With more services becoming digital, a digital currency seems to be the perfect solution to streamline the digital revolution further.
Financial exclusion is a global problem affecting millions of people, through strategic design and implementation, could CBDCs be the solution?
Financial exclusion is a global problem, through strategic design and implementation, could CBDCs be the solution?
The CCAF released a report showing the impact of COVID-19 on fintech. The verdict? Growth and potential for increased financial inclusion.
The UK's Cambridge Center for Alternative Finance (CCAF) is actively involved in industry research and is currently doing three alternative finance surveys; much of the research is in conjunction with the Financial Conduct Authority (FCA), providing insight for its crowdfunding consultation period; CCAF is surveying crowdfunding investors and crowdfunding borrowers; CCAF has also announced it will now be doing a survey on blockchain and cryptocurrencies; as part of the FCA's regulatory study, CCAF is working with 25 crowdfunding and P2P lending platforms in the UK to gain greater insight into the crowdfunding ecosystem. Source
Last year, MoonPay closed one of the biggest funding rounds in the history of the crypto ecosystem.
Celsius, one of the largest crypto lenders, shut its doors to the public over the weekend, citing the dangers of market volatility.
Three weeks since the crypto lender said it was halting withdrawals, users want answers.
Crypto lending firm Celsius on Monday paused all account withdrawals, sparking fears that it may be about to go bust.
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees.