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5 | Follower
CoinGeek
25.12.2024
India's digital payments ecosystem flourished in 2024 with the growing popularity of UPI in daily transactions not just within the country but also outside its borders.
2024 remains a controversial year for the 'crypto' industry, with members of the Crypto Crime Cartel making headlines yet again, along with the rise of memecoins and Trump's return to the office.
ESMA released the final policy documents just two weeks before MiCA takes full effect, but it remains to be seen how many member states are ready for it.
While India has set no target date for a CBDC rollout, throughout 2024, the country explored its digital rupee extensively, bringing about numerous use cases that could help further grow its economy.
A lot has happened in the AI industry since 2022, with some believing AI has already reached its peak, but truth is, innovation in this sector is only beginning, and the world could see more in 2025.
2024 was full of highs and lows, with some disappointments and a steady stream of quiet victories. Significant things also happened this year, and they'll set the foundation for the years ahead.
Lawmakers in Ukraine are deliberating on a new proposal—which the IMF was involved in drafting—that would legalize and tax digital assets by early 2025.
24.12.2024
Stablecoin issuers in Hong Kong must obtain a license, segregate their reserves and hold them in local banks, and have a minimum capital of $3.2 million.
Blockchain isn't merely a tool to advance innovation; it could also foster trust and build dynamic work cultures through tokenized incentive systems, but workplaces must be wary of some challenges.
Recounting 2024, CoinGeek's Becky Liggero lists the greatest events she attended this year and how these conferences impacted how we foresee technology and the future.
The Philippines is not just adopting emerging technologies but reimagining them for a better, more connected future—so here's to 2025 and the next chapter of digital evolution.
Global Ledger estimates that since 2021, Ukrainian exchanges accounted for 2.5% of global ‘crypto’ traffic, made $1.12 billion, and should have paid $202 million in taxes.
On this CoinGeek Weekly Livestream episode, Tokenovate CEO Richard Baker shared his thoughts on how blockchain can create a smarter, more efficient financial world.
The Macau government has published its white paper for a retail e-pataca, with plans to connect it to mainland China and Hong Kong’s digital currencies.
Perplexity AI raised $500m in funding, while OpenAI adds new features allowing users to interact via voice and text messages in ChatGPT, and Apple Intelligence is under fire for its inaccuracies.
23.12.2024
The report by Consensys revealed that 3 in 4 Nigerians own and have owned digital assets and 99% have heard about them, while South Africa’s ownership stands at 68%.
The World Economic Forum published a report justifying the popularity of tokenization globally as financial institutions and enterprises launch projects that could get the process adopted mainstream.
21.12.2024
The United Kingdom is set to launch digital IDs, raising concerns about government surveillance, and while this innovation may cause worry, the right blockchain technology can address security fears.
Investors alleged that Nvidia downplayed its profits from selling chips to ‘crypto’ miners six years ago, and SCOTUS agrees that it should go to trial.
The FCA's paper tackles the future market abuse regime for cryptoassets and the digital asset admissions and disclosures regime, which it says are crucial in improving the market's integrity.
UNISOT revealed a new partnership with business intelligence and research firm PSU China, which will combine its data with UNISOT's tools like Smart Digital Twins and Digital Product Passports.
Embodying the big five personality traits could be beneficial for aspiring entrepreneurs, but Block Dojo shows that there is more to this to ensure success in the competitive startup market.
20.12.2024
Storynvalue.com is a new solution from Gate2Chain aimed at SMEs, making creating digital passports for products easier with improved traceability, thanks to blockchain.
Hong Kong's Legislative Council verifies the Financial Services and the Treasury strategy toward digital currencies, while South Korea's martial law has stalled digital asset reforms.
Citizens of Dagestan could not access any Internet resources located outside Russia for 24 hours; days later, Russia banned messaging app Viber permanently.
On December 12, the BSV network processed 90,838,281 transactions in a single day—a record-breaking high point for the network, which has seen 10 straight days of over 65 million transactions each.
Bank Indonesia finalized the PoC for the digital rupiah; meanwhile, Société Générale and Banque de France concluded a blockchain repo transaction, the first involving a Eurosystem bank regulator.
Paraguay’s grid operator is clamping down on the rising electricity losses, which have hit 28.5%, and illegal block reward miners are among its first targets.
Trump's dual promises—to impose punishing tariffs on Chinese imports while making America "the crypto capital of the planet"—are about to collide with massive changes for the digital asset industry.
19.12.2024
The Philippines' financial ecosystem is set for a major transformation following the conclusion of Project Agila, a move that puts the country a step closer to launching a wholesale CBDC.
Nayib Bukele’s government has agreed to walk back its pro-BTC stance to secure a $1.3 billion IMF loan, saying that BTC would be voluntary and would embrace fiscal reforms.
In 2024, key trends in the blockchain space include global authorities focusing on regulating stablecoins, block reward mining, and enforcing rules for digital assets.
The use of blockchain in the Philippines is gaining significant traction with its first blockchain-powered fleet, providing community empowerment and added incentives for ride-hailing drivers.
Ripple says choosing NYDFS for its newly minted RLUSD will help increase the token's acceptance. Elsewhere, Tether continues to look for relevance in the EU amid USDT's inaccessibility in the region.
It would take more than mere popularity before corporations invest in BTC, as shown in Microsoft's rejection of a Bitcoin proposal and Amazon's reluctance to consider BTC in diversifying its assets.
RBI's outgoing governor, Shaktikanta Das, sees that CBDC will likely become the future of money, while his successor looks at how technology can reduce costs and drive financial inclusion.
18.12.2024
The legislator urged the finance minister to explore the feasibility of a BTC reserve, noting that ‘crypto’ remains Russia’s only option following sanctions.
OpenAI launched "Sora Turbo," while Google officially announced Gemini 2.0, which it claims will usher in a new era of "agentic" AI. Additionally, X expanded access to its AI chatbot, Grok.
BiT Global claims that Coinbase's delisting of wBTC was a move to ensure that the exchange will remain a dominant player in the U.S. exchange market and keep profits for itself in the long run.
The U.K. Prudential Regulation Authority requested businesses to take into account any current and future plans of digital asset exposure up to September 30, 2029.