Developments within concepts like central bank digital currencies (CBDCs) and approvals of Bitcoin Spot ETFs earlier this year have sped up the process of removing the disconnects that have long been existing within the traditional financial systems and the world of cryptocurrencies. Enfineo in particular aims to bridge that gap
The financial watchdog in the United Kingdom warned 450 businesses in the last quarter of 2023 for unlawfully marketing cryptocurrency and urged those with the authority to do business with them to fulfill their obligations. Oct. 8 marked the beginning of the promotional guidelines set forth by the Financial Conduct
According to a new advertising campaign from cryptocurrency exchange Coinbase, the conversion of the US dollar to a “well-designed blockchain” has the potential to repurpose billions of “clunky” pennies in circulation. The initiative was launched on February 12 in celebration of National Lost Penny Day, an annual event that has
In recent times, the regulatory landscape for cryptocurrencies in India has been undergoing significant changes, reflecting a delicate balance between encouraging innovation and safeguarding consumer interests. Amid this, KoinBX, a crypto exchange based in India, has been talked about among Indian users as it navigates this evolving regulatory terrain. Notably,
Former U.S. President Donald Trump is intertwining the worlds of cryptocurrency and digital collectibles to enhance the allure of his contentious Mugshot Edition nonfungible tokens (NFTs). The strategic play involves offering a limited edition “One-of-One” trading card as a Bitcoin Ordinal, exclusively available to users who acquire 100 or more
Partnership pairs implementation of Brazil’s state-owned digital currency, DREX, with Core banking solutions SÃO PAULO–(BUSINESS WIRE)–#BrazilCBDC—Hamsa, a global leader in rich data tokenization ($3.2 billion in tokenized real-world assets), and Matera, a technology company focused on financial products and solutions, announced a strategic partnership to deliver a modern platform solution
In light of worries over de-dollarization, renowned financial institution Morgan Stanley expects stablecoins to support the US dollar (USD). In light of the proliferation of digital currencies, this report examines the threats that the US dollar faces. It also highlighted international initiatives aimed at promoting de-dollarization. Despite the United States’
The Digital Securities Sandbox (DSS) is changing the financial scene in the United Kingdom. A move toward blockchain technology in securities trading has been announced by a project co-managed by the Bank of England (BoE) and the Financial Conduct Authority (FCA). Firms may now test out asset tokenization in a
CertiK, a firm that audits blockchain security, had a major breach on January 5, 2024. The hacking of the business’s social media account happened in the wee hours of Friday. The hacker used this vulnerability to start a phishing campaign, sending fake messages to CertiK’s followers. A phishing link was
According to asset manager VanEck, which is now in the process of applying for a spot Bitcoin exchange-traded fund with the U.S SEC, they want to give back to the Bitcoin core developers when the fund is approved. In anticipation of the possible acceptance of its spot Bitcoin ETF application,
