Cryptocurrency - Long Reads, News, Articles & Research: Finextra

CBDC: Powering the future of money in the digital era

This is an excerpt from Finextra’s report, 'The Future of Digital Banking North America 2023'. The last couple of years have witnessed a revolution in digital currencies globally. Rapid advancements in technology and decline in cash transactions, particularly through the pandemic, have further fuelled their rise. A report by UNCTAD in 2021 indicat...

25 October 2022 /crypto

Why insolvency practitioners are battling with crypto recovery as cost of living bites

Lucas Arnold Director of Litigation Funding at Harbour

Why insolvency practitioners are battling with crypto recovery as cost of living bites

The current economic news presents a bleak picture. Whilst Covid lockdowns have eased, businesses and consumers now face inflation levels not seen in a generation as well as rising interest rates. All businesses will be impacted by reduced consumer spending power and higher energy costs. Given this, it is not surprising that recent statistics repo...

18 October 2022 /crypto

Cash or crypto – can I pay my employees in crypto?

Ashleigh Green Solicitor at Napthens

Cash or crypto – can I pay my employees in crypto?

Bitcoin reached an all-time high of over $68,000 in November 2021, despite starting the year at under $30,000. There is no doubt that cryptocurrency is a volatile market as the rates can drop and rise at any moment, so why is cryptocurrency at the forefront of most investment discussions, and should employers consider paying employees in such a wa...

21 September 2022 /crypto

Is Ethereum’s long-awaited 'The Merge' upgrade a game changer?

Charles-Henry Monchau CIO at Syz Group

Is Ethereum’s long-awaited 'The Merge' upgrade a game changer?

The price of Ether (ETH) rebounded strongly in July. Renewed risk appetite certainly played a role, but some investors are looking positively at a major change in the way the blockchain Ethereum will operate, starting 19 September. From Ethereum to Ethereum 2.0 Launched on 30 July 2015, Ethereum is a decentralised exchange protocol that allows use...

18 August 2022 /crypto

Will investors be convinced by the Royal Mint’s NFT?

Keith Oliver Head of International and Partner at Peters & Peters

Will investors be convinced by the Royal Mint’s NFT?

This piece was co-authored by Keith Oliver, head of international, and Caroline Timoney, commercial litigation and civil fraud legal researcher at Peters & Peters LLP. ‘NFT’ became the buzzword of 2021, and Collins Dictionary word of the year, after an 11,000% rise in its usage. In September 2021, around 225,000 NFTs were sold on average per we...

09 June 2022 /crypto

IFGS 2022: John Glen MP on new legislative developments around stablecoins and cryptoassets

Finextra Research Writer at Finextra

IFGS 2022: John Glen MP on new legislative developments around stablecoins and cryptoassets

John Glen MP, Economic Secretary to the Treasury of the United Kingdom, spoke at the Innovate Finance Global Summit – the flagship event of UK FinTech Week – where he discussed the landscape of FinTech in the UK, and announced new legislative developments on stablecoins and other crypto assets. His key points included: New legislation on stablec...

05 April 2022 /crypto

IFGS 2022: FCA's Jessica Rusu discusses Russian sanctions and regulating cryptocurrency

Finextra Research Writer at Finextra

IFGS 2022: FCA's Jessica Rusu discusses Russian sanctions and regulating cryptocurrency

Jessica Rusu, Chief Data, Information and Intelligence Officer at the FCA, spoke at the Innovate Finance Global Summit, the flagship event of UK FinTech Week, where she discussed Russian sanctions, regulating crypto and the focus for the FCA. Her key points included: Russian sanctions: “To support the UK’s economic sanctions against Russia, we hav...

05 April 2022 /crypto

‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report

Paige McNamee Senior Reporter at Finextra

‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report

A leading voice in the international central bank digital currency (CBDC) dialogue, fintech consultant and author of Cashless, Richard Turrin has spent over a decade working in the financial technology industry in China and APAC and brings a unique perspective to his analysis of the diverging approaches being taken to CBDC strategy and adoption. On...

25 February 2022 /crypto

Implications of Central Bank Digital Currencies on Cash Management

Retired Member

Implications of Central Bank Digital Currencies on Cash Management

Just when we all thought that cash management could not get any more complex central banks have begun introducing a new type of money – Central Bank Digital Currencies (CBDCs). This is an extract from The Future of Digital Banking in Asia 2022 report. CBDCs are a form of electronic money issued by a central banks like the Monetary Authority of Sin...

01 February 2022 /crypto

CBDCs: Here's what every central bank in the world is working on

Madhvi Mavadiya Head of Content at Finextra

CBDCs: Here's what every central bank in the world is working on

Here is the updated comprehensive list of where each central bank is at with their respective central bank digital currency, providing the most recent CBDC developments across 80+ central banks, so bookmark it and use it as a reference tool. What is a CBDC? Firstly, it makes sense to define what a Central Bank Digital Currency is and how it dif...

17 January 2022 /crypto

WallStreetBets founder Jaime Rogozinski talks institutional interest in cryptocurrency

Paige McNamee Senior Reporter at Finextra

WallStreetBets founder Jaime Rogozinski talks institutional interest in cryptocurrency

Following the launch of WSBDApp’s exchange-traded portfolio (ETP), WallStreetBets (WSB) founder and strategic advisor to the WSBDApp, Jaime Rogozinski, announced that the decentralised application is launching its DeFi products onto the Bitcoin blockchain on the Money 20/20 stage in Las Vegas. The app will facilitate securities trading by working ...

03 November 2021 /crypto

Arvin Abraham Partner at Goodwin Procter

Demystifying DAOs

Decentralised Autonomous Organisations (DAOs) are organisations whose rules and governance (the parameters by which they operate and stakeholders interact) are encoded in a blockchain (i.e., in a computer program rather than set out in a typical paper based governance document such as a shareholder’s agreement). As these rules are set out in a blo...

04 October 2021 /crypto

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