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Disclaimer: The text below is a press release that was not written by Cryptonews.com.

The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto and Digital Assets Summit hosted by The Financial Times.

For France’s crypto industry, Emmanuel Macron's re-election for another five-year term may mean that Paris will oppose measures to hamper crypto innovation at the European Union level, but also that France will push for the creation of a “European metaverse.”

EOS is among the cryptocurrencies that have been in the green within the last 24 hours as the market continues to recover. It traded at $2.57 after rallying by more than 5.56% at the time of writing. Although its daily performance was not outstanding, it was one of the top 50 coins that managed to hold on to significant weekly gains.

Banks should continue funding fossil fuel companies if they are helping to lead the green transition, the chair of the Net-Zero Banking Alliance said.

Chennai/Mumbai: Indian companies across sectors have started experimenting with various options — especially non-fungible tokens (NFTs) — as a marketing tool to expand their presence in the relatively new digital domain of metaverse. These companies range from Mahindra & Mahindra (M&M), Ceat & MG Motor in the automobile space to jewellery brand Tanishq from the Tata Group, to travel aggregator MakeMyTrip. They have introduced their own NFTs. NFTs are digital assets that allow a very limited number of owners a digital experience and also bragging rights. Their ownership is validated by a long alphanumeric code that’s nearly impossible to hack. NFTs, for all practical purposes, are digital arts. To attract new customers who are more tuned to the real world and may not be comfortable with a fully digital experience, companies are mixing in some real-life experience too for NFT owners. Last week, Tanishq launched its new ‘Romance of Polki’ wedding collection in the metaverse, allowing guests to get a 3D experience of the launch and the jewellery pieces as well as to try on a showstopper piece using QR codes from their mobiles. According to Titan CEO (jewellery division) Ajoy Chawla, the company is trying to discover the metaverse and explore its potential. Presented ByDid you Know?DeFi is enablin

Banks should continue funding fossil fuel companies if they are helping to lead the green transition, the chair of the Net-Zero Banking Alliance said.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that will offer the greatest return. 

2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia war, ransomware’s use as a geopolitical tool — not just a money grab — is expected to grow as well.

In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis for the creation of the modern drug industry. This reflected her earlier statements about the digital currency market resembling the “Wild West,” which makes it a poor investment as well as an “environmental disaster.” With her latest bill in the Senate pipeline targeting Russian actors’ potential use of crypto to circumvent United States sanctions, it is fair to ask: Is the military conflict in Ukraine merely an excuse for Warren to act on her long-standing distaste for digital assets?

Non-fungible tokens (NFTs) based on Solana (SOL), a public blockchain and a rival to Ethereum (ETH), are slated to get a boost as the major NFT marketplace OpenSea prepares to add support for these digital assets.

A recovery in the price of bitcoin should fuel gains for mining companies that process transactions on the crypto's network. Yet the stocks face hurdles beyond the digital currency's price.

Federal Reserve Bank of New York leader John Williams said Friday that he is open to the central bank doing a half-percentage-point interest rate increase if the economy’s outlook calls for it, while stopping short of saying such an action is likely.

The U.S. is ramping up shipments of liquefied natural gas to Europe this year as the continent hunts for new supplies around the globe to phase out its reliance on Russian energy after the invasion of Ukraine.

Larry Fink, the CEO of the world’s largest asset manager BlackRock, believes the ongoing Russia - Ukraine crisis has boosted the case for digital currencies as a tool of settlement for international transactions.

Crypto.com is already one of the top 10 cryptocurrency exchanges, but it certainly intends on becoming the biggest crypto brand in the world, given its marketing strategies. And with its most recent association, the crypto company has taken a massive step in that direction.

Bitcoin has perked up, gaining 8% to roughly $42,600 in the past week. But ether, the second-largest cryptocurrency, has gained 15% and has pushed past a key level of $3,000.

The Federal Reserve’s decision to start raising rates has a surprising beneficiary: a cryptocurrency startup.

Upon taking office in May, South Korean President-elect Yoon Suk-yeol vowed to zero tax crypto trading gains not exceeding 50 million won, approximately $40,000 similar to stock gains, according to Nikkei.