How Blockchain Technology Is Being Used In Clearance & Associated Services

The financial sector has shown an increasing interest in blockchain technology. The technology sprang to prominence when it was used to trade cryptocurrencies like Bitcoin, which are produced and authenticated by a peer-to-peer network of users rather than a central authority.

Blockchain technology has already seen adoption by big players in traditional finance. 

Want to know who they are and what they are using the Blockchain for? Click HERE. 

Don’t Fall For The Hype in Cryptocurrencies

It’s impossible to avoid - even if you tried - the words cryptocurrency, NFT, and the metaverse. It's as if these futuristic concepts are knocking – no, banging – on our front doors. The world is abuzz with thoughts, curiosities, and judgments about the industry, both in theory and in practice; turning once-fringe ideas into cultural talking points, the punchline of a million jokes, and the booze-fueled party conversation that everyone hates to love.

Is there a decentralized financial utopia beyond the hype of meme coins, billionaires, speculation, and clickbait?

Find out more HERE.

Former NSA Director on cybersecurity risks from Russia

Former head of NSA and U.S. Cyber Command Admiral Michael Rogers weighs in the risk of a Russian cyber-attack.

Ukraine's battle of the airwaves

A look at three aspects of wartime radio in Ukraine; the interception of communications between Russian soldiers; how broadcasters are using radio to combat censorship online; and the mysterious silence of a radio transmitter known as 'The Russian Lady'.

More than 600 Brands have withdrawn from Russia. How are Russians coping?

Hundreds of foreign companies from Pepsi to Apple to IKEA have pulled back operations in Russia as the West has hit the country with sweeping sanctions. Here’s how Russians are living with the economic fallout from Moscow’s decision to invade Ukraine.

Taxes and Crypto: Five Things You Need to Know

For many, 2021 marked their first year—and now first tax season—in cryptocurrency. WSJ tax columnist Laura Saunders breaks down how to navigate reporting digital assets to the IRS.

Will the dominance of the dollar give way to a multipolar system of currencies?

In the wake of an invasion that drew international condemnation, Russian officials panicked that their dollar-denominated assets within America’s reach were at risk of abrupt confiscation, sending them scrambling for alternatives. The invasion in question did not take place in 2022, or even 2014, but in 1956, when Soviet tanks rolled into Hungary. 

This event is often regarded as one of the factors that helped kick-start the eurodollar market—a network of dollar-denominated deposits held outside America and usually beyond the direct reach of its banking regulators.

The irony is that the desire to keep dollars outside America only reinforced the greenback’s muscle.

In the wake of the Russian invasion of the Ukraine the new outbreak of financial conflict through sanctions has raised the question of whether the dollar’s dominance has been tarnished, and whether a multipolar currency system will rise instead, with the Chinese yuan playing a bigger role.

Read the full article on The Economist HERE.