ghana.
4606 - Analysis
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical.
2230 - News
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings.
2304 - Analysis
Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.
5442 - Analysis
Cryptocurrency-based loans have grown to be one of the most utilized decentralized finance (DeFi) tools to emerge from the cryptoverse.
8761 - News
The bank facilitated $142 billion worth of transfers between crypto exchanges and financial institutions in Q1.
2475 - News
Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US.
4642