Deloitte survey: Most executives see the inevitable transition to digital assets

    Deloitte, one of the Big Four, surveyed financial leaders as part of its 2021 Global Blockchain Survey, with the results suggesting a transition to digital assets is inevitable. Cybersecurity, regulation, and privacy are seen as the biggest obstacles to the global adoption of digital assets, according to a survey. Of 1,280 executives surveyed across Asia,…

    Reserve Bank of India to start CBDC pilot in December

    The Reserve Bank of India has announced its first digital currency trials may launch yet in December 2021. RBI governor said that central bank digital currency (CBDC) was being discussed for a while now, and the authorities remained cautious regarding its scale. Speaking on Thursday, the central bank governor Shaktikanta Das told CNBC that the…

    Crypto Trends Weekly 21 – 27 Aug.

    Breaking crypto news from the last week (21 – 27 Aug.2021): 21 Aug.: World’s biggest cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) and anti-money-laundering (AML) policy. Binance will limit services for existing users unless they adhere to the new requirements. 22 Aug.:…

    Dubai’s PEAKDEFI token added 68% overnight

    Dubai-based token PEAKDEFI (PEAK) has raised on Thursday at 68% for 24 hours. Now, it’s trading above $0.55, ranked at position 249 with a market cap of $286,608,797. PEAKDEFI started a monster rally on Aug. 22 but ran into some volatility as some investors appear to have fixed their profit. However, on Thursday, the coin…

    Cardano creator responds to criticism over new AML/CFT partnership

    Weiss Crypto Ratings recently bashed Cardano for the Cardano Foundation’s partnership with Coinfirm, saying that the move is disappointing and lead to Cardano’s death. Charles Hoskinson replied to the criticism by claiming that the move will bring clarity for the users. As reported, Cardano Foundation recently teamed up with a well-known provider of AML data,…

    TikTok bans crypto content, while influencers seek other platforms

    After TikTok changed its policies, many TikTok cryptocurrency content creators, who claim they are trying to educate consumers, say their posts are getting censored and taken down for violating community guidelines on TikTok. Some crypto influencers are considering moving to rival platforms. As CNBC reported, at least 11 creators, who have posted educational crypto videos,…