Cryptocurrency - Long Reads, News, Articles & Research: Finextra

WallStreetBets founder Jaime Rogozinski talks institutional interest in cryptocurrency

Following the launch of WSBDApp’s exchange-traded portfolio (ETP), WallStreetBets (WSB) founder and strategic advisor to the WSBDApp, Jaime Rogozinski, announced that the decentralised application is launching its DeFi products onto the Bitcoin blockchain on the Money 20/20 stage in Las Vegas. The app will facilitate securities trading by working ...

03 November 2021 /crypto

Arvin Abraham Partner at Goodwin Procter

Demystifying DAOs

Decentralised Autonomous Organisations (DAOs) are organisations whose rules and governance (the parameters by which they operate and stakeholders interact) are encoded in a blockchain (i.e., in a computer program rather than set out in a typical paper based governance document such as a shareholder’s agreement). As these rules are set out in a blo...

04 October 2021 /crypto

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Paige McNamee

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Thanks to a wave of disgruntled customers and enthusiastic regulators, Binance has been garnering all the wrong types of attention over the past 24 months. Bloomberg reported in March that the firm was under investigation by the US Commodity Futures Trading Commission, with the regulator seeking to determine whether cryptocurrency derivatives were ...

16 August 2021 /crypto

Taming the crypto frontier and the global regulatory clamp down on Binance

Arvin Abraham Partner at Goodwin Procter

Taming the crypto frontier and the global regulatory clamp down on Binance

Within the crypto community, Binance is ubiquitous. It is the world’s largest cryptocurrency exchange with twenty-four hour trading volumes (at time of writing) of approximately $19.3 billion, dwarfing its competitors. By comparison, its US based rival Coinbase had trading volumes of approximately $2.7 billion during this period. Although undeniab...

09 August 2021 /crypto

The role of digital currencies in the new era of open finance

Yuval Ziv Managing Director, Digital Payments at Nuvei

The role of digital currencies in the new era of open finance

The open banking revolution has been fuelled by the needs of digital-savvy customers yearning for more sophisticated services than legacy banks could offer. Now, as open finance emerges as the next step in this journey of innovation, digital currencies are naturally set to play a significant role. There are plenty of indications that digital along...

05 July 2021 /crypto

The future of payments: Digital currencies for a digital future

Paige McNamee

The future of payments: Digital currencies for a digital future

While neither the ECB nor the Bank of England have outlined a final decision on pursuing a CBDC, the central banks are actively researching the digital currency proposition and public discourse tends to suggest that CBDC is inevitable in one form or another. In the US, regulators have historically been loudly critical of digital currencies, howeve...

25 June 2021 /crypto

Cryptocurrencies and the offshore world - a difficult marriage?

Sam Sturrock Group Partner at Collas Crill

Cryptocurrencies and the offshore world - a difficult marriage?

This piece was co-authored by Sophia Moustras and Sam Sturrock, Jersey Corporate Finance, Collas Crill. The constant evolution of Fintech and the rise of cryptocurrencies to ubiquity has resulted in offshore regulators and legal frameworks having to continuously adapt and keep pace with change in order to ensure that the integrity of their financia...

18 June 2021 /crypto

Hamish Monk Senior Reporter at Finextra

The real price of the bitcoin gold rush

With international focus on sustainability sharpening, the energy consumption of the world’s first ever popular virtual currency, bitcoin, is being put under the microscope. Its most vehement detractors argue bitcoin uses an unjustifiable amount of energy, and represents a thorn in the side of the wider green transition. Bitcoin’s advocates, on th...

13 May 2021 /crypto

The Next Futuristic Technology: What are NFTs?

Hamish Monk Senior Reporter at Finextra

The Next Futuristic Technology: What are NFTs?

Talk of non-fungible tokens is hard to avoid of late. But why all the fuss? What exactly are they, and what real-world applications do they have? Demystifying this brand-new cryptocurrency will be key to mainstreaming it and ensuring its long-term success. The next futuristic technology everyone is talking about are non-fungible tokens (NFTs). Th...

08 April 2021 /crypto

Why small jurisdictions are forging ahead with crypto regulations

Paige McNamee

Why small jurisdictions are forging ahead with crypto regulations

The world has crypto on the brain. From this year’s early Bitcoin skyrocket, stablecoins approved for banking payments by the OCC, Christine Lagarde and Janet Yellen’s public wariness of the assets, to the FCA’s outright warnings, it seems the market can’t stop trying to make sense of digital currency’s place in today’s and tomorrow’s world. W...

05 February 2021 /crypto

Will Yellen’s Treasury 'invest' in the future of digital currency?

Paige McNamee

Will Yellen’s Treasury 'invest' in the future of digital currency?

Having officially been appointed Treasury Secretary, the digital currency world has its gaze fixed on Janet Yellen to determine precisely what her strategy around cryptocurrency, stablecoins, and digital banking will be. During her confirmation hearing on 22 January, Yellen raised concerns around the use of cryptocurrencies, stating “cryptocurrenci...

27 January 2021 /crypto

The Bitcoin bull run: is it different this time?

Jamie Crawley

The Bitcoin bull run: is it different this time?

Bitcoin is the in the midst of a bull run which has seen it shatter its previous all-time high of December 2017. The cryptocurrency broke through the $20,000 barrier at the end of November and continued to rise through December and into the New Year, eventually hitting a peak of $41,500 on 8th January. A reminder of the inherent volatility of cryp...

21 January 2021 /crypto

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