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“Cryptoassets have so far not reduced but rather amplified the financial risks in less developed economies,” the study, published by the Basel-based Bank for International Settlements (BIS), said, adding that regulating the sector would be preferable to a full ban, given the difficulties of enforcement and risks of curbing innovation. Original
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The advent of web3, a future-ready iteration of the world wide web powered by the blockchain, seems ready to unlock a seismic shift within the global economic
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Binance CEO Changpeng 'CZ' Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community, in which fake wallet addresses are used to defraud users during transactions.The scheme generates addresses with the same starting and ending characters as the user's original address. Once the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The competition between nation-states to attract crypto talent and capital has been one of the most surprising emergent trends throughout the bear market. The UAE has rapidly drawn investors and startups, Hong Kong is not far behind,
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The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of.Open bankingThe delivery
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OKX, formerly OKEx, is a blockchain ecosystem designed to bridge the gap between web2 and web3. Its ecosystem offers decentralized finance (DeFi) services, and its exchange was launched in 2017. However, with the market becoming more competitive,
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The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair of a new crypto think tank.Loretta Joseph, chair of the Australian Digital Financial Standards Advisory Council (ADFSAC) — the newly launched policy institute under the ADC Forum —
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Throw in the increasing probability of significant currency turmoil ahead in emerging countries’ economies, inflationary pressures and a strong dollar, and, in turn, the likelihood of political turmoil, and you can see how the “insurance” and “hedge” qualities of crypto assets such as BTC and stablecoins become even more compelling.
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In recent years emerging technologies have been pervasive in many major industries around the world. Whether it’s blockchain used to help combat climate change or artificial intelligence (AI) projected to drive economic growth.At the Metaverse Entertainment Worlds (MEWS) conference in Monaco, Cointelegraph sat down with Dr. Stephen Castell to discuss
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Deep learning and artificial intelligence (AI) are rapidly evolving fields with new technologies emerging constantly. Five of the most promising emerging trends in this area include federated learning, GANs, XAI, reinforcement learning and transfer learning. These technologies have the potential to revolutionize various applications of machine learning, from image recognition
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