during his introduction speech At the Singapore FinTech Festival, International Monetary Fund (IMF) Managing Director Kristalina Georgieva called on the public sector to “prepare to implement” central bank-issued digital currencies (CBDCs) and related payment platforms.Georgieva expressed optimism about the worldwide implementation of CBDCs, but noted that “We have not yet [...]
The Monetary Authority of Singapore (MAS) has introduced five more pilot projects to Project Guardian, which aims to test various use cases of asset tokenization. Project Guardian is a collaborative initiative led by the Reserve Bank of Singapore that aims to develop new financial infrastructure using decentralized finance elements (DeFi). [...]
Click Here to See the Top Crypto Presales That Could Grow Tenfold This Year! entertainment giant Disney As a traditional company in the blockchain world of cryptocurrencies, it has taken another significant step towards digital transformation. Despite its previous decision to liquidate its Metaverse division as part of a comprehensive [...]
Swan Bitcoin services platform has informed its customers that its partner banks will be forced to close accounts that interact with crypto mixing systems as part of their regulatory obligations. Communications with customers suggest the changes are related to proposed regulation by the U.S. Financial Crimes Enforcement Network (FinCEN) that [...]
Global investment bank Goldman Sachs and French general bank BNP Paribas have reportedly led a new financing round for Fnality, a blockchain-based wholesale payment company backed by Nomura Group.As reported by Reuters On November 13, Fnality raised 77.7 million British pounds ($95.09 million) in a second round of funding. In [...]
Click Here to See the Top Crypto Presales That Could Grow Tenfold This Year! Included in 2021 and 2022 Non-Fungible Tokens (NFTs) It is one of the most popular assets on the crypto scene, and some have changed hands for incredible amounts of money. However, by the end of 2022, [...]
The European Parliament voted in favor of the Data Act, a controversial piece of legislation that includes a clause providing for the possibility of terminating smart contracts. Inside Press release On 9 November Parliament declared: Legislation It was accepted with 481 votes in favor and 31 against. To become law, [...]
An anonymous hacker group claims to have stolen the personal information of approximately 300,000 customers of Coin Cloud, a Bitcoin ATM company (Bitcoin); The fake cybersecurity account was posted on Vx-underground X (formerly Twitter). Sharing a tweet about X — vx-underground (@vxunderground) 12 November 2023 One or more unknown actors [...]
A team of academic researchers from the International Hellenic University in Greece and the Democritus University of Thrace recently published An article supporting the “efficient market hypothesis” (EMH) for Bitcoin trading (Bitcoin).EMH is a controversial theory that researchers say has helped develop models that can outperform the Hodl strategy by [...]
Multinational banking company JPMorgan has launched a programmable payment feature for corporate users of its private blockchain platform JPM Coin. Naveen Mallela, head of the Onyx blockchain platform operated by JPMorgan bank, said: shared Details of the new functionality on LinkedIn via an initial report published by Bloomberg. According to [...]