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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin. Dollars Done Digitally.

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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

PYMNTS

In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform. As has been widely reported, 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs.

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Navigating The Increasingly Murky Waters Of Trade Finance

PYMNTS

Furthermore, with analysts and regulators around the world placing greater scrutiny on certain trade finance solutions, B2B traders can face even greater uncertainty over how to finance transactions (responsibly). “We’re talking about $1.5

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SEC Charges Two Firms With ICO Violations

PYMNTS

According to the SEC’s orders, both CarrierEQ (Airfox) and Paragon Coin conducted ICOs in 2017 after the SEC warned that ICOs can be securities offerings.

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Blockchain’s Wall Street Test And Satoshi Has A Birthday

PYMNTS

Bitcoin plus blockchain plus banks still seems like an unlikely combination, despite news that JPMC and Citigroup have completed their tests about using it in support of credit default swaps. Blockchain advocates describe its ability to magically move money, trades and contracts faster — in ways that cut out the middleman.

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Second Day, Second Wind On Innovation Debates

PYMNTS

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. They also face an uncertain future, as regulatory futures remain uncertain and at least one federal regulator seems determined to put them out of the marketplace. Til next year — perhaps by then spring will finally come to Boston.

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Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). All ideas, even really good ideas, have unintended consequences – in innovation, in regulation and in deployment – and one person’s brilliant idea can be another’s big problem in the making.