Are European Central Banks too slow on the CBDC track? Let's hear what the governors say. Also, in this roundup, the U.S. commercial banks fighting actively for their share of the crypto custody markets and even developing their own digital asset network.
Elliptic argues that AI-based analytics — when combined with the transparency of blockchains — mean cryptocurrencies are "far from being a haven for criminals."
Pakistan believes a central bank digital currency could support victims of family abuse — and Mastercard's reaping rewards after embracing tokenization.
While the population is "digitally savvy," data within the study suggests that encouraging consumers to switch to a CBDC may be an uphill struggle. Just 40% of payments in the Middle East and Central Asia were made digitally in 2021.
We are in the middle of the “Build Your Own Layer 2” trend. Worldcoin, Sony, and crypto exchanges are making a lot of noise about decentralization and innovation being primary motives. But read between the lines, and fees are a big factor too.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
