In his testimony before the Senate Finance Committee, on February 12, Treasury Secretary Steven Mnuchin stated that the Department of the Treasury’s Financial...
The Trump administration plans to implement new regulations around the cryptocurrency industry. US Treasury Secretary Mnuchin announced to Congress that FinCEN (the Financial Crimes Enforcement Network) will shortly release the new regulations. While Mnuchin spoke favorably of the potential of stablecoins to make “small Dollar payments cross-border,” he warned that crypto privacy allows for [...]
Reading Time: 4minutes From Promises Enforced by Law to Promises Enforced by Code Blockchains are the first technology ever invented that gives software systems the ability — without trusted intermediaries — to make highly credible promises. These promises are enforced by a novel combination of technological innovations spanning peer-to-peer networking, encryption, and consensus mechanisms. The first blockchain was […]
Reed Smith successfully represented DBS, Southeast Asia’s largest bank, in structuring and closing a strategic business partnership with Google. The arrangement will see Google make...
Nano is probably one of the most promising “payment” cryptocurrencies in the altcoin space today.
The coin makes use of some really advanced technologies...
Reading Time: 13minutes Software and the internet have had a relatively low disruptive impact on the financial services industry. Sure — consumer expectations have changed, and banks are doing what they can to match the online experience of the highly customizable, on-demand internet services people have grown accustomed to — but businesses models have persisted. This is in […]
Stellar is one of the most promising payment cryptocurrencies currently on the market. Forging numerous partnerships and building cutting edge tech.
The goal of...
Reading Time: 7minutes 2019 is the year we can finally say “institutions have arrived,” in the blockchain / crypto industry and in a big way. Despite being a commonly cited catalyst within the crypto space, progress has felt slow. After all, these are large organizations with significant value at risk, so they want to be careful and deliberate […]
A Facebook exec let slip new details on Facebook’s forthcoming currency, which will reportedly be called “Libra”. Speaking to the German magazine WirtschaftsWoche, Facebook’s head of financial services and payment partnerships for northern Europe, Laura McCracken, let slip key details of the social media giant’s cryptocurrency. Talking to the German reporter at Money20/20 Europe, McCracken […]
Bancor’s BancorX cross-chain decentralized exchange (DEX), which serves as a token converter between Ethereum and EOS blockchain, is now live. BancorX was developed in cooperation with one of the most prominent EOS block producers, LiquidEOS, who previously announced Bancor Protocol as an EOS block producer candidate. BNT in the center of the system The new […]
