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“# Today’s clients demand that banks show cybersecurity chops, says JPMorgan leader ” As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls. “It’s a competitive disadvantage not to have a…
“# Bitcoin’s reputation still a deterrent for institutions, Draper fund analyst says ” Although a number of big players have picked up bags of Bitcoin (BTC) in 2020, multiple aspects still avert institutions from investing on a wide scale, according to Robert Li, an analyst for Draper Dragon, a Draper Venture Network fund. “I think…
“# Future of money will be public-private effort, says ex-CFTC chairman ” The public and private sectors should work closely together to bring about the future of money, according to a former leader of the Commodity Futures Trading Commission. Chris Giancarlo, a former CFTC chairman and initiator of a blockchain-based digital dollar project, joined the…
“# Institutions will protect Bitcoin from government overreach: Erik Voorhees ” Institutional investors will play an important role in securing the future of cryptocurrencies like Bitcoin (BTC), according to Erik Voorhees, CEO and founder of ShapeShift.io. In a panel discussion at this year’s LaBitConf, Voorhees said Bitcoin’s adoption curve will grow substantially over the next…
“# Consideration phase for digital euro to go well into 2021, says ECB exec ” Financial authorities in Europe could form an investigation plan for a digital euro as early as next year, according to an executive at the European Central Bank. Holger Neuhaus, head of market innovation and integration division at the ECB, joined…
“# It’s not about data ownership, it’s about data control, EFF director says ” As technology advances, personal data becomes an increasingly relevant topic. Many in the crypto industry hold sovereign finance and data privacy in high regard. Participants’ best efforts may be undermined by centralized businesses and regulating bodies, however, according to Cindy Cohn. Cohn is…
“# Gavin Wood: Polkadot is a ‘bet against blockchain maximalism’ ” Polkadot doesn’t have to be an “Ethereum killer” to succeed, according to protocol founder Gavin Wood. In a “fireside chat” with podcaster Laura Shin during the Polkadot Decoded business summit on Thursday, Wood was asked whether his protocol could exist alongside Ethereum given its…
“# PayPal CEO calls on crypto industry to work hand in hand with regulators ” There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes. On Dec. 2, Schulman joined the Web Summit online conference to discuss the cashless era of the…
“# Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore ” BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with the Monetary Authority of Singapore, the country’s major financial regulator…
“# BlockShow returns as partner to Singapore central bank’s fintech event ” BlockShow, one of the largest blockchain events in the blockchain and crypto industry, will curate discussions around blockchain and cryptocurrency for a five-day online event hosted by the Monetary Authority of Singapore. The event runs from Dec. 7–12 and the attendees will have…