Blockchain
Moody’s partners Elliptic for crypto VASP screening
Moody’s, known for its credit ratings and extensive financial services, has expanded its involvement in the digital asset sector by partnering with Elliptic, a leading digital asset analytics firm. This collaboration marks a significant step in enhancing the risk assessment capabilities for Virtual Asset Service Providers (VASPs) by integrating both on-chain and off-chain data.
Key Aspects of the Partnership
1. Comprehensive Risk Assessment:
– The new solution will combine Elliptic’s expertise in blockchain analytics, which involves monitoring and assessing VASP activity across various blockchains, with Moody’s traditional data sources, including financial records and regulatory databases. This integrated approach aims to offer a more holistic view of the risks associated with VASPs, crucial for financial institutions, businesses, and governments.
2. Enhancing AML Compliance:
– One of the primary goals of this partnership is to address the challenges of Anti-Money Laundering (AML) compliance in the context of both fiat and cryptocurrency. By merging on-chain data, which tracks cryptocurrency transactions, with off-chain data, such as financial statements and regulatory compliance records, the partnership seeks to set a new standard for managing AML risks in the evolving digital economy.
3. Strategic Backing and Expertise:
– Elliptic, a UK-founded company, is supported by significant investors like SoftBank Vision Fund 2, JP Morgan, Wells Fargo Strategic Capital, and SBI Group. These backers highlight Elliptic’s credibility and the growing importance of blockchain analytics in the financial industry.
Implications for the Digital Asset Sector
This collaboration between Moody’s and Elliptic is expected to have several impacts:
– Improved Risk Management: Financial institutions and regulators will benefit from a more sophisticated toolset for evaluating the risks associated with VASPs, potentially leading to better decision-making and more robust regulatory compliance.
– Broader Adoption of Digital Assets: By addressing key concerns such as AML compliance, the partnership could facilitate greater acceptance and integration of digital assets into traditional financial systems, promoting confidence among stakeholders.
– Benchmarking and Innovation: The combined solution could become a global benchmark for risk management in the digital asset space, encouraging further innovation in how financial services interact with and manage cryptocurrency-related activities.
The Moody’s-Elliptic partnership represents a significant advancement in the integration of traditional financial risk assessment with blockchain analytics, reflecting the growing importance of comprehensive risk management in the digital asset sector.
Source: ledgerinsights.com
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Blockchain
Codego Revolutionizes Merchant Payments with New Cryptogateway Solution
Codego enables effortless fund transfers across 33 countries with SEPA or SEPA Instant, providing a secure and seamless gateway to international payments.
Codego, a licensed EMI/Virtual Asset Operator and banking innovator, has announced the launch of its groundbreaking Cryptogateway solution for merchants. This new platform sets a global standard in digital payment technology, offering unparalleled functionality for both in-person and remote transactions.
The Future of Payments Is Here
Codego’s Cryptogateway enables merchants to accept cryptocurrency payments seamlessly from customers while receiving funds instantly in their IBAN accounts. Accepting payments in Bitcoin, Litecoin, Dogecoin, Ethereum, USDT, and USDC from customers, while allowing merchants to receive settlements in 35 fiat currencies directly into their preferred IBAN accounts, with zero transaction fees, the solution delivers instant, borderless, and cost-effective payment processing.
Merchants can create multiple Terminal IDs at no cost, making it easy to manage different business locations or divisions. This flexibility, combined with cutting-edge technology, ensures a user-friendly experience for businesses of all sizes.
Why Codego’s Cryptogateway Is the Ultimate Solution
The solution is ideal for industries such as gambling and forex, enabling customers to deposit in cryptocurrencies and ensuring instant settlement of funds directly to merchants’ IBAN accounts.
– Zero Fees: Merchants pay no commissions on transactions, maximizing their revenue.
– Instant Settlement: Payments are processed and funds are available instantly, reducing cash flow delays.
– Global Reach: Supports 35 cryptocurrencies, enabling businesses to cater to a wider audience.
– Easy Integration: Multi-terminal setups at no cost ensure seamless adoption.
– Licensed and Secure: Codego operates under EMI/Virtual Asset and banking licenses in multiple jurisdictions, ensuring full regulatory compliance.
“Codego’s Cryptogateway is not just another payment solution; it’s a revolution in how businesses interact with digital assets. We’re empowering merchants to embrace the future of payments without complexity or excessive costs,” saidSimone Binotto Torre, Chief Operating Officer, Codego.
A Trusted Global Partner in Financial Innovation
Codego is renowned for its pioneering role in the financial technology landscape. With banking licenses across multiple countries and a reputation for providing White Label IBAN bank accounts to emerging neobanks, Codego continues to drive innovation. The company operates 11 branches globally, spanning Europe, the Middle East, the United States, and now Oceania. Its expansion reflects a commitment to bringing cutting-edge solutions to every corner of the globe.
Redefining Merchant Solutions
This Cryptogateway launch is part of Codego’s ongoing mission to revolutionize financial services through innovation. From supporting neobanks with White Label solutions to creating customer-centric payment platforms, Codego’s expertise ensures merchants stay ahead in an ever-evolving market.
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Blockchain
Dizzaract Studio Founder Predicts AI Supercycle by 2025; VanECK estimates one million New AI Agents by end of the year
Ilman Shazhaev, founder of Dizzaract Game Studio, predicts that by the end of 2025, Web3 gaming will enter an AI-driven supercycle, where in-game economies will reflect real-world market dynamics powered by AI.Ilman suggests that AI agents will play a key role in this transition, enabling more personalized gaming experiences.
Since October 2024, AI agents have swarmed social media platform X, pumping nearly a dozen more coins past $100-million market capitalizations, largely on Solana. According to Santiment — crypto analytics platform, the launch of AI agent $NOTAI has been one of most talked AI narratives on X this week.
In addition to it, a recent VanECK report also highlights that by the end of 2025, over 1M new AI agents will be deployed, while the total AI agents’ market cap is about $9.72B according to Coingecko data. Additionally, former messari research Kel Eleje analyst also speculates that total market cap for AI agents and technology could rally as high as $250 billion.
Earlier this week, Dizzaract made headlines with its studio launch in the Middle East, where it now employs 160 people. The studio has introduced patented AI frameworks designed to transform traditional gameplay into adaptive, interactive experiences. Dizzaract holds registered patents for an ‘Adaptive Machine Learning Framework for Gaming Assistance’ and a ‘Personalized AI Learning and Training Framework for Gaming Systems.’
On this note, I would like to share comment from Ilman Shazhaev, Founder of Dizzaract Game Studio “I firmly believe that in 2025, gaming will enter what I call the “AI Supercycle.” We’ll see a surge of games that no longer rely on pre-written scripts but instead respond dynamically to players’ actions, decisions, and even emotions in real time. AI is transforming games into adaptive, living worlds that blur the line between gameplay and real life.AI agents will play a central role in this transformation, going beyond automation to offer highly personalized experiences. They’ll analyze player behavior, adjust strategies, and even act as in-game coaches, tailoring challenges and decisions in real time.
In Web3 games, AI agents can manage in-game economies, providing real-time insights and keeping systems dynamic and responsive. By 2025, digital ownership will no longer be optional — it will be a core expectation. Players will own their in-game assets and identities, transferring achievements seamlessly across games while participating in economies that mirror real-world markets. By 2025, digital ownership will no longer be optional — it will be a core expectation. Players will own their in-game assets and identities, transferring achievements seamlessly across games while participating in economies that mirror real-world markets. AI-driven Web3 games will dominate the market by combining immersive gameplay with decentralized economies. In-game economies, powered by AI, will be as dynamic and complex as real-world markets. These games will transcend entertainment, becoming cultural movements where players act as evangelists, with AI-powered avatars serving as extensions of their digital identities.”
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