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John Kiff

TrustToken Announces Four New Stablecoins - 0 views

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    TrustToken will expand into four new fiat-backed stablecoins; TrueAUD, TrueEUR, TrueCAD and TrueHKD (from its TrueUSD and TrueGBP coins).
John Kiff

Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso - 0 views

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    Bitspark, a blockchain-based bankless money transfer solution, will launch a Philippine Peso pegged cryptocurrency for money transfers dubbed "peg.PHP."
John Kiff

Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain - 0 views

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    Sumitomo Mitsui Banking Corporation will launch its blockchain-based Marco Polo trade finance platform later this year.
John Kiff

Report: Samsung Planning New Blockchain Mainnet Featuring Samsung Coin - 0 views

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    Samsung may be developing a public-private blockchain based on Ethereum (ETH) along with a new asset dubbed Samsung Coin.
John Kiff

China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance - 0 views

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    The agency that regulates and manages China's foreign exchange reserves has developed a blockchain system aimed to address inefficiencies in cross-border trade finance.
John Kiff

French Lender Societe Generale Issues $112 Million Bond on Ethereum - CoinDesk - 0 views

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    Societe Generale issued EUR100 million of covered bonds in the form of a security token on the ethereum blockchain. However the bank issued the securities to itself and no outside buyers were involved.
John Kiff

IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight - 0 views

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    Nice summary of Fintech activities at the IMF/WB Spring Meetings.
John Kiff

Researchers: DEXs plagued by malicious trading bots - 0 views

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    "Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges" uncovers a number of significant details surrounding the activity of malicious trading bots on decentralized exchanges.
John Kiff

Life's a breach: banks settle uncomfortably into GDPR - 0 views

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    The EU's GDPR requires reporting of data breaches to authorities within 72 hours. The maximum penalty for failing to do so is 4% of a year's revenue. The number of breaches reported across Europe varies widely.
John Kiff

Can IBM's World Wire Be The Answer To Cryptocurrency Payments? - 0 views

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    The cross-border payment applications of Ripple, JPM Coin, and World Wire aim mainly at financial and enterprise institutions. None are designed for the other side of the market.
John Kiff

Motivations and prospects for central bank digital currency - 0 views

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    So far, most central banks remain a long way from issuing CBDC of any kind. But given that technology has been progressing fast in the settlement and payment areas, as well as DLT, it is possible central banks may increase their interest in retail and wholesale CBDC proposals based on DLT and consider actual implementation seriously in the near future.
John Kiff

Binance DEX Launches on Native Mainnet Earlier Than Planned, Invites Community Input - 0 views

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    Binance, the world's largest crypto exchange by adjusted volume, has launched its decentralized trading platform (DEX). A DEX enables users to trade P2P, using smart contracts to automate deal matching and asset liquidation.
John Kiff

IMF / World Bank shares CBDC learnings from educational blockchain - 0 views

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    The International Monetary Fund and World Bank have been exploring blockchain together by creating a Learning Coin.
John Kiff

Aa Traditional Remittance Rates Soar, Crypto-Baaed Transfers Can Cut Costs in Africa by... - 0 views

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    On average, it costs 9.3% to send the equivalent of $200 to the Africa according to a new World Bank report. However, the cost drops by as much as 90% when money is sent through cryptocurrency-based fintech companies like Bitpesa.
John Kiff

How Ambiguous Regulations Complicate Crypto Taxation - 0 views

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    Crypto-asset taxation in major bitcoin strongholds is complicated. Contradictory or non-existent laws, excessive red tape, and maddeningly vague guidelines have conspired to make the tax-paying process more arduous than it need be.
John Kiff

How Tokenization Opens A New World Of Asset Management And Investment - 0 views

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    The blockchain offers a way to remove intermediaries from the equation and make the tokenization and transfer of assets peer-to-peer and far more liquid and tradable and also help reach different assets not amenable to securitisation.
John Kiff

You Can Now Shop With Bitcoin on Amazon Using Lightning - 0 views

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    Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon. Crypto payment processing startup Moon has announced that any lightning-enabled wallet can now also be used through Moon's browser extension.
John Kiff

Why Goldman Sachs raised $22M for no code tech firm Unqork - 0 views

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    Unqork is a platform that allows users to drag and drop prebuilt modules into a useful workflow to quickly create financial services applications without the need for developers to create any code, to radically accelerate client acquisition and onboarding.
John Kiff

E-Commerce Giant Rakuten Opens Its New Crypto Exchange to Customers - 0 views

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    Japan's equivalent to Amazon, e-commerce giant Rakuten, has started accepting account registrations for its new cryptocurrency exchange, Rakuten Wallet.
John Kiff

Anchor Cryptocurrency Stablecoin Holdings: How Does it Work? - 0 views

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    Anchor Tokens mirror global economic growth by tracking a proprietary monetary measurement unit based on the value of fiat currencies, national GDP and bond yields from more than 190 countries.
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