-
Nearly 70 crypto-focused hedge funds that mostly cater to pensions, family offices and wealthy individuals closed this year. The number of new fund launched is less than half the amount started in 2018.
-
For all the talk of central banks issuing digital currencies, many of them are secretly hoping the private sector will come up with solutions that make this unnecessary.
-
MoneyGram is expanding its debit card deposit service internationally via the Visa Direct real-time push payments platform. MoneyGram becomes the first company in the industry to enable cross-border transfers from the United States using Visa Direct. This service is now available to Spain and the Philippines, and soon to additional countries.tags: Fintech CrossBorder
-
In effect, gift cards can be seen as a sort of stablecoin which are available for purchase on nearly every street corner in the world. Additionally, as you will find out later in the article, the people using these gift cards as stablecoins often don’t even need to know what a stablecoin is or how cryptocurrency works.
-
Deutsche Börse and HQLAX have successfully launched their DLT solution for collateral swaps in the securities lending market. The first live transactions were executed by Commerzbank, Credit Suisse and UBS on the Eurex Repo F7-trading system.