Natural disasters wreck FinTech infrastructure, proving cash is still king
The lessons from recent hurricanes shouldn’t be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Majority of Indian investors see ‘no easy way to enter’ crypto
Most mainstream Indian investors still do not see an easy way to enter the crypto markets despite recent regulatory liberalization regarding virtual currencies. 2108 Total views 22 Total shares A comprehensive survey from India’s CoinDCX exchange has found that most local investors don’t see an “easy way” to access exposure to crypto assets. That’s despite…
ETH falls 6% amid Trump assassination attempt, looming rate cuts, ‘FUD’ wave
Ether’s price in Bitcoin terms has also fallen to its lowest level since April 2021.
Bank of England unveils all-star payments and tech lineup for CBDC Forums
Executives and experts from Google, Amazon, PayPal and ConsenSys will be assisting Britain’s central bank with its CBDC research. 115 Total views 24 Total shares The United Kingdom’s central bank is ramping up its research into a central bank digital currency (CBDC) with the selection of a long list of banking and fintech experts to…
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. 227 Total views 18 Total shares The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to
Increasing number of divorce proceedings involve crypto
Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s becoming a very common scenario as more people hold crypto assets. Last year, market research firm GWI suggested that as much as 10.2% of global internet users aged 16 to 64…
Bank of Japan begins first digital currency proof of concept
The first phase of Japan's CBDC pilots will be completed by March 2022, the central bank states. 612 Total views 9 Total shares The Japanese central bank has launched a proof of concept for its central bank digital currency, or CBDC, according to an official announcement on Monday.Following initial preparations to test the technical feasibility…
‘Unleash the Utility!’ — XRP Users Petition Ripple to Sell More Tokens
Xrp community members have matured from earnest petitioning strategies to sarcastic ones, as they continue to express anger about the negative market consequences of Ripple dumping allegedly excessive quantities of XRP.A change.org petition launched at the end of August, entitled “Ripple Must Increase the “Dumping of XRP,” has attracted more than 200 signatures as of…