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South Korea Embraces Won-backed Stablecoin 

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the staff of the Ridgewood blog

Seoul South Korea, South Korea is making a bold move into digital finance. Under the leadership of newly elected President Lee Jae-myung, the Korean government has announced plans to legalize and promote stablecoin backed by the Korean won (KRW), signaling a major shift in the nation’s monetary and blockchain strategy.

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How Free Markets Shape Fintech and Online Trading’s Future

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Many countries operate a free market economy to drive national economic growth. Although economists suggest that a totally free market does not exist in the world today, its principles influence most business sectors, including fintechs and online trading services.

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The Future of Fintech Marketing: Is It Time to Reboot Your Strategy?

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Since the outbreak, there has been an increase in the usage of digital technologies as well as an increase in client demands in the fintech pr banking business. Fintech marketing is becoming increasingly competitive, making it more difficult to stand out. Continue reading The Future of Fintech Marketing: Is It Time to Reboot Your Strategy?

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India is planning to introduce legislation banning cryptocurrency

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the staff of the Ridgewood blog

Ridgewood NJ, in a new study comparing searches to gage interest in Crypto currencies India ranked second with 804,000 annual online searches about cryptocurrency.

According to Reuters the government of India is planning to introduce legislation banning cryptocurrency, Reuters reports. The law would impose fines on anyone who trades, mines, or even holds cryptocurrency. The government has a comfortable majority in parliament, giving the proposal a good shot at becoming law.

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FDIC Appoints First Chief Innovation Officer to help ,”reimagine the nation’s banking system”

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the staff of the Ridgewood blog

Washington DC, the FDIC named Sultan Meghji as its first Chief Innovation Officer, charged with leading the agency’s drive to promote the adoption of innovative technologies across the financial services sector.

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