30th October 2024 Digital Bytes

Are cryptos a suitable hedge against inflation? - cryptocurrencies, particularly Bitcoin, are gaining attention as potential hedges against inflation due to their decentralised nature and limited supply. However, Bitcoin's volatility raises questions about its reliability compared to traditional inflation hedges such as gold. Whilst stablecoins offer a more stable alternative in hyperinflationary economies, the growing use of cryptocurrencies in emerging markets highlights both opportunities and risks in using digital assets to combat economic instability.

AML and KYC impact on regulated and non-regulated firms - blockchain technology could be the game-changer that AML and KYC efforts desperately need. But can it really solve the financial crime problem, or is it just another layer in an already complex regulatory landscape? Consider TD Bank’s $3billion fine for AML failures - how many more institutions are at risk for non-compliance? Also, could blockchain be the key to avoiding such …