Regulators

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:35 AM - Modified On: May 3, 2023 - Published By:
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One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Beyond the Dollar

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Time Stamp: April 27, 2023 6:34 AM - Modified On: April 27, 2023 - Published By:
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The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

International Government Leaders Talk Crypto & Digital Assets in Washington

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Time Stamp: April 26, 2023 5:41 AM - Modified On: April 26, 2023 - Published By:
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Washington, DC – The Government Blockchain Association (GBA) is set to host an event that will bring together government leaders to discuss the radical changes in money, cryptocurrency, banks, and central bank digital currencies (CBDCs). The conference, titled "The Future of Money, Governance, and the Law," will include law makers, regulators, innovators, and business leaders who are shaping the financial system. "The Future of Money, Governance, and the Law will bring together government leaders during this decisive time to examine changes in money and the laws governing it. We are

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

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Time Stamp: April 25, 2023 5:32 AM - Modified On: April 25, 2023 - Published By:
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HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Government Blockchain Association (GBA) Rates AXES.ai’s Casino Technology as a Trusted Blockchain Solution

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Time Stamp: April 21, 2023 5:55 AM - Modified On: April 21, 2023 - Published By:
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Las Vegas – AXES.ai’s land-based casino management platform became the first blockchain solution in history to be independently evaluated and rated by the Government Blockchain Association (GBA) in accordance with the Blockchain Maturity Model (BMM). “Why would a casino management system need blockchain? Because according to the US Financial Action Task Force (FATF), casinos are high-risk areas for money laundering and terrorist financing,” said Gerard Dache, GBA Executive Director. “Regulators world-wide need to have confidence that financial and compliance reports have not been falsified or altered. By writing data to

Paribus. Seeking a Safe Haven.

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Time Stamp: April 5, 2023 5:56 AM - Modified On: April 5, 2023 - Published By:
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In recent weeks, there have been systemic failures in the global financial system, particularly in the banking sector, causing people to question the legitimacy of information provided by regulators. Despite repeated assurances of robustness and security, people continued to withdraw their money from banks and invest in assets they could hold. Many of our community are familiar with the idea of “not your keys, not your crypto” after the failure of several protocols and investment funds. Just as these failures caused people to withdraw their crypto from exchanges and opt

Paribus. A Glimmer of Hope.

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Time Stamp: March 14, 2023 8:05 AM - Modified On: March 14, 2023 - Published By:
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Following on from last week’s drama, this week sees more uncertainty in the banking, tech, and crypto sectors. While the US has been pushing a hardline policy of monetary tightening it now looks like the global financial system and tech sectors are on the brink of breaking which has caught Jerome Powell off guard. A hawkish Fed has been pushing interest rates higher, recently claiming they still had headroom to push harder and for longer than before due to the buoyant labor market. Fast forward a few days and two

Paribus: No More Crypto

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Time Stamp: February 10, 2023 4:58 PM - Modified On: February 10, 2023 - Published By:
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Super Bowl Sunday This weekend will see the 57th annual Super-Bowl in the US exactly a year since the infamous Crypto-Bowl. Last year many said it was a blow-off top indicator and time has shown how right they were. For those that have hung on through the highs and lows of the past 12 months, the Crypto-Bowl seems like a distant memory. Despite all of the turmoils, upsets, and disasters crypto is still here and has weathered the storm well. Although most people’s portfolios are a fraction of what they

Paribus: Climbing Every Mountain.

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Time Stamp: January 21, 2023 3:47 AM - Modified On: January 21, 2023 - Published By:
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Less than a year ago in a small town in Switzerland, there was hope and optimism that crypto was finally breaking into the global financial system and a bright future awaited. That small town is Davos, home to the annual meeting of the World Economic Forum (WEF). This year the mood is far less optimistic as the ongoing FTX saga continues to cast its long shadows across the conference. Crypto is still represented along the Promenade, the road outside the main convention center, however this time it’s more heavily focused