Digital Financial News

Popular culture depicts publicists as soulless spin doctors who will sell their mother if it means landing a feature in The Wall Street Journal. While it’s true that any serious PR pro is ambitious about earning coverage for clients, the idea that we are unshackled by ethics and objectivity is nonsense. PR is about connections, and integrity means lasting relationships with journalists. 

Brazil’s Central Bank, the Banco Central do Brasil (BCB), has unveiled a “roadmap” of events ahead of the nation’s CBDC rollout.

While a final decision on issuing a digital euro has yet to be made, the ECB has been busy investigating options ahead of a potential launch, which would come in 2026 at the earliest.Last year, the central bank began working with five companies - Nexi, CaixaBank, Amazon, Worldline and EPI - to provide front-end prototypes to test different payment use cases.Nexi was chosen for the point-of-sale payments initiated by the payee use case. Updating on the effort, it says that it integration with the existing payment landscape is possible and that a digital euro would work both online and offline, using independent designs, thus increasing the resilience. Roberto Catanzaro, chief business officer, merchant solutions, Nexi, says: "An engaging user and merchant experience is paramount to ensure wide adoption of the digital euro and we have brought our best expertise in both acceptance and mobile payments technologies to set a clear way forward."

Student athletes from around the world will get the chance to use China’s digital yuan in July, with the CBDC put to use at the Summer World University Games in Chengdu.

LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company's CEO told CNBC.

The recent significant drop of over 5% in Bitcoin's price has raised concerns among investors and traders. 

The Shanghai Municipal Science and Technology Commission announced today the release of its «Shanghai Metaverse Key Technology R&D Plan (2023-2025)». The plan revolves around the key technology dimensions of the Metaverse, including content, computation, transmission, and terminal technology, integrating domestic and international industrial development trends and local research and development foundations.

The most prominent cryptocurrency, Bitcoin, is currently being closely monitored for potential price predictions and breakout opportunities. 

The Federal Reserve's decision to keep interest rates unchanged and their projection of potential rate hikes later this year have significant implications for the financial markets. 

Human psychology and money don't mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC's Financial Advisor Summit.  

The Solana Foundation has publicly <a rel=«nofollow» href=«https://twitter.com/SolanaFndn/status/1667578529612017666?ref_src=» https:>objected

The entire crypto market slid last week after the U.S. Securities and Exchange Commission (SEC) filed back-to-back lawsuits against Binance and Coinbase – two of the world’s largest digital asset exchanges by trading volume. 

Riccardo Sibani, Chief Product Officer at My Neighbor Alice, represents the company on the OMA3 Board and contributes to developing a more interconnected metaverse.

The latest data on the US inflation rate indicates that consumer prices increased by 4% from a year earlier, marking a decrease from April's 4.9% and a significant drop from last June's 40-year high of 9.1%. 

The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday.

Welcome back to the Fintech Files. Alex Daniel, your regular correspondent, has sadly left Financial News for pastures new. But fear not, FN will still be delivering the market's best round-up of crypto news every Tuesday. (If you want to get it straight to your inbox just click here).

In this article

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

The price of Bitcoin has entered a consolidation phase, trading within a range of $25,400 to $26,200. 

Chinese police have warned there has been an increase in digital yuan-themed scams, as the nation’s CBDC rollout gathers pace.

A Chinese city says it is rolling out offline digital yuan “hard wallets,” with the nation targeting CBDC uptake among “elderly citizens and children.”