Crypto Lender Nexo Stops Interest on New Deposits
Crypto Lender Nexo Stops Interest on New Deposits
February 20, 2022  |  Cryptocurrency

Nexo, a crypto lender, has stopped paying interest on new deposits, Bloomberg reported Friday (Feb. 18), and is now planning to offer a new product....

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‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex
‘No Cash, No Problem!’ Jamaica Christens Its CBDC Jam-Dex
February 20, 2022  |  CBDC

The Bank of Jamaica (BOJ) has rolled out the name for its central bank digital currency (CBDC), which will now be known as the Jamaica...

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Independent ATMs Struggle for Access to Banks
Independent ATMs Struggle for Access to Banks
February 20, 2022  |  Banking

There’s a growing schism between banks and small business owners running independent ATMs in America’s vast swathe of gas stations, bars and bodegas, The Wall...

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Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of Crypto Wealth is Hard to Measure
Today in Crypto: Illinois, Georgia Lawmakers Eye Tax Breaks for Bitcoin Miners; Economic Impact of...
February 20, 2022  |  Cryptocurrency

Georgia and Illinois have been looking at tax incentives for cryptocurrency mining, CoinDesk reported Friday (Feb.18). Get the Full Story Complete the form to unlock...

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Meituan Loses $26B in Value as Chinese Regulators Step In
Meituan Loses $26B in Value as Chinese Regulators Step In
February 20, 2022  |  Delivery

Meituan, the Chinese food delivery company, lost $26 billion in value as of Friday after regulators wanted to lower fees food platforms are charging restaurants,...

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EU ‘Obstacles’ Hobble Growth, European Industrialists Say
EU ‘Obstacles’ Hobble Growth, European Industrialists Say
February 20, 2022  |  International

The European single market is akin to an obstacle course, which has put several companies as also-rans as the U.S. takes the lead, Financial Times...

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Fed Governor: Digital, Decentralized Finance Holds Promise and Risk
Fed Governor: Digital, Decentralized Finance Holds Promise and Risk
February 20, 2022  |  Digital-First Banking

Lael Brainard, a member of the Federal Reserve’s board of governors, said the rapidly changing digital finance world, with its decentralized focus, will necessitate the...

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Meta Predicts Virtual-Physical Reality Is Just a Few Years Away
Meta Predicts Virtual-Physical Reality Is Just a Few Years Away
February 20, 2022  |  Metaverse

Meta Platforms, the parent company of Facebook, is betting that technology merging the virtual and physical worlds could be popular in the next few years,...

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China Warns About Frauds in the Metaverse
China Warns About Frauds in the Metaverse
February 20, 2022  |  Metaverse

The Chinese government has issued a notice against various frauds associated with the metaverse, Coinspeaker reported Friday (Feb. 18). Get the Full Story Complete the...

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