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DMI finds CBDCs not targeting cross-border payments, huge potential in Metaverse

Central bank digital currency (CBDC) development aims squarely at inclusion, both for the central bank in the national economy and for the people it serves. Meanwhile, the technology for cross-border payments is being developed elsewhere for the most part, according to a new report on the payments industry. The Digital Money

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Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo – Featured Bitcoin News

The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange Kraken’s CEO on Damage to Crypto Industry Caused

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Fidelity report shows resilience to crypto winter, huge adoption gap among investors

Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite headwinds, the study concludes, but adoption remains highly uneven among different types of investors. In its survey of 1,052 institutional investors in Asia, Europe and the United States, Fidelity

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Singapore court issues ‘huge’ NFT decision, allows papers to be served via blockchain

The Singapore High Court on Friday issued what some lawyers are describing as a “huge decision” in affirming the court’s jurisdiction over a case involving a non-fungible token (NFT), despite the borderless and decentralized nature of blockchain networks that host NFTs.The case involves a plaintiff who used a Bored Ape

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Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K

Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEurozone sees fresh all-time high inflationData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,000 after falling steadily overnight.Still trapped in a tight range, the

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‘The social benefits are huge’ — Web3 gaming to shift digital ownership

There is no substitute for experience. Even when an experience can feel regrettable, like getting your brother’s Runescape account banned.Robbie Ferguson grew up as an avid gamer, accumulating thousands of hours playing his favorite games. One fateful day, he logged into Runescape and set in motion a series of events

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Crypto Could Become ‘a Huge Way’ That Monetary Transactions Take Place – Featured Bitcoin News

Former Morgan Stanley CEO John Mack has confirmed that he still owns bitcoin. While admitting that it is hard for him to understand why crypto has value, the former executive believes that 50 years from now, crypto could be “a huge way that monetary transactions take place.” Former Morgan Stanley CEO

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