Industry figures fear EU ban on block reward mining could be imminent

    coingeek 2023-12-21 42804 views Trending
    ​In September, it was announced that the European Commission (EC) would undergo a year-long study into the sustainability of digital assets. The EC’s financial services directorate issued a tender for the project, aiming to develop methodology and sustainability standards for mitigating the environmental impact of digital assets.

    Japan should issue digital yen ‘without delay,’ expert panel recommends

    coingeek 2023-12-20 64666 views Trending
    ​central bank digital currency (CBDC) “without delay,” a government panel probing the feasibility of a digital yen has recommended.

    European Commission Probes X (Former Twitter) for Illegal Content

    coinwire 2023-12-18 43807 views Trending
    The European Commission has initiated formal proceedings to investigate X, formerly known as Twitter, over concerns related to the dissemination of illegal content on its platform. The probe, launched on December 18, focuses on X’s handling of content associated with the terrorist group Hamas’ attacks against Israel. The Commission aims to assess whether X violated the Digital Services Act in its response to misinformation and illegal content.

    Germany’s KfW to roll out tokenized bond in 2024

    coingeek 2023-12-18 61335 views Trending
    ​The concept of tokenized bonds is gaining significant traction across the European Union (EU), with the latest entry in the space being the German development bank KfW.

    Crypto Market Surges with $600 Billion Influx: Will Bull Run Continue?

    coinwire 2023-12-15 45560 views Trending
    A massive $596 billion has flooded into the crypto space in the fourth quarter alone, sparking anticipation of a substantial bull run. This surge raises questions about the future trajectory of major cryptocurrencies like Ether, XRP, Solana, Cardano, and Shiba Inu. Binance, in a recent research report, explores various indicators and narratives to evaluate whether the crypto market will sustain its upward momentum or take a different turn.

    Moody’s Analytics, Multiverse Computing introduce quantum tech for financial services

    coingeek 2023-12-14 58256 views Trending
    Moody’s Analytics has announced the launch of a quantum computing solution for finance, designed to operate with a software-as-a-service (SaaS) offering in a valiant attempt to explore new use cases.

    UAE blockchain-powered carbon tracking, trading platform seeks to achieve net zero emissions

    coingeek 2023-12-13 75770 views Trending
    ​Abu Dhabi-based researchers have unveiled a new carbon trading platform built using blockchain technology, designed to trigger global interest in the exchange of carbon tokens.

    Hong Kong to launch second iteration of tokenized green bonds

    coingeek 2023-12-12 64308 views Trending
    ​Hong Kong is eyeing a second launch of tokenized green bonds in the coming weeks in a move expected to push the local economy.

    Societe Generale Launches EURCV: First Euro Stablecoin on Ethereum

    coinwire 2023-12-11 45101 views Trending
    ​Societe Generale FORGE, a subsidiary of the venerable French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV). This stablecoin, pegged to the Euro, is set to make history as the first stablecoin issued by a major regulated European bank on the Ethereum blockchain, as revealed by crypto exchange Bitstamp.

    Finland wants to lead the metaverse race by 2035

    coingeek 2023-12-08 76024 views Trending
    Finland has disclosed plans to play a leading role in the metaverse to boost its digital economy and protect users despite a late entry into the race.

    South Africa weighs licenses for 36 VASPs

    coingeek 2023-12-07 41910 views Trending
    ​South Africa is weighing issuing licenses to 36 virtual asset service providers (VASPs) later this month, the country’s financial watchdog has revealed.

    UK legislators to central bank: Proceed with caution on CBDC

    coingeek 2023-12-06 68443 views Trending
    ​U.K. legislators have called on the central bank to “proceed with caution” in developing a central bank digital currency (CBDC).

    Australia proposes scam code to curb fraud in banking, ‘crypto’

    coingeek 2023-12-05 49902 views Trending
    Australia wants stakeholders in scam-prone sectors like banking, digital platforms, and, in the future, digital assets to take more measures to address the rising scams in the country.

    Bitcoin Surges Toward $40K with Short Liquidations, Reigniting Bullish Momentum

    coinwire 2023-12-04 52731 views Trending
    ​Bitcoin (BTC) has witnessed a spectacular surge, inching closer to the $40,000 mark as it outpaced sellers and liquidated around $60 million in shorts over the span of two days. The latest rally propelled BTC/USD to new highs in 2023, reaching $39,730 and marking a significant milestone since mid-2022. This surge follows an upward momentum that had been building in the days leading up to the breakthrough $39,000 level.

    Ethereum Surpasses $2,000 Amid Regulatory Uncertainties and Positive Network Trends

    coinwire 2023-12-01 41614 views Trending
    Ethereum (ETH) has reclaimed the $2,000 price point, showcasing resilience in the face of regulatory challenges and bolstered by a surge in network activity. Despite recent regulatory actions against major cryptocurrency exchange Binance, Ethereum’s price is trading slightly higher, supported by improved decentralized applications (DApps) metrics, increased protocol fees, and its dominance in the non-fungible token (NFT) market.

    Ukraine: Law agents receive training in digital asset investigations

    coingeek 2023-11-30 68804 views Trending
    Following a spike in digital crime, 14 Ukrainian officials have completed an advanced training course on investigating digital currency offenses to increase their supervision over the sector.

    European Central Bank steps up wholesale digital euro trials

    coingeek 2023-11-29 47488 views Trending
    The European Central Bank (ECB) is stepping up its central bank digital currency (CBDC) trials, and as it revealed in a recent meeting, it’s assessing the demand, security, and performance of a wholesale digital euro.

    Turkey weighs digital asset regulations to curb ‘system abuse’: report

    coingeek 2023-11-28 80103 views Policy
    Turkey is considering new regulations for the digital asset space that will focus on licensing and taxation, senior government officials have confirmed.

    AI technology offers banking industry a wealth of benefits: Bank of America

    coingeek 2023-11-27 77820 views Trending
    ​The Bank of America (BoA) says integrating artificial intelligence (AI) with existing banking processes is expected to offer a range of positives for the financial services industry.

    Mastercard turns to AI for digital currency fraud crackdown

    coingeek 2023-11-24 36898 views Trending
    Payment giant Mastercard has partnered with Feedzai, an artificial intelligence (AI) platform, to crack down on money laundering and fraud perpetrated using digital currencies

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