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Europe Has Fallen Behind on Digital Payments, Lagarde Says

Europe Has Fallen Behind on Digital Payments, Lagarde Says

A European Central Bank (ECB) panel tasked with exploring a central bank digital currency (CBDC) is set to reveal its findings in the near future, followed by a public consultation, said ECB President Christine Lagarde. Speaking at the Deutsche Bundesbank’s conference on banking and payments in the digital world Thursday, Lagarde addressed the competition to …

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Crypto scammers see less revenue during coronavirus pandemic due to fallen prices: Chainalysis

Crypto scammers see less revenue during coronavirus pandemic due to fallen prices: Chainalysis

Cryptocurrency scammers may be taking advantage of coronavirus to invent new fraudulent narratives, but their profits have declined since the outbreak of the pandemic because of a drop in crypto market prices, according to blockchain analysis firm Chainalysis.  In an April 10 report by Chainalysis, researchers found that the coronavirus pandemic has triggered an increase in …

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