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Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

Crypto Wallet and Data Giant Reported to Raise $50M Funding Round

According to a report by Yahoo Finance, Blockchain is raising a VC fund to invest in both equity and crypto coins.

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain

Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.

German Legacy Bank Hauck & Aufhäuser to Debut Crypto Investment Fund in 2021

German Legacy Bank Hauck & Aufhäuser to Debut Crypto Investment Fund in 2021

Germany’s legacy bank with over 222 years of financial services tradition Hauck & Aufhauser will be launching a cryptocurrency fund in January 2021.

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