Tag: financial inclusion

Crypto & Inequality: BIS Sounds Alarm on Wealth Gap Risks

Crypto & Inequality: BIS Sounds Alarm on Wealth Gap Risks

• Facts

They are doing so by finally raising the alarm that cryptocurrencies and decentralized finance (DeFi) are likely to exacerbate wealth inequality. Perhaps most importantly, the report notes that the structure of the crypto market and its speculative nature are likely to heavily benefit larger investors. This state of affairs would...

3 Ways Crypto's 'Democratization' Is Really Widening the Wealth Gap

3 Ways Crypto's 'Democratization' Is Really Widening the Wealth Gap

• Commentary

We've all heard the siren song: crypto is going to democratize finance, tear down the ivory towers of Wall Street, and put the power back in the hands of the people. Let’s take a step back and look behind the curtain to see what’s really going on. The reality is,...

Crypto's New Dawn: How Regulation Empowers Southeast Asian SMEs

Crypto's New Dawn: How Regulation Empowers Southeast Asian SMEs

• Commentary

Tell us which of these innovations you’re most excited about… Isn’t it maddening to watch how legacy financial systems continuously underestimate the power of Southeast Asian SMEs?… They are the backbone of the region’s economy. Instead, they’re usually bogged down by inconvenient things such as bureaucracy, exorbitant percentage transaction fees,...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....

Civitas Goes Immutable: Faster, Cheaper, and Gas-Free Trading!

Civitas is making a massive leap into the future of blockchain gaming, so join us! As an official partner of Immutable’s, our competitive game officially migrated from Ethereum to the Immutable zkEVM. This change will transform the Civitas experience for players all over the world. This new transition brings with...