-
Wells Fargo is developing a USD-linked stablecoin that will run on the firm’s first blockchain platform. “Wells Fargo Digital Cash” will be used in a pilot initially for internal cross-border settlement across the company’s global network.
-
Switzerland’s FINMA has made it clear that a) all applicable AML/KYC regulations would have to be observed, and b) a payment system license from may not be enough.
-
Hedera Hashgraph, a new public blockchain network that claims to be faster than Ethereum and Bitcoin networks, has launched its mainnet beta for the general public. Hedera also offers smart contract and file services, and both are currently throttled to 10 transactions per second.
-
The Telegram Open Network, or TON, is Telegram’s upcoming Proof-of-Stake network that promises to integrate blockchain payments into its messaging app that serves some 365 million users. If it delivers on promises of high speeds and decentralization, it will be the largest blockchain launch in history.
-
Blockchain real estate investment firm AssetBlock partnered with luxury hotel asset manager Lodging Capital Partners to tokenize $60 million of exclusive hotel properties.
Kiffmeister’s Fintech Daily Digest 09/17/2019
