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Author: Terence Zimwara

Crypto Conundrum: Aussie Treasurer Chalmers Pushes for Balance Between Regulation and Innovation

Australian Treasurer Jim Chalmers believes cryptocurrency can modernize the country’s financial system. RBA Governor Skeptical of Bitcoin Australian Treasurer Jim Chalmers says cryptocurrency can help modernize the country’s financial system and should not be hindered by excessive regulation. While acknowledging legitimate concerns about crypto’s use by criminals…

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Vaneck’s $180K BTC by 2025 Projection: Experts Discuss Market Dynamics and Reserve Potential

Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin as a Strategic Reserve The leading asset manager Vaneck‘s projection of $180,000 for bitcoin (BTC) by the end of 2025 is “ambitious but

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Singapore Regulator Unveils Plan to Develop, Commercialize Tokenized Assets

The Monetary Authority of Singapore (MAS) is advancing tokenization in financial services by launching Project Guardian, a collaborative initiative involving major financial institutions to develop and commercialize tokenized assets, including fixed income and funds. Deepening Liquidity of Tokenized Assets The Monetary Authority of Singapore (MAS) has revealed plans to advance tokenization in financial services…

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FINRA Warns Member Firms of Metaverse Adoption Challenges

The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse applications. Firms Must Weigh Challenges in Metaverse Adoption While the metaverse is said to provide

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