Balancing fintech innovation and regulation in the crypto space

Balancing fintech innovation and regulation in the crypto space

SINGAPORE: With more than US$2 trillion in market value and an estimated 200 million users around the world, cryptocurrencies have come under the regulatory spotlight as they gain traction among investors. In Singapore, digital payment tokens have been issued to three entities, and more could be on the way. Digital payment token service includes the … Read more

Regulating Crypto Will Drive Innovation

Regulating Crypto Will Drive Innovation

Too much regulation can kill innovation, but so can too little regulation. That was the core message NYU professor and economist Hanna Halaburda had for PYMNTS’ Karen Webster when they discussed the cryptocurrency industry’s fight to influence the lawmakers and regulators that are now drafting the rules that will govern the future of digital assets … Read more

Refugee-led innovations during COVID-19: Best practices from 2020 NGO innovation award – World

Refugee-led innovations during COVID-19: Best practices from 2020 NGO innovation award - World

BACKGROUND In 2020, the UNHCR’s Non-Governmental Organizations (NGO) Innovation Award recognized the innovative solutions and responses to COVID-19 developed by refugee-led organisations (RLOs). COVID-19 has exacerbated risks, challenges and needs for refugees, internally displaced persons (IDPs), and stateless persons around the world. At the same time, the pandemic has spurred innovation and mobilized multifaceted responses … Read more

Crypto could be the ‘greatest innovation of our lifetime’ and other soaring predictions from JMP | Currency News | Financial and Business News

Bitcoin seen on display

Bitcoin. Rafael Henrique/SOPA Images/LightRocket via Getty Images JMP Securities believes the crypto economy and blockchain could be the “greatest innovation of our lifetime.” The crypto market continues the evolution toward automation, digitization, increased efficiency, and productivity, and analysts said it’s at a tipping point. They also compared blockchain technology to the internet and other hyper … Read more

Crypto and the metaverse lead tech innovation | Information Age

Crypto and the metaverse lead tech innovation | Information Age

Cryptocurrencies and the metaverse have been named among the disruptive technologies driving innovation and growth in coming years, according to the Activate Technology and Media 2022 Outlook. The report also identifed gaming and esports, streaming, NFTs and ecommerce as some of other technologies to watch over the next five years. Globally, Activate expects technology and … Read more

Protecting Security Without Crushing Innovation

Protecting Security Without Crushing Innovation

This is the year that digital currencies went mainstream. In the span of just three months last spring, China tested its first-ever digital currency in some of its largest cities, hackers breached a major U.S. oil pipeline and successfully demanded a ransom of more than $4 million in Bitcoin, cryptocurrencies surged to a record combined … Read more