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“Libra has undoubtedly been a wake-up call for central banks to strengthen their efforts to improve existing payment systems. This by itself is undoubtedly a win-win situation for the global community. Progress made by those central banks already operating at the technological frontier can be expected to increase the speed of technological diffusion across borders.”
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The second edition of the Global Enterprise Blockchain Benchmarking Study provides new insights into the current state of the enterprise blockchain ecosystem. The study gathers survey data from 160 start-ups, established companies, central banks, and other public-sector institutions from 49 different countries worldwide. The empirical analysis specifically focuses on enterprise blockchain networks that have entered in production.tags: Fintech Blockchain
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Binance is now explicitly positioning its Venus localized fiat-backed stablecoin project as a government-friendly alternative to Libra.
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Cboe BZX Exchange withdrew its VanEck/SolidX bitcoin exchange-traded fund (ETF) proposal on September 17.
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The BIS and the HKMA have today signed an Operational Agreement on the BIS Innovation Hub Centre in Hong Kong. The Hub will identify and develop in-depth insights into critical trends in technology affecting central banking… Hub Centres will be set up in Hong Kong, Singapore and Basel, Switzerland, in the initial phase.
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Consumer watchdog Which? reported that one in 10 free cashpoints across the UK have closed or switched to charging a fee for withdrawals. Poorer communities, which tend to rely more heavily on cash for payments, had been hit the hardest.
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If the United States is smart, it will wake up and start competing for dominance in digital payments. The shortest cut to a system to rival Alibaba and Tencent is called Libra, the digital currency proposed by Facebook, which, with its 2.4 billion active users, is uniquely positioned to create something on a Chinese scale, and fas
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This Circle Research report identifies innovative work by the technical community on developing and experimenting with sustainable governance and funding models and the analytical community on creating innovative ways to evaluate crypto networks.tags: Fintech CryptoAssets
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Crypto payments service Alchemy launched its Hybrid Payment Solution, allowing merchants in Asian and Middle Eastern markets to easily accept bitcoin and crypto payments.
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People with less knowledge about cryptocurrency are the most likely to be positive on its future, according to ING, based on a survey of about 1,000 mostly Europeans.tags: Fintech CryptoAssets
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Modern money is crawling with nasty bacteria. It’s not a public hazard, but scientists find that some currencies are particularly gross.
Kiffmeister’s Fintech Daily Digest 09/18/2019
