Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that everyone is aware that there is “one regulatory system for everything.” […]
PRESS RELEASE. UniLend Finance, a leading decentralized finance (DeFi) protocol is thrilled to announce the launch of its new wrapped governance token, UFTG (UniLend Finance Governance Token) as the revolutionary protocol approaches closer to Governance launch on 4th September. This groundbreaking token signifies UniLend’s commitment to community-driven decision-making and plays a pivotal role in making […]
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for example, but not a single currency like the euro, the Russian official […]
Founder of failed crypto exchange FTX, Sam Bankman-Fried, will be held accountable for alleged campaign finance violations, U.S. prosecutors indicated on Tuesday. The charge was dropped earlier because the extradition treaty with the Bahamas prevents adding further charges without prior permission from the other side. Sam Bankman-Fried to Be Charged With Campaign Finance Violations Next […]
The American rating agency Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ may embolden proponents of a BRICS currency, Riley Adams, a personal finance expert, has said. Adams however argues that there are certain “geopolitical issues” that must be overcome first before the BRICS currency becomes a reality. Debt …