Digital euro could take four years, says ECB president Christine Lagarde
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. Go to Source Powered by WPeMatico
Adoption
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Mobile games developer Tapinator to launch ‘NFT500’ service
NFT500 will be a subscription casting service that will put NFTs on physical display, allowing users to display their favorite digital art rather than buy it outright. Go to Source Powered by WPeMatico
PayPal to start letting US customers pay in Bitcoin at global merchants
A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed. Go to Source Powered by WPeMatico
Former SEC Chairman Jay Clayton joins crypto advisory board
Clayton, who stepped down from the SEC in 2020, joins the regulatory advisory council of One River Asset Management. Go to Source Powered by WPeMatico
The promise of smart contract adoption is held back by crypto silos
Smart contracts present one the most promising tech solutions for business, but there are still barriers that have to be addressed. Go to Source Powered by WPeMatico
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. Go to Source Powered by WPeMatico
NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO
The two main factors driving mass adoption are converging, says Crypto.com CEO Kris Marszalek. Go to Source Powered by WPeMatico
New Zealand retirement fund reportedly allocates 5% to Bitcoin
Institutional uptake of BTC is on the rise. KiwiSaver of New Zealand appears to have built up exposure to Bitcoin in October 2020. Go to Source Powered by WPeMatico
Asset management giant Fidelity files for Bitcoin ETF
Fidelity submitted paperwork for the Wise Origin Bitcoin Trust on Wednesday. If approved, the Trust would be the first Bitcoin ETF to launch in the United States. Go to Source Powered by WPeMatico
Most asset managers still in ‘education mode’ on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now “sophisticated” and “comfortable” with crypto, many others are still playing catch up. Go to Source Powered by WPeMatico