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European Banks Unite for Wero Instant Payment System, Eyeing Payment Sovereignty
Sixteen major European banks have developed a groundbreaking payment system called Wero, aiming to rival Visa and Mastercard across the EU. Supported by financial giants like BNP Paribas and Deutsche Bank, this ambitious project seeks to reshape Europe’s payment landscape by enabling seamless cross-border transactions using personal bank accounts. For instance, a Swedish tourist could […]
Panama Gears Up for Widespread Cryptocurrency Adoption
Forex Suggest ranks Panama ninth among countries ready for crypto use in 2023. The study focuses on key factors like public interest, legal status, and industry numbers. It also looks at Bitcoin ATMs, tax burdens, and favorable laws. Scoring 5.83 out of 10, Panama shines in the top 20 list. A high number of Bitcoin […]
Asia’s trillion-dollar treasure hunt: family offices and the tug-of-war for talent
The surge of family offices in Asia, fueled by the region’s increasing wealth, has sparked a global competition among governments to attract these expanding entities. A family office is a private wealth management advisory firm established by ultra-high-net-worth individuals or families to manage their personal and financial affairs. Family offices operate with a high level […]