Month: February 2020

”Decentralized Networks a Powerful Phenomenon” – Why the SEC Commissioner Proposes Time-Limited Grace Period for Tokens

by

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed a grace period of three years for tokens. Project developers would be exempt from the federal securities laws during that time, provided that they meet certain conditions. After that, they must determine whether their token transactions involve the offer or sale of a … Read more

Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research

by

At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018 when Brainard maintained “there is no compelling demonstrated need for a … Read more

Visa Wants to Adjust Interchange Fees for US Merchants

by

Transforming the financial industry can best be done from within. Visa has recently unveiled its very ambitious plans, which aim to benefit small businesses first and foremost. The current financial system has incredibly high fees associated with it.  Visa has Ambitious Plans in the US Especially for small businesses accepting debit and credit card payments, … Read more

Ethereum vs Tron: Comparing Data, Defi and Stablecoins from Both Chains After Viral Tweet

by

On February 7, Cold Card and Opendime creator, Rodolfo Novak (also known as NVK), tweeted a picture of himself with Tron founder Justin Sun and Blockstream’s CEO Adam Back. Novak said “Ethereum was over” and the three had a plan to move Tron to Liquid, a network that leverages the BTC chain. Whether the tweet … Read more