Innovative technologies will contribute to significant savings by improving the efficiency of supply chains, according to representatives of the World Economic Forum.
The pages of the largest cryptocurrency platforms have been hacked on the Twitter social network. The victims of criminals, in particular, were such crypto exchanges as Binance, Coinbase, Gemini, KuCoin, Gate.io, Bitfinex, OKEx, CoinDesk portal.
The world’s largest payments company, PayPal, said it will expand its digital tools experience. This information is contained in a letter sent to the European Commission, notes The Block.
The Bank of England is considering issuing a national digital asset. This was stated by the head of the regulator, Andrew Bailey, speaking to students on Monday.
Developers from Singapore have developed a blockchain network that will allow for faster and cheaper international settlements. For this purpose, the Monetary Authority of the country entered into a partnership with the local investment company Temasek and the largest banking holding J.P. Morgan Chase Co.
Representatives of the G20 countries have begun work on the creation of a regulatory framework that will subsequently allow the legal payment of digital payments along with the use of fiat funds.
The United States Derivatives Exchange Commission (CFTC) will develop cryptocurrency regulation standards, according to the regulator’s strategy for the next four years. In particular, a legal framework will be created to promote innovative tools.
89% of digital tool holders are concerned about what will happen to their virtual accumulations after death. Such data are presented in a study by the US Cremation Institute, which involved 1,150 residents.
Chinese taxi aggregator DiDi said it will test the digital yuan on its passengers. This will be possible thanks to cooperation with the Research Institute, a division of the country’s main financial regulator.
The Financial Anti-Money Laundering Measures Development Group (FATF) will hold a meeting with representatives of the Big Twenty (G20) in October, the main theme of which will be the issue of tightening the regulation of the crypto industry.