A Financial Times opinion piece continues Bruno Le Maire’s harsh criticism of Facebook’s unlaunched digital currency, Libra. France’s economy and finance minister has repeated his criticism of Facebook’s digital currency Libra, saying he cannot allow its existence. Le Maire: France has “clear position” on Libra In an opinion piece for the Financial Times on Oct. 17, […]
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TON was hurtling toward public release until the SEC stopped it dead in its tracks. Here is everything known about the project so far. In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the […]
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Recent departures including Paypal and Visa does not mean Facebook’s Libra currency project is over, reassured Calibra head, David Marcus. Head of Facebook’s Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project. Dropouts will still be able to work with Libra In an interview […]
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Auditing giant EY launched OpsChain Public Finance Manager, a blockchain platform for tracking public funds aiming to enhance transparency. Big Four auditing firm Ernst & Young (EY) has launched a blockchain platform for public funds meant to enhance transparency. Technology news outlet Verdict reported on the launch on Oct. 16. The OpsChain Public Finance Manager […]
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London-based Finastra has partnered with Ripple to grant its customers access to the RippleNet blockchain network. London-based Finastra — the third-largest financial services technology firm in the world — has partnered with Ripple to grant its customers access to the RippleNet blockchain network. As reported by the Fintech Times on Oct. 16, the cooperation between […]
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Bermuda became the first government to accept stablecoin USDC for tax payments, according to global financial services company Circle. Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USD Coin (USDC) for tax payments. Part of a broader government initiative to embrace stablecoins According to a press release […]
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Major bank HSBC carries out what it claims to be the first blockchain letter of credit to be enacted in Malaysia. Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The transaction English language local fintech news outlet Fintech News Malaysia reported the development on […]
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South Korea has established a digital trade foundation to reduce the costs of trade with more than 90% by using blockchain technology. The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology. Reduce trade costs by more than 90% On Oct. 14, South […]
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An Initial Exchange Offering, or IEO differs from an Initial Coin Offering, or ICO in one very important way: only members of a specific digital currency exchange may participate in the coin offering. In this way, an IEO may be regarded as a sort of private form of an ICO, and its popularity is growing. […]
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eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies. The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies. eToro unveiled the […]
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