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SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”
Blockchain.News is now available on Dow Jones Factiva Database
Industry insights, analysis, and exclusive interviews from Blockchain.News are now available on Dow Jones Factiva—a database that aggregates more than 33,000 trusted, high-quality news and content sources from across the globe.
Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs
Personal identity is a fundamental human right according to Article 8 of the United Nation’s Convention on the Rights of the Child. Identity is crucial to a functioning society and economy, however, there are 1.1 billion people in the world that do not have proof of identity and 45% of them are among the poorest 20% around the world. For enterprises, customer data protection can be proven costly as 2.8 billion consumer data records were exposed at an estimated cost of more than $654 million in 2018.
China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US
China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.
Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide
Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.
BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?
The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.
Binance Lists the Nigerian Naira on its Exchange Platform in Partnership with Flutterwaves
Binance has announced its listing of the Nigerian Naira on its exchange in collaboration with Flutterwaves, a Nigerian company that is poised to help banks and businesses build secure and seamless payments solutions for their customers.
Ethereum Price on the Verge of Surpassing its All-Time High of $1400, Bitcoin Consolidates
Ethereum’s price has been on the rise, up 11% in the last 24 hours. On its end, Bitcoin has been consolidating and trading above the $35,500 level.
China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.
Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment
As Blockchain technology becoming more viable and prevalent, the number of accelerators and incubators to provide funding and servicing to this ecosystem had also increasing. We recently interview with the CEO of Block Chain Impact, Hugo Jacques. Who have wealth of experience in the ecosystem with investors and start ups, he share with us his experience and advice for anyone who want to enter into this field.
Exclusive: Liberal Society Comes with Friendly Crypto Regulations
As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.
US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments
Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.