Title around crypto wallets could dismantle the concerns of individuals who are not getting involved in crypto because of fears regarding security. This development could, therefore, potentially mean a larger base of crypto users.
Liti Capital’s case against Binance will be a landmark for the industry. Many believe that sound regulation is required to ensure that exchanges like Binance are overseen in a sensible way, and that their clients are properly protected.
“We should not have any more than the barest minimum of regulation, but the trillion dollar or $100 billion companies that take our money for profit have a responsibility to their consumers. There has to be rules. There has to be regulations. There has to be some way where, if something goes wrong, you can hold someone accountable."
Usually, we would expect increased inflation to drive up the price of gold. Gold is, after all, traditionally considered to be a hedge against inflation.
When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies.
Although Amazon has scores of openings for blockchain specialists, it was the listing for a digital currency and blockchain product lead that has led to heightened speculation that crypto currency payments could be integrated on its platforms.
We continue to see significant interest in a range of digital assets from both retail and institutional customers, with Ethereum continuing to grow in popularity and cementing its position as the second largest cryptocurrency by market capitalisation.
Bitcoin is highly volatile, and can move sharply in value in response to a short tweet from an influential user. Hanke calls it a “highly speculative asset with a fundamental value of zero.” The bitcoin community, he adds, behaves like a “religious movement” which might hold the price up in the short term.
Interested to learn more on the topic, explore different crypto-based solutions and network in person with other FinTechers?
Join FinTech-Aviv, the Israeli FinTech Association in the upcoming celebration of Binance 4th Bday, themed The Payment Revolution in the Age of Crypto
Fraser shared her policy regarding cryptocurrency before the U.S. Senate Banking Committee last month. She shared how her company was taking a ‘measured approach’ to cryptocurrency as the bank sought “to understand changes in the digital asset space and the use of distributed ledger technology, including demand and interest by our clients, regulatory developments and technology advancements.”
Jon had been watching CryptosRUs on YouTube again. He had spent hours following what users had been posting and commenting in Bitcoin & Crypto groups on Facebook.
Like each year, people interested in Fintech from all over the world tuned into the Fintech-Aviv Annual Summit. 30% of them from North America, 25% of them from Western Europe, 15% from Central Eastern Europe, 14% of them from the UK and 10% from Asia.
The financial services and platform industry is beginning to understand the true value and potentially seismic impact of blockchain technology to generate new revenue, improve end-user experience, increase speed of transactions and build the trust of customers.
Where now for #bitcoin? It is widely accepted. A crypto exchange or 'Crypto company' has been listed. Institutional investors and central banks are increasingly adopting it. So where is the problem?
It is a matter of ‘when’, and no longer ‘if’, banks completely adopt crypto trading, and are accepted into the wider crypto eco-system. You can be pretty sure that when the time comes, Citi will work with companies like BlockFi and exchanges like Uniswap.