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“# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore ” Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new…
“#Despite promise, few in US adopting COVID-19 exposure apps” RALEIGH, NC — Six months ago, Apple and Google introduced a new smartphone tool designed to notify people who might have been exposed to the coronavirus, without disclosing any personal information. But for the most part, Americans haven’t been all that interested. Fewer than half of US states…
“# BBC gets into blockchain tokens with Doctor Who: Worlds Apart ” Cointelegraph has been espousing the potential of nonfungible tokens for years. As you might expect from the leading independent digital media resource on all things blockchain and crypto. But when a world-renowned organization like the British Broadcasting Company starts getting involved in the…
“# Digital ruble will undercut bank profits but help businesses: Bank of Russia ” Russia’s digital ruble is expected to reduce business costs, but could also cut profits for commercial banks, according to Elvira Nabiullina, the chairwoman of the Bank of Russia. At a Dec. 3 meeting of “Opora Russia,” a non-governmental organization of small-…
“# 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…
“# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling ” 2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a…
“# Did you fall for it? 13 ICO scams that fooled thousands ” Using blockchain technology, initial coin offerings have become an alternative means of acquiring funding for business projects using the new, evolving digital financial market for tokens. In contrast to initial public offerings, which are governed by strict legal regulations, ICOs require only…
“# Facebook’s Diem stablecoin is an existential threat to traditional banking ” Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S. dollar-backed stablecoin. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper…
“# It’s time to mature: We need compliant decentralized finance ” The crypto space is an incredible, albeit risky, learning environment. Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst. Old guards constantly warn newcomers: “Take it slow, learn the basics and…
“# 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…