The multi-party computation wallet solutions provider has joined hands with the Israeli blockchain security company to address Web3 security challenges through safer private key management.
The metaverse is challenging user perception of materiality, digitalising elements of the physical realm and unlocking new economic values. Companies and policymakers are each fighting to establish ground rules across it, but so far its exact definition remains obscure.
Bybit co-founder and CEO, Ben Zhou, shares his thoughts with FinanceAsia on the mass adoption of digital assets, crypto’s changing regulatory landscape, and market volatility.
Cryptocurrencies have experienced a collapse in 2022, but regulation maturity and greater technological familiarity is supporting an upbeat outlook for decentralised technologies – despite the market price for digital tokens.
A White House executive order to lay out a national policy for digital assets should help boost credibility for cryptocurrencies, but concerns that decentralised finance technology can help evade sanctions still lingers for policymakers and investors.
The Singapore-based decentralised crypto exchange has launched a sustainability initiative to foster financial inclusion in India. And, on the back of government acknowledgement of crypto as a digital asset, the Bybit team is exploring further opportunities in the market.
Greater familiarity, institutional support, and budding public interest for cryptocurrencies suggest that 2022 could be a banner year for digital assets. Will encouraging momentum continue, or will new virtual money eventually be faced with old money problems?