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“Central bankers should work to develop digital currency interoperability, and a system of decentralized exchange through which businesses in different countries can use smart contracts to create automated escrow agreements and protect themselves against exchange rate volatility.”
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“Libra does not appear to qualify as e-money, as it does not embody a claim of its holders against the Libra Association.”
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Qualified Bitfinex account holders will be able to trade a new hedging product through a derivatives wallet. The product will have USDt-based collateral (unavailable in the rest of the market), up to 100x leverage and isolated margin for individualized risk level.
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Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.
Kiffmeister’s Fintech Daily Digest 09/02/2019
