FinTech
Fed Rate Cut Boosts Demand for Crypto Lending
The interest rate cut from the US Federal Reserve (Fed) has led to a surge in demand for crypto lending services. Blockchain-powered lending platform Figure Technologies saw a...
JPMorgan: Blockchain Is Laying the Bedrock for Digital Money
JPMorgan released a report last Friday, detailing the global enthusiasm for blockchain technology in the financial sector. In the 74-page report, JPMorgan described several projects...
Facebook: The Rise of a Giant and the Libra Cryptocurrency
Facebook has wrapped up almost 16 years of history. Founded in 2004 chiefly as a social network company, Facebook initially launched to connect Harvard University students together...
Is Visa’s $5 Billion Acquisition of Plaid a Good Sign for...
Credit and payments giant Visa Inc. has reportedly paid over $5 billion for a fintech firm that provides services to connect payments apps to bank accounts. It could be good news for...
When Will Fintech Firm Venmo and PNC Bank Settle their Scuffle
Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect...
Sweden Joins China and Others in Central Bank Crypto Race
It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather...
Africa’s First Stablecoin is Built on Binance Chain
Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native...
Lithuanian Central Bank Publishes Crypto (CBDC) Research
This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has...
World’s First Collectible Crypto Coin to be Issued in 2020
In an effort to further establish itself as an emerging fintech and crypto hub Lithuania will be issuing the world’s first collectible crypto coins. The commemorative issue coin is...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...
Trusted Third Parties Should Issue Stablecoins, Not Facebook
eToro believes the key to success for Facebook’s Libra is in partnering with authorised partners. If Facebook’s Libra project is to succeed it should use stablecoins issued by...
What is Ripple? How is XRP Related to Ripple?
Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties. It is a product of the San-Francisco based fintech company Ripple Labs...