Digital Dollar

Digital Dollar Project

The Digital Dollar Project launches pilot programs with funding from Accenture to explore designs and uses of a U.S. Central Bank Digital Currency – CBDC The Digital Dollar Project is a partnership between Accenture, and the Digital Dollar Foundation led by Christopher Giancarlo – former Chair of the Commodity Futures Trading Commission (CFTC) and Daniel […]

Digital currency

CBDC: towards global adoption

Central banks are affected by THE Digital Currencies (CBDC) which require the use of Blockchain. The PwC barometer Global CBDC Index 2021 reports on the progress made. Fiduciary money is less and less used with the generalization of payments by banking card. In order to support these societal changes and improve payment systems, central banks […]

crypto

Stablecoins’ Transactions with Visa

Visa becomes the first major payment network to settle transactions in USD Coin, a stablecoin backed in USD Visa is the first payment network to bridge the worlds of digital and traditional fiat currencies with the use of this USD Coin (USDC), a stablecoin backed by US dollar, to settle a transaction (either through Visa […]

DLT

DLT March News

There is a high-level transition to digital assets and crypto across the world. A focus on March 2021 transactions : Stripe – 14 March 2021 Stripe, which builds economic infrastructure for the internet, has raised a $600 million (€500 million) funding round at a $95B (€80B) valuation. Primary investors include Allianz X, Axa, Baillie Gifford, […]

VASP

Public Consultation on FATF Draft Guidance on a Risk-Based Approach to VAs and VASPs

The Financial Action Task Force (FATF) is updating its Guidance on the risk-based approach to virtual assets (VAs) and virtual asset service providers (VASPs). The FATF originally published its Guidance in June 2019 after finalizing changes to its Standards to clearly place anti-money laundering and countering the financing of terrorism (AML/CFT) obligations on VAs and VASPs. In […]

eToro

eToro to become publicly traded

eToro, the multi-asset investment platform with a global community of more than 20 million registered users is becoming public through business combination with FinTech Acquisition Corp. V eToro, founded in 2007 with the vision of opening up capital markets, and FinTech Acquisition Corp, a publicly-traded special purpose acquisition company, have entered into a definitive business […]

Trakx

Is inflation set to rise?

Is the world economy about to shift regimes from a deflationary to inflationary model in light of the Covid-19 recession? And if so, what would be the impact for investors? Is Bitcoin an alternative? An article by Caroline Jacquard Pria – crypto exchange Trakx. In November 2020, Martin Wolf, from the Financial Times raised concern about […]

shallow focus photo of blue building

DLT World News

A short press review of Crypto & Blockchain latest news Coinbase IPO Coinbase, the crypto asset exchange platform has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed public direct listing of its Class A common stock on February 25, 2021. This alternative to traditionnal IPO, allows a […]