Karen Kersey has been appointed as Cartan Group's new Chief Executive Officer. With her proven expertise in strategic and operational leadership, Karen is set to lead Cartan into a new era of innovation and growth. Co-founders Brian Tang and Brandon Caruana will continue to provide guidance as board directors.
Read MoreFoundation Companies are a unique vehicle in the Cayman Islands, providing a corporate structure setup that is useful for a range of organisations, including those in Web3. In fact, as we’ve seen at Cartan, Foundation Companies play a vital role in fostering the growth of the entire Web3 ecosystem. Their stewardship helps to ensure that a Web3 community’s assets are used for the objective of growing the size and utility of its underlying blockchain network, and their management of day-to-day operations supports the fulfillment of this mission.
Read MoreA new era of digital assets may soon be arriving. Several large and renowned money managers, including BlackRock and Grayscale, have pending applications for offering a spot Bitcoin ETF, and signs are pointing toward eventual U.S. regulatory approval. This would effectively make the gold standard of digital assets a fully tradable and regulated investment product. The implications of this understated breakthrough could be profound.
Read MoreThe ECB launched a public consultation to obtain input from citizens and professionals on the potential economic and societal implications of issuing a digital euro. This input will be considered when deciding in mid-2021 if a digital euro project will be launched.
Read MoreMany countries in the Caribbean have central banks currently working on CBDCs, including the Bank of Jamaica, The Central Bank of the Bahamas and the Eastern Caribbean Currency Union. CBDCs act as an opportunity for central banks to provide a technologically advanced representation of central bank currency.
Read MoreDecentralised Finance is a blockchain-based financial infrastructure that has been built on top of the Ethereum Blockchain and uses smart contracts to offer protocols in a more transparent and open manner.
Read MoreThe first publicly traded bitcoin exchange fund has been launched in the world, giving investors a more direct way to invest in bitcoin. This fund is different from a derivative or futures contract, as every time someone puts money into the ETF, bitcoin is purchased.
Read MoreGemini Earn is a new program that allows customers to earn interest on the 30 different cryptocurrencies. This program will run as part of the Gemini platform and will enable customers to transfer or purchase crypto and send it to Gemini Earn. Interest is compounded daily for any period of time, and no minimum balance is required.
Read MoreA bill proposing new "innovation zones" in Nevada would allow tech companies to create their own governments and neighbourhood communities in the state. This comes after COVID-19 has amplified the California mass exodus to places like Nevada, Texas and Colorado.
Read MoreIn a bid to expand its cryptocurrency plan, Mastercard will now allow holders of payment cards to buy, hold and exchange certain cryptocurrencies. Consumers will be able to convert this cryptocurrency into fiat money which they can then spend.
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