Month: July 2022

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UK financial watchdog exec hints at importance of international collaboration on crypto regulation

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The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies.  In a speech for the Peterson Institute for International Economics on Thursday, FCA chief executive Nikhil Rathi said the U.S. and the U.K. will “deepen ties” on crypto regulation following discussions among regulators at the Financial Innovation Partnership on June 29. In addition, its government has coordinated with the U.S. and Singapore to launch an International Organization…

When Will The Extended Stretch Of Extreme Fear In Crypto End?

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Data shows the crypto market almost escaped from the extreme fear territory earlier in the week, but the sentiment has once again slumped down during the last few days. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” As per the latest weekly report from Arcane Research, the current streak of extreme fear, which happens to be the longest ever, couldn’t be broken this week. The “fear and greed index” is an indicator that measures the general investor sentiment in the crypto market. The metric uses a numeric…

Itaú, el banco privado más grande de Brasil, lanzará una plataforma de tokenización

CryptoX – Cryptocurrency Analysis and News Portal Esta semana, PicPay, una app digital de pagos basada en Brasil con más de 30 millones de usuarios, anunció que planea lanzar un exchange cripto y una stablecoin vinculada al real brasilero este año. En mayo, Nubank, el banco digital más grande de Brasil por valor de mercado, agregó la opción para clientes de comprar y vender bitcoin y ether en su plataforma. Source The post Itaú, el banco privado más grande de Brasil, lanzará una plataforma de tokenización appeared first on CryptoX.…

How Web3 Will Aid in a New Era of Credential Data Ownership and User Empowerment

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The first thing that comes to mind when thinking of Web3 might be the likes of NFTs, the metaverse or blockchain technology. Although all of these concepts do fall under the umbrella that is Web3, additional features such as credential data networks also fit into the picture, which play an integral part in the progression of Web3. Back to Basics The current structure of the internet (as we know it today), often labelled as Web2, allows for user-generated content to be posted on a number of different channels. As opposed…