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One of these financial institutions is the global payment giant SWIFT, which acknowledged at the start of July that “digital assets are a key topic on the innovation agenda, as many leading forces in the industry know,” when announcing its SWIFT Hackathon 2022. The event will be a continuation of its objective to collaborate with leaders in the fintech industry to address the most difficult technology problems that arise in the development of the digital economy....

In particular, the company filed two metaverse trademarks on October 22, with plans to manage digital and cryptocurrency transactions, cryptocurrency wallets, non-fungible tokens (NFTs), and digital currency, among others. The trademark filed before the United States Patent and Trademark Office (USPTO) was revealed by licensed trademark attorney Michael Kondoudis in a tweet on October 27. Furthermore, if the application is approved, Visa will also offer software for managing digital transactions and auditing cryptocurrencies....

The document, which can be seen on the official website of the Peruvian legislature, covers various important facets of the country’s growing ecosystem. Furthermore, the project, which is formally known as the “Framework Law for the Commercialization of Cryptoassets,” was introduced by Podemos Peru parliamentarian José Elías Ávalos. According to the politician, the bill’s purpose is to regulate organizations that provide cryptocurrency services, such as Bitcoin exchanges and digital wallets, among other things....

Das, who was giving a speech at the Global Fintech Festival in Mumbai, said that technology, innovation, and fintech are working in tandem and adding to the fervor of this industry while stating the RBI would start issuing digital rupees, also known as Central Bank Digital Currency (CBDC), during the current fiscal year. He added: India’s central bank to encourage tech innovation According to Das, the central bank will continue to encourage technological innovation, but in addition to that, it will work to improve consumer safety, cybersecurity, and resilience, as well as maintain financial stability....

On July 19, it emerged the investment management company SkyBridge Capital, which Anthony Scaramucci runs, has temporarily halted withdrawals from one of its funds that has exposure to cryptocurrency assets such as Bitcoin (BTC) and Ethereum (ETH). Speaking with CNBC’s Squawk Box, Scaramucci revealed Legion Strategies is the name of the fund that was impacted by this decision, which came about as a result of a precipitous fall in the prices of the stocks and cryptocurrencies owned by the fund: He added:...

Between January 28 and February 3, 2022, SHIB lost 4,223 holding addresses from 1,161,661 to 1,157,438, data provided by CoinMarketCap indicates. The drop ended SHIB’s almost three-month new holders gaining streak that began in November. Between November 16, 2021, and January 27, 2022, SHIB added 192,790 holders, a growth of over 16%. The users have been growing consistently with SHIB’s record surge in value, resulting in the coin to rank among the top cryptocurrencies based on market capitalization....

Now, premarket quotes show Silvergate stock down at -$8.65 (-39.41%), with SI briefly touching a premarket low of $11.6. Notably, the stock was trading at $21.95 at the market closing on Wednesday, January 4, rallying as much as 27% but the latest news has had a significant influence on the stock. According to an early release of certain quarterly figures by the bank, cryptocurrency-related deposits dropped by 68% during the last quarter....

Indeed, Santander is going to hold an awards ceremony in the Decentraland metaverse on July 14 for its ‘Santander X Global Challenge | Blockchain,’ the bank said in the announcement on its website on July 7. Specifically, the ceremony is the conclusion of the competition run in partnership with Oxentia Foundation, which saw a total of about 400 entries. The deadline for the applications was June 9, 2022, after which the jury of international experts narrowed down the list to 20 finalists....

US stock futures rallied following a report that said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The California headquartered firm is a biotechnology company that researches develops and commercializes drugs. Its primary focus is on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza. Coronavirus Drug Success Hopes CNN reported that patients receiving an experimental drug called ‘Remdesivir’ have been recovering quickly, with most returning to their homes in days....

Major indices in the U.S. hit record highs this week on the news that Fed Chairman Jerome Powell stated that the central bank has formally agreed to a policy of ‘average inflation targeting’ which allows inflation to run ‘moderately’ above its 2% goal for some time. Record high for stock markets The Dow gained 160.35 points, or 0.6%, to close at 28,492.27 on Thursday while the S&P 500 posted another record high for the fifth day above 3500 points....

In an interview with CNBC’s Squawk Box, Novogratz expressed his thoughts on the present situation of the cryptocurrency sector, which is now experiencing a bearish sentiment in the market. When asked what he thinks would happen to Bitcoin in the future, the investor said that cryptocurrency would continue to be associated with the Nasdaq stock market index. Examining where Bitcoin will be three to four years from now, and determining if this might be one of the greatest purchasing chances of all time, or whether it is better to hang onto cash since the buying opportunity is still a few years away....

Indeed, a report by the United States Government Accountability Office (GAO) stated registration rules for crypto ATMs should be tightened, with the kiosks being blamed for an upsurge in incidences of trafficking operations. In the analysis issued on January 10, the group, which offers accounting and investigative services to the US Congress, found a correlation between the usage of cryptocurrency payments to aid illegal human and drug trafficking to crypto ATMs....

The bill, which is expected to be presented on Tuesday, will clarify various elements of crypto regulations alongside identifying the correct classification of digital assets, Politico reported on June 6. Senator Lummis confirmed the bill’s readiness through her Twitter account on June 3 while noting that if integrated into law, cryptocurrencies will formally become part of the financial system. Crypto bill sparks lobbying efforts Notably, Lummis and her co-sponsor, New York senator Kirsten Gillibrand have been teasing about the bill for months through various events and media appearances....

In a statement shared with Finbold.com, Stacey West, principal consultant for FICO® Advisors, explained: According to FICO’s principal consultant, the upcoming April’s data will show whether the easing of lockdown has an impact – and what sort of financial pressure that might create: Spend on UK cards decreased along with the percentage of payments The average spend on UK credit cards fell by £33 to £547 in February 2021, with sales 16 percent lower than a year ago....

In particular, across 2021, venture capitalist investment in blockchain technology soared by over 600% to $14.8 billion from $2.1 billion recorded in 2020, data by GlobalData indicates. The VC activity was mainly concentrated in North America at $6.8 billion followed by Latin America at $3.4 billion while Europe ranked third at $3 billion. Elsewhere, Asia-Pacific venture capitalists invested $1.6 billion into the sector while the Middle East had $0.44 billion....

About Venus Venus Protocol (Venus) is an algorithmic-based money market system built to introduce comprehensive decentralized finance (DeFi) based lending and a credit system to the Binance Smart Chain (BSC). Whatsmore, Venus’s decentralized marketplace for lenders and borrowers enables borderless stablecoins with immutable money-market protocol directly on-chain. The money market and synthetic stablecoin ​platform were developed by Swipe Wallet in 2021. Although it is built exclusively on the Binance Smart Chain, the protocol’s design is based on Compound and MarkerDAO, which are integrated into the Venus platform, delivering both systems’ advantages....

Still, some may be confused by what this feature means. For instance, you may also see the status as ‘Active today’ or ‘Active 5m ago.’ What is the difference between these? In this article, we will cover these statuses in detail and clear out your misunderstandings once and for all. What Does the “Active now” Status On Instagram Actually Mean? You can only see the activity status on Instagram Direct— similar to Facebook Messenger....

This one might be a little complicated, but we will break it down in an instant. There is so much to learn about this acronym. Keep reading to know the deeper meaning of ‘AS,’ how to use it, its replies, and other possible meanings. What Is ‘AS’? ‘AS‘ is the short form for ‘Adult Swim.’ You will spot it on TikTok videos or hashtags. It means that the content shared pays homage or is attributed to the authentic Adult Swim bumps and bumpers....

The platform has a lot of acronyms and abbreviations that users commonly use. One of these acronyms is “BTG”, which many users don’t know, making users ask what “BTG” means on Facebook. Well, “BTG” is slang with no direct origin and can mean many things. The meaning you will associate with the slang depends on the context in which users use it. This means that before you associate any meaning to “BTG” on Facebook, you must read between the lines....

Many users are unfamiliar with what the symbols mean on iMessage and how they can use it. If you are one of such individuals, you have come to the right place. The many expressions on iMessage may make you think you are dumb. Thankfully, this guide has explained what emphasize means on iMessage and how to use it to respond to a person. What Does Emphasize Mean on iMessage? Emphasize is one of iPhone users’ expressions to reply to given texts....