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Anecdotally, some non-U.S. traders have told me that they actually prefer the more lightly surveilled Tether because they feel that it’s less likely that their coins get arbitrarily frozen for violating the terms of service.
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People’s Bank of China deputy governor Fan Yifei outlines why he favours an indirect approach to introducing a CBDC in China.
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Binance is in the final stages of talks to acquire CoinMarketCap, The Block has learned. The crypto exchange is looking to pay as much as $400 million for the deal, people familiar with the deal told The Block.tags: Fintech CryptoAssets
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“Wyoming decided to create a special type of banking institution that could specifically solve the problem of limited access to banking services for the digital asset industry,” Caitlin Long says. “And do it in a way that is compliant with the banking system, and so it truly is a bridge between the digital asset financial system and the traditional financial system.”
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The BMW Group is using blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. In 2019, it conducted a successful pilot project for purchasing front lights. This year, it plans to expand the project to a large number of other suppliers.tags: Fintech Blockchain
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Telegram filed a response to Judge Castel dated March 31, writing that the SEC’s injunction earlier today was unwarranted. Further, they are asking the federal court to deny the regulator’s motion to enforce a total ban, adding that Telegram’s request is not “procedurally barred.”
Kiffmeister’s Fintech Daily Digest 04/01/2020
