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The European Central Bank should consider issuing a public digital currency, an EU draft document said, after plans by Facebook to introduce a private one met with a hostile response from global regulators.
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On Nov. 3, the U.S central bank posted a new job opening to its website, looking for a new manager who is expected to contribute to the research of digital currencies, stablecoins and distributed ledger technologies.
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The Digital Currency Research Institute of the People’s Bank of China (PBoC), the country’s central bank, has signed an agreement with telecommunications giant Huawei.
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Short version: Tether is the internal accounting system for the largest fraud since Madoff. Read on for the long version.
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Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets.
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The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply.
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Canadian cryptocurrency exchange Einstein has closed its doors with more than 16 million Canadian dollars (~US$12.4 million) owing to customers.
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Foreign visitors in China finally will be able to use Alipay to pay for goods and services, marking the first time Alibaba is opening up access to its e-wallet outside its user population. Previously available only to consumers with a Chinese bank account and local mobile number, an international version of Alipay can be downloaded and used in mainland China over a 90-day period.tags: PaymentSystems Fintech
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In a survey of 3,000 banking customers around the world, Kantar found that 93% of consumers in China have used neobank services, 50% of Indians, and 32% of Brazilians. However, across Western Europe only a small minority of consumers has opened a neobank account, with the Netherlands and Germany leading with 4% usage, and only 2% of U.S. consumers.ds and Germany lead with 4% usage; France and Spain are lagging with 2% usage In the USA, only 2% of consumers have utilised the services of a neobank”tags: Fintech NeoBanking
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The Asia Securities Industry & Financial Markets Association published “Tokenised Securities – A Roadmap for Market Participants and Regulators” that analyzes how tokenisation will impact market participants, including incumbent financial institutions and issuers, and looks at issues they need to consider in the various stages of the securities lifecycle.
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Mastercard launched Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly.tags: Fintech
Kiffmeister’s Fintech Daily Digest 11/05/2019
