788 Results from /crypto
Retired Member
In June this year, El Salvador’s President Nayib Bukele announced he was proposing bill that recognizes Bitcoin as “legal tender.” If enacted, El Salvador will become the first sovereign nation to formally recognize Bitcoin as its national currency, alongside the United States Dollar. The longer term implications of this legislation are, obviously...
31 August 2021 /payments /crypto Banking Strategy, Digital and Transformation
How embedded finance is streamlining banking and payments for consumers and enabling brands to launch new products with ease. About a decade ago, challenger banks and neobanks signalled the start of the fintech revolution. Traditional banks stood up and took notice of the industry upending potential of fintech apps with their seamless in-app experi...
31 August 2021 /payments /crypto Fintech
Carlo R.W. De Meijer The Meyer Financial Services Advisory (MIFS) at MIFSA
Long-time regulators were not sure on if at all or how to handle the crypto ecosystem. But that has changed fundamentally with the crypto industry witnessing massive growth and interest from traditional institutions and major investors. This year has been a year of increased regulatory focus of the booming crypto market. The potential for crypto ex...
31 August 2021 /crypto Blockchain Observations
Just the other day, a media report sent shockwaves across the cryptoverse—was Amazon, the eCommerce titan built by the richest man in the world, about to embrace crypto? The market shot up as bulls pushed the pedal to the metal, eyeing the promise of plenty. We all know how this one ended though: The retail giant denied the rumor, and the bull ru...
30 August 2021 /payments /crypto Blockchain in Banking and Financial Services
The recent explosion in the decentralized universe due to blockchain has invited a lot more than just opportunities. It has introduced a way of living for the next generation, which can genuinely mend the ways of Public and Private dealing according to the user’s needs. Blockchain leverages the vacant Hard Disk Drive (HDD) spaces to store the data...
30 August 2021 /inclusion /crypto Cryptocurrency Insights
Filipe Gonçalves DeFi architect at Ankr
Staking is an important function for Proof-of-Stake blockchain protocol as it contributes to the security of the network and offers a more energy efficient alternative for achieving consensus when compared to Bitcoin, which operates under a Proof-of-Work system. However, the energy efficiency of Proof-of-Stake comes at the cost of capital inefficie...
26 August 2021 /inclusion /crypto Blockchain in Banking and Financial Services
Kim Engman Senior Director at Tietoevry Banking
As an abundance of private and alternative forms of money are moving into the currency space, central and commercial banks are being forced to reconsider their position. In this, the second of a two-part series, Kim Engman looks at the progress of Central Bank Digital Currencies (CBDCs) including the different designs for CBDCs and how they might ...
26 August 2021 /payments /crypto Cryptocurrency Insights
In the first of a two-part series, Kim Engman explores why “suddenly” there is a new frontier in payments for central banks, called Central Bank Digital Currencies – or CBDCs. Money, as we know it, is in transition. Banknotes and coins are no longer accepted by many merchants; digital money crosses platforms and newly created private currencies hav...
Introduction: Cryptocurrency can be considered the Peter Pan of the digital world. In spite of being more than 11 years old, cryptocurrency still attracts curiosity from a lot of people. It has transitioned from a state of people enjoying ignorance about cryptocurrency to people getting into the zone of FOMO when it comes to the same thing! The b...
24 August 2021 /crypto Cryptocurrency Insights
Introduction: Blockchain technology, by itself, it’s relatively new. It all started with the introduction of bitcoin in 2009, and it is unbelievable that technology that is not even 15 years old has undergone so much transformation in a little over a decade. Every year, there is something in the world of blockchain that gives huge popularity and b...
20 August 2021 /inclusion /crypto Blockchain in Banking and Financial Services
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