The Federal Reserve issued its long-awaited report on the status of its research on whether the U.S. should issue a digital currency. It isn’t a story that makes for exciting headlines, but it’s all good: The Fed released the report, it’s designed to create discussion, and any decision will rest with Congress. American Banker headlined its report, “Fed defers to elected officials on issuing digital currency.” The Independent Community Bankers of America (ICBA) lauded the Fed’s stance, saying, “The Fed’s discussion paper rightly acknowledges many important policy considerations, such as preserving private-sector intermediaries, balancing consumer privacy with transparency, ensuring transferability

The post Fed Releases Digital Assets Report first appeared on FinTech Rising.

Supply chain disruptions will continue to create uncertainty in the real economy well into next year. This is not my usual Week in FinTech overview. But how current supply chain problems are likely to affect the economy in the coming year made a greater impression on me this week than any of the payments, wealth management, cryptofinance, and related regulatory topics I typically follow. The impression came less from the ongoing media reports on supply chain issues—here’s a list—but from an association client’s annual meeting. This association represents contractors in a highly specialized and technical segment of the construction industry.

The post Continuing Disruption first appeared on FinTech Rising.

As digital assets continue to become more and more mainstream, what role they’ll play as they move beyond a token for professional traders to something more widespread and ubiquitous remains a primary question. To some extent, there are no clear answers – yet. A lot depends on the moves that government organizations and banks make moving forward, and the answers they come up with could have ramifications that completely change the nature of banking going forward. While the regulatory answers are still murky – though that may not be the case for long, as the Biden administration continues to focus

The post Can Digital Assets Really Disrupt Payments? first appeared on FinTech Rising.

It was a crypto week. I didn’t think it would but that’s mostly what I worked with this week. The week started with conversations about inflation, mostly on how to talk about it lest our communications make it worst. It’s too late for that with so much news showing the highest measure of this or that inflationary measure in this or that number of decades. Bitcoin hit a record price. So did ethereum. At about the same time, the U.S. Treasury Dept. released its report on stablecoin regulation. It’s a high-drama assessment as reported by the New York Times DealBook:

The post Crypto Rules first appeared on FinTech Rising.

Decentralized Finance, more commonly known as DeFi, has been a growing sector on the wild frontiers of digital finance throughout 2021 – we’ve covered it ourselves a number of times over the past six months.  It’s a space that excites many adventurous investors, as the yields look incredibly promising. But with multiple high-profile scams and hacks marring the space even as almost $90 billion in Ethereum-based DeFi protocols have been invested, it was probably inevitable that it would increasingly look like the next target for regulatory action. Regulators have already begun to take a tougher approach to the crypto industry

The post Regulators Take Aim at DeFi first appeared on FinTech Rising.

One of the big, frequently discussed ideas of crypto is that it enables creators and communities to build their own internet-native economies. A...

With the cheapest condo listed for more than $10 million, Miami’s Arte Surfside luxury apartments are now aimed at crypto millionaires and billionaires.

CryptoNinjas » Crypto Finance Group joins Boerse Stuttgart Group’s BSDEX as a liquidity provider

Crypto Finance Group, a FINMA-regulated provider of a full suite of crypto-asset products and services, today announced it has connected to Boerse Stuttgart Digital Exchange (BSDEX) as an institutional participant through its trading subsidiary, Crypto Broker AG. As a liquidity provider at Germany’s first regulated trading venue for digital assets; Crypto Broker AG will first […]

CryptoNinjas » Crypto Finance Group joins Boerse Stuttgart Group’s BSDEX as a liquidity provider

The Crypto Finance Group has announced that it will support the upcoming IOTA upgrade, following its involvement in the planning and development of the upgrade

The post Crypto Finance to Support IOTA Chrysalis Upgrade appeared first on BeInCrypto.

Bitcoin unexpectedly plunged 17% to beneath $48,000 on Monday in the wake of recording a progression ever higher in the previous week. The main crypto arrived at a $1 trillion market cap on Friday prior to taking off to a record $58,042 on Sunday. Bitcoin immediately recuperated from the dive and was drifting on solid land $54,000 at the hour [...]

The post Bitcoin Price Plunges But Asian Markets Continue to Acknowledge Crypto appeared first on Coin News Asia.

The Swiss regulatory framework around digital assets is now among the most advanced in…

The post Switzerland starts implementing their new ‘blockchain law’ appeared first on Coin Journal.

There are a lot of privacy coins currently on the market. All offering unique and supposedly revolutionary technology. Horizen (ZEN) is one of...