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Payments giant Mastercard says adoption is the most challenging part for state-issued digital currencies. The second-largest payment-processing provider, Mastercard, sees no prospects for central bank digital currencies (CBDCs) shortly, as consumers nowadays are “comfortable using today’s type of money.” In an interview with CNBC, Ashok Venkateswaran, APAC head for digital assets and
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The Information Commissioner’s Office (ICO) has shared its top tips to support consumers shopping smart tech this Black Friday. Smart tech is expected to be a popular category again this year, with Brits primed to bag themselves a bargain
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We’re driven by status, too – something that has fueled much of the activity in NFTs. NFTs are more than digital assets: they denote social standings, group affiliations and taste. NFTs unlock unique experiences in IRL spheres, offering nuanced social and cultural interactions. While the tokens themselves hold speculative value,
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MEXC’s crypto custody services need to be authorized with BaFin. “Financial services may only be offered in Germany if the company providing these services has the necessary authorization from BaFin to do this,” the regulator said on its website. Source
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There is a “real risk” that the artificial intelligence (AI) industry could develop in a way that could end up with only a few firms dominating the market while consumers are bombarded with harmful information, according to the United Kingdom’s competition watchdog. In a report published on Sept. 18, the Competition
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The Information Commissioner’s Office (ICO) and Competition and Markets Authority (CMA) are calling for businesses to stop using harmful website designs that can trick consumers into giving up more of their personal data than they would like. Practices include
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Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened
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As rising prices have forced consumers all over the world to reduce their spending and find new ways of coping with the increased cost of living, consumers are finding themselves relying on credit cards even more than they already were. More Americans are unable to pay their credit card bills in
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"Futures derive their pricing from the underlying spot markets, given that they are derivatives of spot bitcoin," Salm said on CryptoX TV’s “First Mover” on Wednesday. "If we're going to have bitcoin futures trading being approved by the SEC, how can we not also have spot bitcoin ETFs be approved
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Web3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening the door to broader consumer adoption of digital assets. The Series A funding round was led by Liberty City Ventures, with additional participation from JetBlue Ventures, Craft Ventures, Franklin Templeton,
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