Tag: finance
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BIS urges caution as finance industry embraces asset tokenization
The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns...
Fed official touts DeFi as ally, not rival, to traditional finance
Federal Reserve Governor Christopher Waller believes that DeFi is more likely to work alongside traditional finance rather than replace it entirely.Speaking at...
China’s Ministry of Finance tackles debt problems before economic challenges
The 597-meter high Goldin Finance 117 Tower in Tianjin, China, started construction in September 2008, but still stands unfinished in this picture, taken...
Chinese finance minister hints at increasing the deficit at highly antificated briefing
Lan Fo'an, China's finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng,...
Hong Kong’s Project Ensemble Sandbox explores future of tokenized finance
The Hong Kong Monetary Authority (HKMA) has introduced the Project Ensemble Sandbox, an initiative designed to test tokenization use cases across various asset...
