Is the BoE Right to Be Sceptical on a Digital Pound?
<p>The heated debate about introducing a <a href=”https://www.financemagnates.com/cryptocurrency/bank-of-england-pays-200k-for-proof-of-concept-cbdc-wallet/” target=”_blank” rel=”follow”>central bank digital currency</a> (CBDC) in the western world continues with fervor in 2023. Whilst many...
Can NFT Marketplaces Be AML Compliant?
<p class=”MsoNormal”>Despite the massive boom seen in the NFT industry, many still seem to be unconvinced about its future, which is why businesses who work...
Crypto Market Cap Fell by 64.1% to $829 Billion in 2022: Report
<p class=”MsoNormal”>With bearish trends in Bitcoin (BTC), Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), the market capitalization of the global cryptocurrency market slumped by 64.1%...
ABN Amro Partners with Fireblocks to Issue First Digital Bond
<p> ABN Amro (<a href=”https://www.financemagnates.com/tag/abn/” target=”_blank” rel=”follow”>EURONEXT:ABN</a>), a Dutch financial services provider, has registered a digital bond on the public blockchain in collaboration with two...
NFTs Show Signs of Life
<p>If crypto trading is still a niche activity, then NFTs are a niche within a niche, and the past year has seen active market participants...
Neobank N26 Exapnds Crypto Trading Product to 5 New Countries
<p> N26, the German neobank with headquarters in Berlin, has expanded its recently introduced cryptocurrency trading product to five more European countries. N26 Crypto is...
Genesis Is Reportedly Preparing to File for Bankruptcy within Days
<p>Troubled crypto lender Genesis Global Trading, which has halted withdrawals, is in the final stages of preparation to file for Chapter 11 <a href=”https://www.financemagnates.com/terms/b/bankruptcy/” class=”terms__main-term”...
Metaverse not the endgame, but ‘ongoing digital transformation’: Davos 2023
Leaders in the Web3 space came together at the World Economic Forum in Davos to discuss first outputs from the “Defining and Building the Metaverse”...
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro....
New Zealand leader Jacinda Ardern announces shock resignation before upcoming election – CNN
New Zealand leader Jacinda Ardern announces shock resignation before upcoming election CNN Jacinda Ardern to step down as New Zealand prime minister | USA TODAY USA TODAY...