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Observers's Observations 367 Articles
Worldwide   -   Oct 14, 2022 Thailand Hosts Fintech Startups
Techsauce Global Summit 2022. Source: technode.global

Recently Thailand hosted numerous large tech summits that introduced lots of novelties and ideas to the world. We will try to cover the most significant points from these events. One of main events was the Techsause Global Summit 2022. The annual summit was organized by Charle Charoenphan in Thailand, co-founder

Observers
Investments   -   Oct 13, 2022 Dumb Money - A Movie About GameStop Reddit Saga Coming

Based on Ben Mezrich’s book, The Antisocial Network, the movie will be about the investing flash mob on Reddit that increased the price of a random company and made WallStreet speculators lose $26 billion.

Observers
Exchanges   -   Oct 12, 2022 BlackRock Continues Its Journey to Crypto Industry
BlackRock. Source: coindesk.com

BlackRock, the world's largest asset manager based in the US, launched an exchange traded fund iShares Blockchain Technology UCITS for EU customers. BlackRock was founded in 1988 and has grown to $82 billion market capitalization. The company was widely criticized for its close relations with the Fed during

Observers
Worldwide   -   Oct 07, 2022 Credit Suisse At Gunpoint. Will There Be a Shot?
Credit Suisse

This was a challenging week for Credit Suisse’s top managers and its public relations department: they had to deal with media attacks on their financial standing that predicted a coming collapse for the bank. Now, the media seems to be divided on this issue. It is hard to say

Observers
DeFi   -   Oct 04, 2022 Japanese Bank Dives Into Crypto
Nomura Bank

One of the biggest investment banks in Japan, Nomura, announced the launch of a new crypto venture capital unit which will focus on DeFi, Web3 and blockchain projects. Nomura is one of the oldest banks in Japan. The investment company was established in Osaka in 1925 as Nomura Securities. Now,

Observers
Interesting Money   -   Sep 29, 2022 How Facebook Failed to Change the World
Prof. Dahlia Malkhi, former Chief Technology Officer at the Diem Association

Once upon a time one big private company came up with an idea of reinventing money and changing the financial world. It failed. Prof. Dahlia Malkhi, who was working on Facebook's unified digital currency Diem (previously Libra), explained why in an interview with Calcalist.

Observers
Adoption   -   Sep 28, 2022 Japanese Companies Will Be Able To Pay Salaries Via Apps
PayPay use case. Source: asia.nikkei.com

Just about two weeks ago the Labour Policy Council discussed paying digital salaries to workers instead of traditional cash through bank accounts. Despite the fact that Japanese law permits only cash payments for salaries, businesses are allowed to use accounts at financial institution as recipients of the salary. Now that

Observers
SWIFT   -   Sep 24, 2022 SWIFT Goes Into Blockchain
SWIFT Goes Into Blockchain

SWIFT, the Society for Worldwide Interbank Financial Telecommunication explores blockchain tech to improve the speed and quality of data in operating processes.

Observers
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