KPMG – DIGIT INFO

Metaverse projects failed on lack of correct business model: MetaMinds CEO

As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models.

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Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022

Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle to keep the naira to the dollar exchange rate […]

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Latam Based Cryptocurrency Exchange Ripio Expands to US

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US […]

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Big Four Company KPMG to Examine New Business Models in the Metaverse

KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four […]

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FASB guidelines could ‘smooth the way’ for broader crypto adoption

Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.

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KPMG enters the metaverse, invests $30M in Web3 employee training

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

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Crypto Biz: Crypto was in full swing at Collision Conference, June 17-23

Despite the bear market in Bitcoin and altcoins, the industry’s builders continue to build for a brighter future.

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Institutions are exploring the space — KPMG Canada crypto team

Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.

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Crypto Biz: Wall Street is marketing Bitcoin for us, Feb. 3-9

Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years.

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Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion

A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.” ‘Blockbuster Year for Crypto and Blockchain’ KPMG published a […]

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