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FinancePreventing Fraud Amidst the Great Payments Disruption
TradingA Pivotal Moment for the Future of Crypto-Asset Payments in the UK
Top StoriesUkraine War Drives De Beers to Step up Diamond Traceability Efforts
TechnologyRevolutionising Healthcare With Blockchain
Gucci Jumps on the Crypto Bandwagon With U.S. Project
Date: May 5, 2022
(Reuters) – Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some U.S. stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci’s flagship stores, including Rodeo Drive in Los Angeles and Wooster...
Square Enix to Sell ‘Tomb Raider’ to Sweden’s Embracer
Date: May 2, 2022
By Sam Nussey TOKYO (Reuters) -Japanese gaming company Square Enix will reduce its developer presence in the West with the sale of the studios behind franchises “Tomb Raider”, “Deux Ex” and “Thief” to Sweden’s Embracer Group for $300 million. The latest of a series of deals in the video games industry, the sale announced on...
Could Putin Be Exploring Crypto to Bypass Western Sanctions and Does This Count Against the Long-Term Prospects of Crypto?
Date: April 27, 2022
By Henry Chambers, Senior Director, Disputes and Investigations at Alvarez & Marsal A great deal of debate has been taking place over the last few weeks as to whether Russian companies and individuals could use cryptocurrencies, such as bitcoin, as an alternative currency for transacting with and, indeed, whether this could bypass the western sanctions...
Crypto Firms Seek Clearer U.S. Rules on Their Interest-Bearing Products
Date: April 27, 2022
By Hannah Lang (Reuters) – Cryptocurrency companies said they remain unsure of U.S. regulations governing products that allow customers to earn interest on holdings instead of trading them, months after such an interest-bearing product drew a $100 million fine from a federal regulator and state governments. In February, New Jersey crypto company BlockFi agreed to...
“The Irresistible Rise of Digital Assets – How Consumer Demand Is Driving Crypto”
Date: April 26, 2022
By Manuel Silva Martinez, General Partner at Mouro Capital Like every other groundbreaking idea in fintech, the public’s enthusiastic embrace of digital assets has been a classic question of the chicken and the egg. What came first, new technology or customer demand for it? The answer is probably a bit of both. Customer habits have...
German-Funded Consortium to Develop ‘battery Passport’ for Europe
Date: April 25, 2022
By Victoria Waldersee BERLIN (Reuters) – A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF, is to develop a “battery passport” that traces the content and carbon footprint of batteries in Europe, Germany’s economy ministry said on Monday. The consortium of 11 partners has received 8.2 million euros ($8.78 million) of...