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When considering the design of a CBDC, people will also have to grapple with difficult questions on choice, inclusion and stability, Skingsley said. But "innovation usually takes us to new places and opens up possibilities that were not there until a new technological breakthrough has happened," she added. Source
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If there’s ever been an artist suited for the digital renaissance of putting art on the blockchain, it would be Matt Kane — a traditional artist who transitioned into digital art by writing his own software and pushing
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“People have the absolute right to expect that their sensitive personal information will be treated with the utmost privacy and in accordance with data protection laws. For some reason, this individual chose to flout those laws and spend
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New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of "personal growth bets."According to the duo, personal growth bets are single-party contracts that people
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Decentralized finance (DeFi) gave birth to a wide range of financial services that aim to challenge what traditional finance (TradFi) offers. However, the user experience persists as a major issue hindering the widespread adoption of DeFi apps and solutions. For years, the DeFi ecosystem has been seeking an entry point
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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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In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned. Genesis Of The Case Judge Philip Jeyaretnam made this declaration in
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Concern at banks sharing personal information with media ICO writes to banks around information held on customers ‘Farage’s experience shows why data protection rights are so important’ Following media reports of NatWest Bank sharing personal financial information about Nigel Farage with
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Cryptocurrency is deemed property capable of being held on trust, Judge Philip Jeyaretnam of the High Court of Singapore decided in a ruling on July 25. The Judge said he didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share
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A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. According to the Redditor, whose account is crudely named “Vaginosis-Psychosis,” they now have a total
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