CBDCs: China leads global race as e-yuan payments arrive on WeChat January 6, 2022 China has emerged as a front runner in the race to develop state backed electronic money, with e-yuan payments now available on WeChat.
The City View on January 6: Equities in 2022 January 6, 2022 In this episode, City A.M. editor Andy Silvester is joined by Patrick Spencer, Vice Chairman of Equities at Baird, and by City A.M.’s Lily Russell-Jones to look at the crypto market in 2022. Andy also whistles through the headlines, with trading updates from Next and Greggs headlining the City’s day.
Crypto adoption: institutional investors hold back over security concerns January 6, 2022 Crypto's security risks are the biggest cause for concern amongst institutional investors according to a new survey.
Cryptocurrency drop echoes wider sentiment across stock markets January 6, 2022 Bitcoin fell below $43,000 in the early hours of this morning, testing lows not seen since the start of December.
UK police seize £300m in Bitcoin but is only tiny fraction of crime-linked crypto wallets: ‘Criminals see huge returns from jail’ January 6, 2022 Police across the UK have seized bitcoin and other cryptocurrencies valued at almost a third of a billion pounds during multiple criminal investigations. A Freedom of information (FOI) request made by the New Scientist publication shows that 12 of the UK’s 48 police forces in Britain confiscated cryptocurrency in the past five years, totalling more [...]
Crypto crime raised a record $14bn in 2021, says Chainalysis January 6, 2022 The crypto market boomed in 2021 with transaction volumes topping $15.8tn (£11.6tn) as new investors flooded into the digital asset market.
Goldman Sachs predicts Bitcoin could hit $100k in next five years January 5, 2022 Global investment bank Goldman Sachs has predicted that Bitcoin's price could hit $100k (£73.8k) if the asset surpasses gold as a store of value.
The three potential metaversal consequences of QEndless January 5, 2022 Dr Chris Kacher examines how the world is on a knife edge, but could a metaversal snowflake create an avalanche to tip the scales?
Crypto.com slapped with advert ban by UK watchdog January 5, 2022 The UK's advertising watchdog has banned two "misleading" ads by Crypto.com, as its campaign against digital assets continues.
Slow start for Bitcoin, but cryptocurrency is outpacing stocks and shares January 5, 2022 Bitcoin is up one per cent to just below $47k, while second-largest cryptocurrency Ethereum is up 1.5 per cent to around $3,800.