Crypto-news

According to a new report from Allied Market Research, the cryptocurrency asset-management market will grow to $9.4 billion by 2030, growing by 30% a year, while it was just $670 million in 2020. By the study, the global crypto asset management market garnered $0.67 billion in 2020 and is expected to garner $9.36 billion by…

Jack Butcher, a creator of Visualize Value, an online courses platform, launched the “Care Package” project, which enables crypto and NFTs to play a new role in charitable giving for Afghani citizens in particular. With the rising conflict throughout Afghanistan, Jack sought out NFTs as a way to help those in need. The United Nations…

A fundamentally new banking system structure may emerge sooner rather than later: the one where fiat and stablecoins, CBDC and “classical” cryptocurrencies are used on equal terms. And DeFi will compete directly and on a level playing field with centralized banking services. To understand how the banking system will change, let’s delve a little deeper…

Fitch Ratings said in a note on Monday that El Salvador’s move to embrace Bitcoin as legal tender poses a serious risk to its local insurance companies. As Fitch said, Salvadoran insurers will be under pressure to quickly convert Bitcoin to dollars to avoid price risk; otherwise, they could face steep losses. In June, Salvadoran…

Launched in the UAE, the 6-part online course in crypto aims to help young students understand the power of the crypto market, Khaleej Times reported. The program covers subjects from the history of money to how to create one’s own non-fungible token. Carfax Education, a UAE-based global education group, has created an innovative course for…

The Circle company, known as the issuer of the USDC stablecoin, is set to become a US national commercial bank – a digital bank that combines crypto and fiat payments. This is yet another way the cryptocurrency industry is invading traditional banking. We have only just written about how crypto exchanges are becoming competitors of…