Report – Page 9 – DIGIT INFO

Education and aesthetics: Bringing more women into the Metaverse

Brands have the potential to make the Metaverse more women-friendly by focusing on beautiful aesthetics, accessibility and education.

Go to Source

CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible

Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report, the eurozone’s monetary authority also claims stablecoins, among other options, are “problematic.” ‘Holy Grail’ of Cross-Border Payments in Reach Through CBDC, European Central Bank Insists […]

Go to Source

Metaverse market share to surpass $50 billion by 2026, says new report

A new report reveals the Metaverse will have a market share surpassing $50 billion by 2026.

Go to Source

ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks

A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB) to €3,000 per person. Limited Availability of Digital Euro […]

Go to Source

Tether says it holds zero Chinese commercial paper, denies 85% exposure

Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago.

Go to Source

Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the […]

Go to Source

Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem

On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover, […]

Go to Source

Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC). Blockchain.com Lays Off 150 Workers Citing Crypto Winter Conditions On […]

Go to Source

US federal agency issues legal advisory on NFT investments

The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate.

Go to Source

Report: Bank of Spain Worried About Inflation and Its Consequences in Latam

The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic. Bank […]

Go to Source