Visa launches NFT programme as it considers the digital art a new form of e-commerce

The one-year immersion program, the Visa Creator Program, will bring together a global cohort of creators including artists, musicians, fashion designers and filmmakers the ability to build their businesses with NFTs. Visa has launched a programme to help digital-first artists grow their businesses through non-fungible tokens. The payments giant notes that there are some 50 million artists, musicians, designers, filmmakers and other creators publishing content as a full- or part-time source […]

ECB publishes report on payment preferences as part of digital euro investigation phase. Respondents want a one-stop-solution that would incorporate all the current payment options into one system.

The European Central Bank (ECB) published the findings of its commissioned research on citizens’ payment habits and their attitudes towards digital payments in order to gain a deeper understanding of user preferences as part of the digital euro project. Based on the responses of focus groups and online communities across all euro area countries, the report shows a strong preference for payment methods with pan-European reach and universal acceptance in physical shops and online. Users […]

O treime din totalul investitorilor romani a făcut cel puțin o tranzacție cu monede virtuale – studiu XTB

Investitorul tipic în monede virtuale este un bărbat de 34 de ani care efectuează în medie 5 tranzacții crypto pe suport CFD pe an. De obicei, folosește aplicația mobilă pentru tranzacționare, iar durata medie în care deține un astfel de instrument financiar este de 3 zile și 21 de ore, reiese dintr-un studiu realizat de XTB, casă de brokeraj pe bursele internaționale. În cadrul acestui studiu, XTB a analizat profilul […]

Ripple commits 1 billion XRP to Grants Program, to accelerate development and new use cases on the XRP Ledger. The company is coming to Banking 4.0.

Ripple, the leader in enterprise blockchain and crypto solutions, is committing 1B XRP to accelerate development and new use cases on the XRP Ledger (XRPL). The fund is an extension to the XRPL Grants program which launched in 2021 and, to date, has awarded $6 million in total funding to more than 50 open-source projects built on the XRP Ledger. Developers on the XRPL want to build and scale their apps on the […]

Goldman Sachs executes first OTC crypto trade in the form of a Bitcoin non-deliverable option – first of its kind transaction by a major U.S. bank

Galaxy Digital Holdings, the pre-eminent global provider of blockchain and cryptocurrency financial services for institutions, announced today that its trading unit has facilitated and executed the first OTC crypto transaction with Goldman Sachs Group Inc. in the form of a Bitcoin non-deliverable option (NDO). This marks the first OTC crypto transaction by a major bank in the U.S., as Goldman Sachs continues expanding its cryptocurrency offerings, demonstrating the continued maturation and adoption […]

A global platform with 37 million users and more than $1 trillion in crypto transactions selects Stripe to bring more users into the crypto economy

Stripe, a technology company building financial infrastructure for the internet, today announced that has chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management. Founded in 2011, was one of the early infrastructure pioneers of the Bitcoin community. As of January 2022, 37 million verified users from nearly every country had used the platform to create more than 80 million crypto wallets and complete more than $1 trillion […]

President Zelensky signs the bill legalizing crypto assets in Ukraine

According to the law, National Bank of Ukraine, the country’s central bank, and the National Securities and Stock Market Commission will be in charge of monitoring crypto participants and companies. Amid the ongoing military conflict with Russia, the bill, called the Law on Virtual Assets in Ukraine, which establishes the parameters for the legalization and regulation of Bitcoin and other cryptocurrencies, was finally signed by the Ukrainian president, Volodymyr Zelensky, […]

Cryptocurrencies in the EU: new rules to boost benefits and curb threats

. Uniform legal framework for crypto-assets in the EU . Consumer protection and safeguards against market manipulation and financial crime . Include crypto-assets mining in EU taxonomy for sustainable activities by 2025 to reduce carbon footprint MEPs agreed on draft rules on supervision, consumer protection and environmental sustainability of crypto-assets, including cryptocurrencies such as bitcoins. On Monday evening, the Economic and Monetary Affairs Committee adopted, with 31 votes to 4 […]

Digital assets might replace traditional currencies in the next five to ten years, as business leaders believe the end of physical money is near – study

Digital assets might replace traditional currencies in the next five to ten years, according to 76% of the business leaders around the globe active in various industries who participated to the latest edition of the . This view is also shared by three quarters of the senior executives from the financial services industry, who believe that the end of physical money is near. Also, the study points out that the […]

Romanian Central Bank approves Elrond acquisition of e-money institution Twispay

The Romanian Central Bank, in a landmark decision with implications for the evolution of digital finance in Europe, has approved the acquisition of Twispay by Elrond. Twispay is a financial institution licensed to provide payment services and to issue electronic money in accordance with the legislation in force and with the authorization received from the National Bank of Romania. Moreover, Twispay is a principal member of Visa (for issuing Visa […]