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Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency – CoinDesk
One of the oldest bank-backed cryptocurrency efforts is no more as Citibank has confirmed its JPMCoin-like Citicoin project has been shelved.
tags: Blog AltCoins Stablecoins CryptoAssets
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When Bakkt? Bitcoin Futures Market’s Approval Appears Stuck in Limbo – CoinDesk
“Launch of the Bakkt bitcoin trading and custody platform has been repeatedly delayed. In December it asked the CFTC for an exemption to allow it to custody the bitcoin it uses to settle its futures contracts. Until it gets that CFTC approval the exchange cannot launch its one-day physically-settled futures contract.”
tags: CryptoAssets Bitcoin Futures Custody Blog
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Barclaycard brings Alipay payments to UK retailers
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has partnered with Alipay to allow retailers to accept Alipay transactions in stores across the UK.
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Crypto Investment App Donut Raises $1.8 Million in Seed Funding – CoinDesk
Donut aims to make crypto investing more accessible for the average consumer and help them educate about investing, crypto and the underlying technologies. The app allows users to invest in baskets of digital assets through a “gamified user interface” and is optimized for recurring micro-investing transactions.
tags: CryptoAssets Blog Liquidity
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The UK Access to Cash Review Final Report calls for action now to ensure cash remains viable or risk leaving millions behind. The action plan includes a “Guarantee to Cash Access” for all, including those in remote and rural areas, and for those providing essential services to be required to allow consumers to pay by cash.