Finnish company Membrane Finance has released EUROe, the first EU-regulated stablecoin backed entirely by the euro. According to Membrane Finance, each EUROe token would be backed by “at least one euro fiat in a European financial institution or bank”. The company claims that the new stablecoin will allow for "near instant payments" at a cost close to zero, in contrast to the high cost and slow speeds of traditional finance.

SOURCE: Thecryptogateway

READ ABOUT THE LAUNCH OF GOVERNANCE TOKEN SHADES… 

Blockchain is not just a new way of making money, but it could be also a new model to make charity. On the occasion of the final conference of the Blockchain & Distributed Ledger Observatory, Save The Children was selected by Digital Innovation Observatories among the beneficiaries of a demo on the functioning of onchain voting in a DAO. This demonstrated the potential of blockchain technology and a possible application in the field of charity.

During the event funds was raised in stablecoins among t Partners and Sponsors and this given the opportunity to all event participants to scan a QR Code and redeem an #NFT ERC-721 on Polygon network. The token gave the possibility to take part in the last phase of the demo which consisted of a vote that took place during the event. In fact, the participants were able to vote on the charity to which to allocate the funds in cryptocurrencies. The smart contract allocated a third of the funds raised to the entity with the highest number of preferences and divided the remainder among the other entities.

SOURCE: Savethechildren

In the previous weeks US regulators have issued their first ever joint warning to banks over the risks associated with the cryptocurrency market. Now that Solana-based NFT AMM hadeswap announced the release of its governance token $HADES, can this new token make really a difference? Users can now trade $HADES on several DEXes on Solana, including Jupiter Exchange, Orca and Raydium.

Despite the advantages created by the blockchain, banks have to decide to be part or not a new way of doing business that requires new technology. Banks must ensure they are looking into all of the efficiencies blockchain can bring. For consumers, the banks that are delivering on this are the ones that are going to bring the most seamless customer experience.

SOURCE: TokenInsight, FIS

READ ABOUT IRAN AND RUSSIA: A NEW STABLECOIN…

For the second time digital currency exchange Kraken will close down its operations in Japan. The announcement was on a official blogpost and by next month the operations will be closed.

In the post Kraken said it would cease crypto trading services through its Japanese subsidiary, Payward Asia, and deregister from Japan’s Financial Services Agency on Jan. 31, 2023.

The first time Kraken took the same decision was in 2018, when it closed four years after initially establishing operations in 2014. It relaunched in the country in 2020 after securing registration from the regulator. The reasons is “part of Kraken’s efforts to prioritize resources and investments in those areas that align with our strategy and will best position Kraken for long term success.”

SOURCE: CNBC

READ ABOUT ISRAELI’S CRYPTOS IN BLACKLIST…

Ilaria Vanni interviews the life coach Meredyth Willits from Chicago. Willits explains how our human realtionship can change after the metaverse entered our lives. Meredyth Willits has also a personal and amusing story about cryptocurrencies!

ROME - Fiat Metaverse Store, with digital car purchase, becomes real. Is now possible to explore and buy the New 500 La Prima by Bocelli from your smartphone. The technology launched by Fiat is the first of its kind to fuel an end-to-end sales experience in the metaverse, revolutionizing the brand's entire customer experience. In the Metaverse Store there is a real link to the Product Genius of Fiat, a real person who answers any customer question in real time. Visitors and customers will be able to explore and purchase the New 500 La Prima by Bocelli from the comfort of their homes, thanks to a human-assisted, instantaneous, realistic and stress-free process. By the first half of 2023, many oder models will be avaible into the metaverse. Starting from Italy, this revolutionary 'journey' will also be available in other markets.

In the virtual store it is possible to ask questions about electric mobility, the methods of recharging and the contents of the New 500. The customer will be able to closely observe the operation of the Infotainment, the different driving modes or the electric charging of the car or customize the model by choosing its bodywork, colour, interior and any other desired feature, literally seeing the car change in real time.

SOURCE: ANSA

NEW YORK - The analyst has been monitoring the metaverse in the e-commerce market during 2023-2022: it is poised to grow by $85885. 22 mn.

The analysis has been annouced by Reportlinker.com with the release of the report "Global Metaverse in E-commerce Market 2023-2027" - https://www.reportlinker.com/p06279766/?utm_source=GNW
The report on the metaverse in the e-commerce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of AR technology, the growing e-commerce industry, and product discovery and personalization.

This datas present a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers.

Read the full report: https://www.reportlinker.com/p06279766/?utm_source=GNW





SOURCE: Yahoo Finance

WASHINGTON DC - A long-running criminal investigation into the world's largest cryptocurrency exchange Binance has come to a point, Reuters reports. From the report:The investigation began in 2018 and is focused on Binance's compliance with U.S. anti-money laundering laws and sanctions, these people said. Some of the at least half dozen federal prosecutors involved in the case believe the evidence already gathered justifies moving aggressively against the exchange and filing criminal charges against individual executives including founder Changpeng Zhao, said two of the sources. Others have argued taking time to review more evidence, the sources said.

Reuters says that some criminal orgnaisations in Russia and Nord U.S. expolited the online account creation function to make nameless money transfers.

The inquiry involves prosecutors at three Justice Department offices: the Money Laundering and Asset Recovery Section, known as MLARS, the U.S. Attorney's Office for the Western District of Washington in Seattle and the National Cryptocurrency Enforcement Team. Justice Department regulations say that money laundering charges against a financial institution must be approved by the MLARS chief. Leaders from the other two offices, along with higher-level DOJ officials, would likely also have to sign off on any action against Binance
.

SOURCE: Reuters

READ ABOUT THE BLACK ROCK’S CEO WORDS DESPITE FTX FAILED… 

Ilaria Vanni and Chiara Chiommino interview's with the italian lawyer Carlo Alberto Micheli. Micheli works as economic consultant for companies and professionists in the world of cryptocurrencies. Italy is waiting on a new law about cryptocurrencies but it has not a bad position all over Europe for crypto regulations. We talked about his career and asked him goos advices about the top investiments.

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