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Metaverse to place new demands on payment services - BIS

Finextra

The metaverse could place new demands on payment services that may be better met by central bank digital currencies and retail faster payment systems than by crypto, according to a Bank for International Settlements report.

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Fear of the Unknown: Web3 Tech and the Metaverse Can Break Down Barriers to Digital Asset Adoption

The Fintech Times

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. In this case, those pioneers are working on web3 and metaverse applications.

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What ChatGPT Got Wrong about Top 5 Fintech Trends of 2024

Finovate

Metaverse Finance : With the growing popularity of the metaverse, fintech might explore virtual currencies, digital assets, and decentralized finance (DeFi) solutions tailored for this space. Metaverse finance ChatGPT was wrong. Compliance and adapting to regulatory changes will remain crucial.

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May at The Fintech Times: Digital Assets

The Fintech Times

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. Anticipate what needs to happen in order for Bitcoin to break its all-time record again.

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Navigating the Future: 5 Digital Payment Trends in 2024

Segpay

Source: Trimplement.com The Metaverse: Digital Transactions in a Virtual World The Metaverse , a virtual reality space where users interact with computer-generated environments and other users, is not just a realm for gaming and socializing – it’s becoming a hub changing how consumers shop and pay.

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5 Top Fintech Trends Shaping the APAC Region in 2024

Fintech News

In contrast to recent tech fads like NFTs and the metaverse, the focus on AI and ML is well-justified. Traditional financial institutions are showing a growing interest in digital currencies, a trend driven by market dynamics and technological advancements. billion by 2027.

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As China mulls ICOs, blockchain leaders turn to Russia

Payments Source

China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.