unbanked Archives - Cash Tech News

Crypto regulation now more institution-friendly, METACO head explains

December 17, 2020cashtechnews

Future crypto guidelines remain uncertain, however. Regulatory activity has surfaced on many levels in crypto this year. Government agencies have provided clarity and executed enforcement and discussed new actions. Such regulation has widely impacted the industry, in part affecting big players entering the sector, according to METACO’s vice-president of sales and business development, Seamus Donoghue. “Regulatory barriers […]

Bitcoin’s market cap will flip gold: Winklevoss twins

December 8, 2020cashtechnews

The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold. Speaking during the Singapore Fintech Festival 2020 on Dec. 7, pioneering Bitcoin investors Cameron and Tyler Winklevoss reaffirmed previous forecasts that Bitcoin’s (BTC) price will eventually exceed prices of $500,000 […]

A million down, a billion to go: How does DeFi reach mass adoption?

December 6, 2020cashtechnews

A report this weekend claimed that DeFi has reached a million users, but the emerging financial vertical has a long road to travel towards widespread success. A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an […]

Congresspeople speak out against Tlaib’s anti-stablecoin bill

December 5, 2020cashtechnews

But the bill is unlikely to become law any time soon. On Wednesday night, Congresswoman Rashida Tlaib introduced a bill before the U.S. House of Representatives looking to make fiat-pegged stablecoin operators abide by the same rules and registration requirements expected of banks. The legislation, under the name “the Stablecoin Tethering and Bank Licensing Enforcement […]

Law Decoded: New threats to self-custody take shape in the US, Nov. 27-Dec. 4

December 4, 2020cashtechnews

Tentative clampdowns coming from both the Treasury and the House in the United States lead this week’s Law Decoded. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note For several weeks, rumors have circulated in the U.S. that the Treasury under Steven Mnuchin […]

US lawmakers seek to make stablecoins illegal without federal approval

December 2, 2020cashtechnews

A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first A new bill, introduced to US Congress on Wednesday night, could enforce blanket regulation on all stablecoins. If passed, any service provided in relation to these types of cryptocurrencies would become illegal […]

Yield farming is a fad, but DeFi promises to change the way we interact with money

November 29, 2020cashtechnews

The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions. As the COVID-19 outbreak wreaks havoc on the United States’ economy and abroad, investors grapple with a second economic downturn in just over a decade. While the 2008 financial crisis and the coronavirus pandemic […]

Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’

November 25, 2020cashtechnews

Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. progressives. American progressives, particularly the high-profile group of Congresswomen known as “the Squad,” have been highly vocal on questions of economic equity, the corrosive social impact of Big Tech and the need to reimagine […]

Stellar Lumens doubles in price following upgrade

November 25, 2020cashtechnews

The launch of Stellar’s new protocol was received positively by the crypto market, coinciding in a 100% price rise for XLM across the last 48 hours. The price of Stellar Lumens (XLM) shot up 60% in the past 24 hours and crossed the 20 cent mark for the first time since Sept. 2018. The ‘stellar’ […]

How has the COVID-19 pandemic affected the crypto space? Experts answer

November 22, 2020cashtechnews

Experts in blockchain technology and crypto take on the question: What impact has the COVID-19 outbreak had on the industry? Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it […]

Tag: unbanked

Crypto regulation now more institution-friendly, METACO head explains

Bitcoin’s market cap will flip gold: Winklevoss twins

A million down, a billion to go: How does DeFi reach mass adoption?

Congresspeople speak out against Tlaib’s anti-stablecoin bill

Law Decoded: New threats to self-custody take shape in the US, Nov. 27-Dec. 4

US lawmakers seek to make stablecoins illegal without federal approval

Yield farming is a fad, but DeFi promises to change the way we interact with money

Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’

Stellar Lumens doubles in price following upgrade

How has the COVID-19 pandemic affected the crypto space? Experts answer

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