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June 2024 marks a watershed change in crypto regulation, with the Markets in Crypto-Assets Regulation (MiCAR) going into effect across the European Union (EU). MiCAR is the first framework of its kind to regulate crypto assets, related activities, and services.MiCAR aims to establish more certainty within the often-volatile crypto market ...
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European Commission votes in favour of adopting the eIDAS revisionOn Thursday, 29 February, the European Commission (EC) voted in favour of revising the eIDAS regulation. eIDAS aims to facilitate a harmonised approach for digital identity across Europe through the European Digital Identity Wallet (EUDIW). The EUDIW is designed to offer bo...
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A wide variety of digital wallets have been introduced in recent years. They have varying degrees of functionality, ranging from making in-store payments and earning loyalty points, to entering restricted areas, logging in to online services (eID) and signing. Besides the existing digital wallets (e.g. Apple, Google), the European Co...
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INNOPAY research indicates that almost half of the world’s top 150 banks are now investigating services based on decentralised finance (DeFi). This reflects rising interest in exploring possible benefits of integrating DeFi innovations within traditional banking frameworks. The evolution is collectively propelled by factors such as improv...
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