Digital Financial News
09.12 / 20:21
Digital
Platform
Paxful
Pilots
WhatsApp pilots crypto payments in the U.S., to be powered by Novi digital wallet
WhatsApp, the instant messaging service has launched a new pilot for a limited number of people in the U.S. to send and receive money from within their chat, using cryptocurrency. It is powered by Novi, Meta’s digital wallet which was launched six weeks ago. The digital wallet will help users in conducting crypto-related transactions.
09.12 / 18:31
Blockchain
Digital
NFT
CAT
new cryptocurrency
New cryptocurrency wave begins with community-first NFTs
Nonfungible tokens (NFTs) have already taken over the world of art, blockchain gaming and collectibles. Now, with the technology continuing to mature, NFTs are able to take these opportunities one step further, building entire communities that inspire education, social interaction and other long-lasting benefits.
09.12 / 16:43
UPS
Digital
Racing
wholesale
India to explore wholesale, retail CBDCs, ‘will release pilot, whichever is ready first’
China’s digital yuan CBDC is seeing formidable rates of adoption. Meanwhile, Australia reported on the “successful completion” of its research for the Project Atom CBDC. Adding to that, Project Jura saw the Banque de France and the Swiss National Bank finishing up a cross-border wholesale CBDC transfer trial, which was also “successful.”
09.12 / 16:43
Provident
Digital
India trade association, CII wants crypto to be considered ‘securities of a special class’
India’s ongoing regulatory uncertainty regarding cryptocurrencies, has led to widespread FUD in the sector. However, another side of the regulatory narrative has come to the fore amid these circumstances.
09.12 / 16:11
cryptocurrency
Provident
Digital
"Cryptocurrency, Digital Tokens Should Be Considered As 'Capital Assets' For Income Tax Purposes": Industry Body CII
Crypto or digital tokens should be treated as securities of a special class, said CII
09.12 / 13:23
Digital
VISA
Bitcoin
Financial
Visa Launches Crypto Advisory Service For Financial Institutions, Merchants
Visa Inc, the world's largest payment processor, on Wednesday launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam.
09.12 / 12:47
Digital
VISA
Strategy
services
Visa Establishes Advisory Services, Helping Clients Maneuver their Crypto Journey
As part of efforts to expand the knowledge base of its clients and partners in their cryptocurrency journey, payment giant Visa has introduced a global crypto advisory practice as part of the consulting & analytics department.
09.12 / 12:17
Ethereum
Digital
Progressive
Action
Reserve
Australia Reserve Bank, partners announce ‘successful completion’ of CBDC research project
China’s rapid-fire progress with its digital yuan CBDC, spurred rival nations into action. However, it turns out that some of them – like Banque de France – have been carrying out research projects or even CBDC pilots for months. Now, the latest to join this group was Australia.
09.12 / 10:21
Provident
Digital
LSE
London Stock Exchange
Bitcoin
Former LSE boss Xavier Rolet calls for global digital currency
Global exchanges should be working to provide a safe and regulated alternative to private cryptocurrencies, the former boss of the London Stock Exchange said, as demand for bitcoin and other digital assets continues to grow.
09.12 / 08:53
CBDC
Adoption
Digital
Eastern Caribbean CBDC expands to another two territories
The Eastern Caribbean Central Bank (ECCB) rolled out its digital payment system to The Commonwealth of Dominica and the British overseas territory of Montserrat on Dec. 7, leaving only Anguilla left among the eight countries planning to implement it.
09.12 / 06:01
Blockchain
Digital
NFT
Investments
Animoca Brands' treasury increased in value by 5X over two months
Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months.
08.12 / 21:27
Digital
NOT
Central bankers not yet ready to greenlight retail digital coin
Central bank policymakers around the world are all looking intently at developing central digital currencies as the use of hard cash wanes but they have yet to decide on giving a retail CBDC the green light.
08.12 / 20:31
Digital
Waters
Future
lawmakers
Crypto chiefs tell lawmakers the tech behind digital coins is promising for the future
WASHINGTON — Cryptocurrency chief executives appeared before Congress on 8 December to argue that their technologies hold promise for the future, as lawmakers and regulators wrestle with how to bring the more-than-$2tn market under government oversight.
08.12 / 18:20
UPS
Digital
Action
CFTC commissioner discourages enforcement actions without regulations
Cryptocurrencies are being celebrated by investors but the lack of regulations has put them in a fix. In the United States, there have been actions taken against crypto businesses for lack of compliance. This has given way to the most important question – What are the laws concerning crypto?
08.12 / 17:15
UPS
Digital
VISA
Visa launches crypto advisory practice
For financial institutions eager to attract or retain customers with a crypto offering, retailers looking to delve into NFTs, or central banks exploring digital currencies, understanding the crypto ecosystem is a vital first step.
08.12 / 16:25
UPS
Digital
VISA
services
Visa amps up its crypto services, as ‘every bank should have a crypto strategy’
Realizing the growing demand for cryptocurrencies and various crypto products, Visa is now moving forward with a global crypto advisory practice to help clients.
08.12 / 16:09
UPS
Digital
WazirX
Kotak Mahindra To Partner With Cryptocurrency Exchange WazirX, Account Can Be Used By Investors To Receive And Pay Money For Trading
Kotak Mahindra Bank has opened its doors for cryptocurrency trading
08.12 / 14:23
UPS
Ethereum
Digital
Bitcoin
Australia in CBDC talks as Treasurer claims crypto ‘shake up’ is coming
Things are rapidly changing for cryptocurrencies in the land down under. A survey by Crypto.com recently found that out of over 2,000 Australia-based participants, 65% believe that crypto is more than just an investment, while 26% have put crypto-related gifts – including Bitcoin and Ethereum – on their Christmas shopping lists.
08.12 / 13:35
Provident
Digital
coinbase
Hallmark
All I want for Christmas is an NFT — a crypto starter pack will also do
Cash in little wrapped boxes or tucked inside Hallmark cards is one of the most reliable and beloved gifts. But this holiday season, cash gifts are taking a new form as cryptocurrencies and nonfungible tokens, or NFTs.
08.12 / 13:31
Blockchain
COST
Digital
Platform
Thai Central Bank Urges Less Engagement With Crypto, Other Sectors See Otherwise Instead
Due to the volatile nature and potential risks to the financial and payment stability of cryptocurrencies, the Bank of Thailand (BOT) has urged commercial banks to stay away from trading with digital assets, Bloomberg reported.
08.12 / 13:21
Blockchain
COST
Digital
Ubisoft
Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT
Rennis, France-based Ubisoft, a video game developer and publisher launches a platform called «Digits» on its own Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.
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