Crypto investors should be prepared to lose their money, say EU regulators March 17, 2022 Investors risk losing all the money they invest in speculative crypto assets and should be wary of scams EU regulators warned in a joint statement.
The Rise of Digital Securities March 17, 2022 In 2021 the modern economic landscape is already beginning to shift. The growth of cryptocurrencies and decentralised finance (DeFi) has been a part of the discussion for years, but the reality of how it will impact securities trading is finally being realised. An increasing number of securities are now digitised in a variety of sectors, [...]
How Blockchain Can Take the Finance Industry Beyond APIs March 17, 2022 Have you got an API for that? In the developing world of fintech, many platforms are based around Application Programming Interfaces (APIs). These APIs are essential for offering one’s services to clients who wish to consume machine to machine rather than through your website. They have become the next big thing after delivering your services [...]
Can NFTs Increase Efficiency in Trade Finance? March 17, 2022 Synopsis: How the traditional processes of trade finance can be streamlined through the use of NFTs. From original works of art to providing proof of ownership to almost any physical asset imaginable, non-fungible tokens (NFTs) are fast emerging from their niche in the crypto sector to find a visible and important position in the global [...]
‘Big tech’ staff leaving in droves to join blockchain and crypto firms March 16, 2022 Crypto AM's Jonny Fry examines why big names like Amazon, Facebook, Apple, Google and Microsoft are losing staff to crypto projects.
HMRC contacts just 0.4 per cent of UK crypto holders about tax rules March 16, 2022 HM Revenue & Customs contacted just 0.4 per cent of the estimated 2.3m crypto holders in the UK about owing tax on their investments.
Ex-Meta staff raise $200m for new crypto venture March 16, 2022 Former Meta staffers have created a $1bn crypto startup from the ashes of Diem, the abortive stablecoin project shut down earlier this year.
Binance handed Dubai licence days after Bahrain green light March 16, 2022 Binance has today been granted a Virtual Asset Licence to enable it to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region.
HSBC dives into metaverse amid shutdown of bank branches March 16, 2022 HSBC is swapping the physical world for virtual reality with plans to build a metaverse amid the closure of dozens of physical bank branches.
Bitcoin back above $40k as crypto correlation grows March 16, 2022 The crypto markets are looking a little perkier today, with the price of Bitcoin (BTC), the world's largest cryptocurrency by market capitalisation, briefly breaking above the $41,000 mark.