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Bakkt Predicting Sky-high Growth for ‘USD 3 Trillion’ Crypto Sector


Source: Adobe/あんころもち(ankomando) Bakkt, the US-based crypto platform, owned by the Intercontinental Exchange Inc., is forecasting high rates of growth in the crypto industry over the next few years, as well as growth in associated industries, factors that may have influenced its...

Crypto M&A Growth Shows How Fast Sector Is Maturing


Source: Adobe/o_du_van A new report has concluded that increased M&A activity this year could prove just how quickly the crypto industry has matured – and how rapidly mainstream companies are becoming infatuated with this fledgling business sector. These were the findings of a review...

Expert: Defi Could Be a Common Term in the Financial Industry in 2021


The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says...

ECB: Private Sector Can Help with ‘Intensifying’ Digital Euro Project


The European Central Bank (ECB) has once again opened the door to some form of private-sector collaboration as it “intensifies” its work on the digital euro – a central bank digital currency (CBDC) for Eurozone nations. Per an official release, the ECB, the bank’s Governing Council has declared...

BIS Indicates CBDC Issuance May Hinge on Private Sector Collaboration


The Bank for International Settlements (BIS) said that central bank digital currencies (CBDCs) issuance will only prove a success if the private and public sectors work together – as it pushes closer to real-world digital currency testing. In a new report shared with Cryptonews.com, the...

KP2R Network: A Decentralized Marketplace for Developers


PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including...

Aleph.im Partners with RioDefi to Strengthen the DeFi Sector


Hailed as a highly-acclaimed name in the decentralized sphere, Aleph.im Network is all set to expand its cluster by entering into a strategic partnership with RioDefi, a trusted crosschain DeFi portal leveraging services for DeFi users. The integrating parties will put in their joint efforts...

South Africa Unveils New Crypto Rules as Usage Soars Exponentially


The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...

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