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Ledger announces secure touchscreen devices options

Webp pascal
Pascal Gauthier, CEO at Ledger | LinkedIn

Ledger has announced its next-generation devices, Ledger Stax and Ledger Flex, featuring secure touchscreens. Ledger Stax provides a premium option, while Ledger Flex offers comparable features at a more accessible price.

According to Ledger, the company has introduced its next-generation hardware wallets, Ledger Stax and Ledger Flex, both utilizing Secure Element chips and secure operating systems to enhance digital asset protection. These devices incorporate advanced technology to provide secure and user-friendly experiences.

Both Ledger Stax and Ledger Flex feature larger, improved displays that enhance user interaction by making it easier to read and verify transaction details. This is crucial for preventing crypto theft, as smaller screens can obscure transaction information, leading to increased risk. The larger screens offer a clearer view and a more intuitive user experience, akin to using a smartphone, thereby reducing potential errors and misunderstandings.


Pascal Gauthier, CEO at Ledger | LinkedIn

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Ledger’s new devices boast the world’s first secure E-Ink touchscreens, which are directly driven by the Secure Element chip. This setup prevents the common vulnerabilities associated with traditional screens, which are prone to malware attacks. By utilizing tamper-resistant technology, Ledger Flex and Ledger Stax allow users to confidently verify transaction details, minimizing the risk of falling victim to spoofing or phishing schemes. This advancement aims to provide safer digital transactions compared to standard devices reliant on general-purpose chips.

Founded in 2014, Ledger specializes in developing products and services for securely managing digital assets. With over 700 employees across multiple global offices, the company is known for its devices powered by a Secure Element chip and a proprietary operating system. These devices, along with the Ledger Live app, are designed to protect and manage cryptocurrencies and other digital assets. The company also offers customizable infrastructure solutions for enterprises, including banks and hedge funds, to safeguard crypto assets.

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UK’s stringent crypto regulations spark debate as exchanges struggle to gain FCA approval

The UK cryptocurrency market continues to pose challenges for exchanges as they adapt to stricter regulatory requirements. Cryptocurrency exchange Bitget recently relaunched its UK platform after halting services in May 2024 to comply with the UK Financial Conduct Authority’s (FCA) Financial Promotions regime. This relaunch reflects Bitget’s efforts to align with the FCA’s evolving standards, aimed at enhancing consumer protection in the digital asset space.

Nov 24, 2024

Italy backtracks on crypto tax hike amid investor pushback

The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

Nov 24, 2024

European banking authority issues new guidelines for crypto providers to comply with restrictive measures

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI chooses Paris as its new home base

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

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