In response to the news that crypto business leaders are objecting to EU proposals to regulate cryptocurrencies, including requiring crypto firms to disclose transaction details; Amrit Dhami, Associate Analyst in the Thematic Research team at GlobalData, comments: “Anonymity is big within the world of cryptocurrency, from the anonymous crypto wallets to the creative pseudonyms of crypto and NFT creators. It’s a big selling point for consumers who don’t want their transactions […]
In recent years, emerging market economy (EME) central banks have increasingly engaged in projects related to central bank digital currencies (CBDCs). The stage of their engagement – research, pilot or launch – varies according to differences in country circumstances, including the availability of digital infrastructure, their focus among different policy objectives, and the attendant motivations and concerns, according to a BIS Paper – CBDCs in emerging market economies. This volume contains papers […]
Digital thieves had a big year in 2021, stealing $3.2 billion worth of cryptocurrency. But in 2022, they’re shaping up to steal even more. „In the first three months of this year, hackers have stolen $1.3 billion from exchanges, platforms, and private entities—and the victims are disproportionately in DeFi, according to Chainalysis. Almost 97% of all cryptocurrency stolen in the first three months of 2022 has been taken from DeFi protocols, […]
Mastercard has filed 15 NFT and metaverse trademark applications as part of a wide-ranging plan to extend its payment processing system, slogans and branding into the new virtual economy, Finextra reports According to the filings Mastercard sees five key applications for its services in the metaverse: . “Downloadable music files authenticated by non-fungible tokens (NFTs); . “Marketplaces for digital goods and NFT backed media” . “Processing of virtual credit card, virtual debit […]
Almost a third of UK investors are now positive on bitcoin compared with 25% in Q4 2021. Data from eToro’s latest Retail Investor Beat reveals that UK crypto investors are increasingly committed to cryptoassets as a long-term investment theme despite macro headwinds and uncertainty in global markets. According to the social investing network’s latest data, almost a third of UK investors (29%) now consider cryptoassets and digital payments a long-term […]
Alfred Taudes is the Academic Director of Research Institute for Cryptoeconomics within Vienna University of Economics and Business (which he founded in 2018) and founder and coordinator of Austrian Blockchain Center and he’s coming to the Spring edition of Banking 4.0 – the international conference dedicated to crypto, digital assets and DeFi to deliver a keynote speech. Only 5% of Europeans invest in crypto and amongst them only 10% are […]
Tradesilvania.com, the premium platform for investing in digital goods, is consolidating its position on the market through a new strategic partnership with TechVentures Bank, through which Romanians will be able to safely access digital assets. Thus, this partnership keeps customers’ funds in the national banking system and gives them faster access to their funds withdrawn from the platform. The Tradesilvania – TechVentures Bank partnership aims to facilitate Romanians’ access to […]
„It should be possible to integrate an e-krona into banks’ and payment service providers’ own existing systems,” says Riksbank after testing a technical solution for a potential e-krona. The results are summarised in a new report from the e-krona project, which was published today. In February 2021, the second phase of the e-krona pilot project began. The aim of the work was to continue investigating and testing the technical solution […]
Crypto.com to be pilot merchant for Worldpay’s USDC settlement offering. A leader in Card-to-Crypto processing, Worldpay provides services for 4 of the top 5 cryptocurrency exchanges. USDC is one of the fastest growing dollar digital currencies redeemable 1:1 for U.S. dollars. Financial technology leader FIS® announces that its Worldpay from FIS business will be the first global merchant acquirer to offer merchants the ability to receive settlement directly in USD Coin (USDC), a […]
It is estimated that more than 80% of central banks are considering launching a central bank digital currency (CBDC) or have already done so, according to the 2022 PwC CBDC Global Index, that analyzes and ranks the leading retail and wholesale CBDC projects. Retail CBDC projects (digital currencies designed for public use) have reached greater maturity levels than wholesale projects (digital currencies used by financial institutions that have accounts with […]