Caroline Hill, the director of global policy and regulatory strategy for stablecoin issuer Circle, has placed some of the blame from the recent collapse of banks tied to crypto on traditional financia...
Tag: TradFi
TradFi failing is NOT a crypto problem. Blockchain fixes this.
Ad Legacy media quickly reverted to tired and misguided accusations that all of crypto is a scam following the collapse of FTX, Voyager, Celsius, and BlockFi last year. Yet, none of the issues these f...
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Ad What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley ba...
BitMEX’s Co-Founder Says Bitcoin May Never Replace TradFi
BitMEX co-founder Arthur Hayes believes that Bitcoin may never replace traditional banking services. Hayes recently stressed on the importance of stablecoins for further decentralization. He believes ...
Bitcoin Twitter Taunts Paul Krugman Over TradFi Troubles
Famed economist Paul Krugman was never a crypto fan, but personal issues with a traditional financial company left him with some frustration to vent on Wednesday. “I’ve been using Venmo for yea...
It’s now or never for Asia’s TradFi to engage with web3
Ad The following is a guest post from BTSE CEO Henry Liu. When it comes to grassroots retail crypto adoption, Asia is a standout global leader. In fact, Vietnam topped Chainalysis’ 2022 Geography of C...
Deutsche Bank Announces Investments in Two Crypto Firms as More TradFi Institutions Join the Race ⋆ ZyCrypto
Advertisement     The bank is planning to acquire a minority stake in Deutsche Digital Assets and Tradias. Deutsche believes that there are opportunities in the curren...
Ledgible catalyzing TradFi adoption with its crypto taxation and accounting tools
The introduction of blockchain technology has brought various opportunities and innovations in the decentralized space. Along with these positive outcomes, the adoption of crypto tax has taken the blo...
Post FTX Collapse, How TradFi Investors Are Rethinking Crypto
This group’s confidence was not shaken by the crypto-related events of the 2022 “pullback” of bitcoin (BTC), ether (ETH), and other coins, the crypto credit crisis or the ensuing con...
TradFi and DeFi come together at Davos 2023: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Traditional finance, ...
NYSE Glitch Shows TradFi Also Flawed
A New York Stock Exchange glitch yesterday demonstrated that traditional market systems can still be prone to failure or manipulation. According to the NYSE, a “system issue” effectively negated the o...
DeFi Thirsty SEC Blocks TradFi Crypto IPOs – Trustnodes
The Securities and Exchanges Commission (SEC) wants our defi smart contracts, flashloans, and kids in Thailand forking dapps through token migration, to sign up with the agency. But SEC has failed to ...
TradFi and DeFi come together — Davos 2023
Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023. ...
DeFi should complement TradFi, not attack it: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demis...
DeFi should complement TradFi, not attack it: Ava Labs CEO
Decentralized finance (DeFi) is on its way from becoming a small niche within the financial industry to something traditional finance (TradFi) is trying to incorporate. In an interview with Cointeleg...
DeFi and TradFi should integrate and spur more innovation
Decentralised finance, or DeFi, is quickly gaining traction as a new way to access financial services. However, some experts argue that the DeFi movement should not be viewed as a direct attack on tra...
10 practices crypto can borrow from TradFi to better protect customers
Crypto pioneers and decentralized finance companies often talk about their commitment to opening up financial opportunities to underserved populations, but that’s only half the battle in achieving suc...
BIS suggests containing crypto by shattering ties with TradFi to address the market risks
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Ripple exec expects more crypto acquisitions by TradFi in 2023
The cryptocurrency industry will see increased consolidation in 2023 as healthier companies acquire more crypto and blockchain companies, according to a senior executive at Ripple. Sendi Young, Ripple...
TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse
According to the World Federation of Exchanges, whose members include Nasdaq, the Intercontinental Exchange and the London Stock Exchange Group, the FSB should even “strengthen its stance in requiring...
Two-thirds of TradFi expects a 2023 recession
The United States economy could be in for an upset. Data from a Wall Street Journal survey revealed financial experts expect the country to face an economic downturn this year. Over two-thirds of econ...
Unbanked is connecting DeFi and TradFi in a regulatory-compliant way
Unbanked is bridging the gap between Web3 and the traditional financial ecosystem and fostering global cryptocurrency adoption by connecting decentralized finance (DeFi) and cryptoassets to banks, deb...
Crypto Industry Is Going Through Growing Pains – Maturing Into A Robust Ecosystem
big data, global business, cryptocurrency 3D render getty The global crypto market, at $895 billion, has lost over $2 trillion in value since the market peaked in November 2022. It includes centralize...
Hong Kong to subject crypto exchanges to the same laws governing TradFi
The legislative council of Hong Kong has amended its anti-money laundering (AML) and counter-terrorist financing (CFT) financing system to include virtual/crypto asset service providers. The legislati...
BowTied Bull Converts Tradfi Toms to Crypto Bros – Most Influential 2022
During the bear market, BTB has charged to the forefront of crypto culture, locking horns with traditional corporate types and drumming up interest in decentralized finance. BowTied Bull now has more ...
Ready to trade? Fidelity finally opens retail crypto accounts
Fidelity has opened up retail crypto trading accounts after first announcing a waiting list earlier this month. “The wait is over,” the investment powerhouse said in an email Monday ...
JP Morgan believes regulation will lead to convergence of crypto, TradFi
Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between cry...
Crypto Conversion to TradFi Becomes Objective for Regulators
The shockwave from the collapse of the world’s second-largest centralized crypto exchange is still reverberating. Moreover, it has given regulators all the ammunition they need to come down hard on th...
Galaxy Brings Bitcoin ETF to Brazil With TradFi Giant
Galaxy Digital has launched a bitcoin ETF in Brazil via a partnership with Latin America’s largest private asset manager in the latest example of crypto and TradFi colliding. The crypto unit has team...
DeFi Lender MakerDAO Goes TradFi and Doubles Revenue
Investing in traditional finance assets has helped increase lagging revenue for the biggest player in DeFi. MakerDAO now generates half of its revenue from real-world assets, like short-term bond ETFs...
BNY Mellon, Nasdaq Say Institutions Want TradFi To Handle Their Crypto
BNY Mellon reported that 70% of institutional investors surveyed would be interested in crypto if they had services from firms they trust TradFi is also hesitant to enter crypto without more regulator...