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Bash Sarmiento

Bash Sarmiento is a writer and an educator from Manila. He writes laconic pieces in the education, lifestyle and health realms. His academic background and extensive experience in teaching, textbook evaluation, business management and traveling are translated in his works.

Brazil Central Bank Narrows DREX Project, Moves Away From Blockchain

Banco Central do Brasil is narrowing the focus of its DREX digital currency project.The project will shift from exploring blockchain towards enabling asset-based lending...

BBVA Provides Off-Exchange Custody for Binance Crypto Assets

BBVA has started to offer off-exchange custody for the Binance cryptocurrency platform. This service allows traders to store assets with an independent bank, reducing risk...

NYDFS Fines Paxos $26.5M Over Binance Ties, Orders Compliance Fix

Paxos Trust reached a settlement with the New York Department of Financial Services (NYDFS), agreeing to pay a $26.5 million penalty and invest $22...

Marex Adopts JP Morgan’s Kinexys for Instant Cross-Border Payments

Brevan Howard Digital adopted Kinexys Digital Payments by JP Morgan for instant, cross-border settlements.Marex will now use Kinexys to process Brevan Howard Digital payments,...

Matera, Circle Partner to Help Banks Offer Stablecoins Easily

Matera, a banking software provider, addresses key barriers for banks in offering stablecoins. Banks face challenges with stablecoin custody and system compatibility, discouraging adoption. Matera partners...

White House Plans Order Against Banks Over Conservative De-Banking

The White House is preparing an executive order to penalize banks for alleged discrimination against conservatives and cryptocurrency businesses. The proposed action includes investigations into...

CACEIS Invests in Kriptown as Lise Seeks EU DLT License

CACEIS, a part of Crédit Agricole, has made a minority investment in French tokenization company Kriptown. Kriptown's subsidiary, Lise, is applying for a license under...

White House Report Sparks Debate on Wholesale CBDC Policy Limits

The White House released a 166-page report on digital assets, emphasizing private sector innovation over government-issued digital currency.Former President Trump's January executive order banned...

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