DeFi, DAOs and CBDCs: 8 crypto innovators on what’s next

In 2011, Brazilian software developer Lucas Schoch spent more than 1,100 bitcoin inside World of Warcraft, the popular online fantasy game. Cryptocurrency had yet to explode in value, but he quickly realized what a mistake he’d made. Data scientist Vijay Pravin had just founded an AI-powered blockchain analytics firm when he heard about the record $69 million sale of a digital artwork known as a non-fungible token a year ago. […]

Government sets out plan to make UK a global cryptoasset technology hub

The government has today announced moves that will see stablecoins recognised as a valid form of payment as part of wider plans to make Britain a global hub for cryptoasset technology and investment. . Stablecoins to be brought within regulation paving their way for use in the UK as a recognised form of payment. . Announcement part of a series of measures to make the UK a global hub for cryptoasset technology […]

New rules to stop illicit flows in the EU. The aim is to ensure crypto-assets can be traced in the same way as traditional money transfers.

Crypto-assets’ transfers would need to be traced and identified to prevent their use in money laundering, terrorist financing, and other crimes. There is an absence of rules for tracing transfers of crypto-assets like bitcoins and electronic money tokens. On Thursday, MEPs from the Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties (LIBE) adopted, with 93 votes to 14 and 14 abstentions, their position on draft legislation […]

The cryptocurrency trading platform Tradesilvania says it is launching the world’s first certification for crypto miners. It is estimated that 10,000 of them are in Romania alone!

The company in Cluj estimates that it will issue between 500 and 1000 crypto mining certificates this year. These will be issued for its own customers in Romania, where the number of crypto miners is estimated at 10,000 companies and individuals, as well as for its customers in the European Economic Area. Cryptocurrency mining is the process of creating new tokens by solving algorithmic problems. This includes computing systems equipped […]

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 Blockchain.com has chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management. Founded in 2011, Blockchain.com 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 […]