Finance

NeoNomad Finance Announcing its Development of an Ecosystem and Soon to Be Launched IDO

NeoNomad Finance Announcing its Development of an Ecosystem and Soon to Be Launched IDO

[PRESS RELEASE – Please Read Disclaimer] NeoNomad Finance is developing an ambitious ecosystem that will provide opportunities for everyone that gets involved. Development has progressed rapidly, and the team continues to release new features. NeoNomad will hold their NNI (NeoNomad Investment Token) IDO launch on the following launchpads on 6 April 2022: XT.com NomadPad (NeoNomad’s …

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Malaysia Will Not Adopt Bitcoin as Legal Tender, Says Deputy Finance Minister

Malaysia Will Not Adopt Bitcoin as Legal Tender, Says Deputy Finance Minister

The country’s Deputy Financial Minister has refuted the recent speculations that bitcoin and other digital assets could be legalized in Malaysia. Instead, Mohd Shahar Abdullah said the nation will focus on issuing a central bank digital currency. CryptoPotato reported earlier this week that Malaysia’s Deputy Minister of the country’s Communication Ministry proposed that the nation …

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Jerome Powell Highlights Risks of Digital Finance

Jerome Powell Highlights Risks of Digital Finance

Key Takeaways Federal Reserve chair Jerome Powell highlighted the risks of crypto and digital finance during a speech on Wednesday. He said that regulations were not designed for digital finance, and that regulations must be updated and created anew. Powell also discussed concerns around financial stability, investor protection, and illicit activity as related to cryptocurrency. …

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