European Union is open to crypto, Commissioner says
    20 Feb 2022
    450 Views

    EU Commissioner for Home Affairs said that the European Union is open to digital assets but with fraud-preventing regulation. Regulation and cybercrime in the crypto industry sparked the discussion around crypto at the Munich Security Conference 2022. The commissioner spoke at the Munich Security Conference on February 18, 2022, attended by the CEO of FTX,…

    Can crypto-assets be a threat to financial stability?
    20 Feb 2022
    502 Views

    In a recent interesting report, the Financial Stability Board argues that cryptocurrency markets are evolving at a rate that could pose a threat to global financial stability, writes Nikolaos Akkizidis from LegacyFX. The three main reasons for this assessment are: Their scale. Their structural vulnerabilities. The increasing interconnectedness with the traditional financial system. Also, the…

    Crypto on the verge of mass adoption. Part 2
    20 Feb 2022
    477 Views

    The ongoing “crypto winter” (sort of) may surprisingly coincide with a major tide of cryptocurrency mass adoption. There is no contradiction, only laws of economics and the understanding that inflation can no longer be solved by simply halting the money printers. The financial business is already anticipating a surge in the mass adoption of cryptocurrencies….