CULedger’s DLT-Based Credit Union Platform Is Commercially Live
CULedger, a major fintech firm coordinated by the Credit Union National Association, commercially launches its blockchain identity platform Go to Source Powered by WPeMatico
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Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back? Go to Source Powered by WPeMatico
Canadian E-Commerce Giant Shopify Joins Libra Association
After multiple departures, the Libra Association finally has the first addition to its foundation in the form of e-commerce giant Shopify Go to Source Powered by WPeMatico
In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and … Read more
EU Securities Regulator Flags Risks of Big Tech’s Entry Into Financial Services
The ESMA, the EU’s financial governing body, noted several risks of big tech companies entering the financial space as part of a 2020 report Go to Source Powered by WPeMatico
Governments Begin to Roll Out FATF’s Travel Rule Around the Globe
FATF’s deadline for crypto AML adoption is looming, and several counties have implemented the rules. But how are crypto firms coping under the new regime? Go to Source Powered by WPeMatico
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money … Read more
South Korea Commits $16M to Training Future Digital Finance Experts
South Korean government is investing $16 million in future digital finance experts Go to Source Powered by WPeMatico
FC Barcelona Dives Into Crypto, Partnering With Chiliz to Create Token
Chiliz builds BAR fan token for FC Barcelona on its Ethereum-based blockchain Go to Source Powered by WPeMatico
Six Out of Forbes Top 50 Fintech Companies for 2020 Are in Blockchain
Forbes listed six blockchain and bitcoin companies among its the top 50 fintech firms of 2020 Go to Source Powered by WPeMatico