With Coinbase Prime and Aladdin integration, Coinbase and BlackRock will create new access points for institutional crypto adoption.
For incumbents, changing existing financial infrastructure systems is like taking the engine out of the plane in mid-air.
A basis for Web3 is the pursuit of the decentralisation dream. As 2022 sees even more "DeFi" entities fall, is a dream all it will ever be?
On June 16, 2022, Circle Internet Financial Ltd announced the launch of its fully reserved euro-backed stablecoin.
Gov. DeSantis has said that Florida won't accept a CBDC, due to privacy and surveillance concerns. Stonewalling could be part of the problem.
Regulators have traditionally responded to bad actors in financial innovation by attacking the underlying technology versus those wielding it as a weapon.
I have had crypto investments since I first dabbled in bitcoin in 2015. Since then, I have expanded my investments...
Looking into the statistics of gambling is illuminating and depressing. The UK, where gambling is more widely accepted than in the US, sees rates of 40-60% across all adults according to 2016 research. Revenues for casinos are over $100 billion annually, and global gambling revenues, including sports betting and the national lotteries, amount to over $400 billion. That's like the equivalent of the entire software cloud industry. And it asymmetrically addicts and disadvantages the already disadvantaged (see academic research here, here, and here).
The DeFi regulatory landscape is experiencing a shift, and it seems, no-one is safe. Compliance is becoming ever more challenging.
Cryptocurrency offers e-commerce merchants some benefits, from ease to convenience to security.