PYMNTS

SEPTEMBER 5, 2018

For China , cryptos are anathema, while the blockchain is to be embraced, or so it seems in light of recent policy and project announcements. Its been months since the country banned initial coin offerings (ICOs) outright, and last month, regulators sounded an alarm about illegal fundraisers done with cryptos.

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PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said. The reality is not quite so great.”.

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PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. There will be perceptual hurdles to clear, and regulators to convince. It’s a reason to work with regulators. “We

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PYMNTS

JULY 23, 2019

The Swiss Federal Data Protection and Information Commissioner (FDPIC) said it still hasn’t heard from Facebook regarding its supposed oversight of Libra, the social media giant’s proposed cryptocurrency. . Libra has already faced stiff scrutiny from regulators and policymakers all over the world.

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PYMNTS

SEPTEMBER 11, 2019

The social media giant wants to move forward and launch Libra in June despite global questioning and hesitation. We are engaging in constructive dialogue with FINMA and are encouraged to see a feasible pathway for an open-source blockchain network to become a regulated, low-friction, high-security payment system.”.

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PYMNTS

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

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PYMNTS

JUNE 20, 2019

Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To separates from the European Union. To remain a dominant player we in the U.K.

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PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting. AMBCrypto reported Wednesday (Dec.

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PYMNTS

OCTOBER 1, 2019

“Here is something which is being done transparently,” he said, referring to Facebook’s Libra , which will be closely regulated and subjected to anti-money laundering laws. “We Facebook announced plans for a blockchain-backed cryptocurrency in June, with a target launch of June 2020. We are not here to make such projects impossible.

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PYMNTS

AUGUST 27, 2019

Facebook’s Libra cryptocurrency project is working with HackerOne on a bug bounty for applications built on its blockchain, TechCrunch reported on Tuesday (Aug. We are launching this bug bounty now, well before the Libra Blockchain is live.

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PYMNTS

AUGUST 18, 2019

Waters has been a vocal critic of the social media giant’s plans for its own digital currency. Senate grilled David Marcus, Facebook’s head of blockchain projects, on Libra. He said Libra’s associated Calibra wallet plans will be regulated by the U.S. Last month she — along with Reps. government has over monetary policy.

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PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). The Libra ecosystem consists of new rails, the Libra blockchain, built by Facebook engineers.

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PYMNTS

APRIL 24, 2020

The yuan pilot tests became known to the public after a screenshot circulated on social media earlier this month that supposedly showed a new digital yuan app from the Agricultural Bank of China. Further tests will be done in Shenzhen and Chengdu and ahead of the 2022 Winter Olympics in Beijing.

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PYMNTS

JUNE 6, 2019

De Mol’s lawyers accuse the social media giant of failing to prevent the ads, as well as not responding fast enough to complaints. Aion Network has announced the launch of the world’s first JVM-compliant blockchain virtual machine. “We million euros ($1.9 million) from its victims. And Azarus has raised $1.8

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PYMNTS

JUNE 2, 2019

The Financial Stability Board ( FSB ) has warned that regulators need to increase their risk assessments of the cryptocurrency sector. And Block.one has announced the launch of Voice, a blockchain-based social media application designed so that the value of good content gets circulated back into sustaining the community.

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PYMNTS

JUNE 5, 2017

Last week we saw hackers prove there’s no such thing as vacation when there’s consumer data to steal, Wells Fargo continued its great rebuilding with a round of executive reorganization and Canadians said “no thank you” to the blockchain — but very politely, as is their custom. Canada Takes a Pass on the Blockchain. Here’s the rundown.

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PYMNTS

DECEMBER 24, 2020

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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PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. While many regulators around the world are banning cryptocurrency trading, Japan has embraced it.

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PYMNTS

FEBRUARY 14, 2020

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). In other news, soccer powerhouse Barcelona is teaming with Chiliz, a FinTech platform, with the intent of creating its own blockchain-based token for the team.

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PYMNTS

MARCH 23, 2020

In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. Beyond Draper, WazirX and Binance publicized their $50 million “ Blockchain for India ” fund earlier this month. The SEC contended that Kik sold tokens to investors with the idea that they would experience a return.

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PYMNTS

JULY 15, 2019

According to Cointelegraph , an unverified document published by tech lawyer Varun Sethi has been making the rounds on social media, showcasing a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”. India is reportedly considering a ban on cryptocurrencies.

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PYMNTS

JUNE 20, 2019

The social media giant shared its plans for both projects, which aim to transform financial services worldwide by empowering the more than 1.7 The Libra Blockchain will be global, but it will be up to custodial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned

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PYMNTS

JUNE 23, 2019

Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. Overstock has spent $150 million on its blockchain business, tZero; the company owns 82 percent of the exchange.

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CB Insights

APRIL 3, 2018

Blockchain and Identity: Building a New Internet. We dive into blockchain and identity in this research briefing. Some government bodies and regulators are starting to respond. The EU’s GDPR (General Data Protection Regulation) aims to protect citizens against misuse of personal data with heavy fines for bad actors.

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CB Insights

NOVEMBER 21, 2017

Blockchain. Huge corporations — like Walmart and Pfizer — have completed successful blockchain pilots. Research Briefing: Blockchain in Review. Become an expert on what’s new and what’s next for blockchain, diving into bitcoin, ethereum, cryptocurrencies, enterprise blockchains, and a whole host of other topics.

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PYMNTS

JUNE 28, 2019

David Marcus, Facebook vice president of messaging products and a key developer of the social media firm’s Libra digital currency project, thinks someone with experience in government and central banking would be a great leader for the team that would oversee the currency, according to reports. “We

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PYMNTS

MARCH 8, 2018

As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. And Wyoming recently passed a law that would make some digital coins exempt from regulation, TechCrunch reported. Litecoin did not have a stellar day either.

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Celent Banking

MARCH 28, 2017

Model Bank nominations in 2017 showcased the banks’ efforts in the areas at the forefront of innovation in banking: Innovative customer engagement: the most innovative banks go where their customers are; for example, banks are experimenting with ways to engage their customers directly from social media platforms via chatbots and other tools.

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PYMNTS

APRIL 2, 2018

The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” Although the firms had advertised across social media, none of them had registered to offer or sell securities. 18 Moons, Across Platforms, Inc.,

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PYMNTS

MARCH 19, 2019

Weaver’s mission at Fauna is informed by his work at Twitter , where he was the 15th employee, he told Webster, and where he worked as the social media platform’s lead architect, a job that made him responsible for scaling its infrastructure to support the millions of transactions it handles today. Twitter Inspiration.

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PYMNTS

MAY 6, 2019

The notion that Facebook is going to launch and ignite a global payments network, at scale, based on its own branded cryptocurrency and achieve global merchant and consumer acceptance is as likely as the predictions a decade ago that bitcoin and blockchain would, by now, become the internet of money. A Cryptocurrency Play in Three Acts.

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Bussman Advisory

MARCH 10, 2023

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The post Silicon Valley Bank is shut down by regulators | Meta exploring a new social network that could compete with Twitter | WealthTech Radar 2023 appeared first on Bussmann Advisory AG.

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Bussman Advisory

FEBRUARY 10, 2022

regulators tell banks to prepare for Russian cyberattack threat. Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? regulators tell banks to prepare for Russian cyberattack appeared first on Bussmann Advisory AG.

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PYMNTS

JUNE 8, 2018

There, money flows mainly through a pair of digital ecosystems that blend social media, commerce and banking — all run by two of the world’s most valuable companies,” Bloomberg reported. Regulations may pose a threat to Ant Financial’s ambitious expansion.”. That contrasts with the U.S., Consider the scales involved.

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Insights on Business

DECEMBER 10, 2017

Fintech startups have the creativity and agility to develop applications to please these consumers, but playing by the rules of this highly regulated industry costs money and ultimately slows them down. Fintechs started dominating in the digital channel by reaching clients through bots, social media and other digital channels.

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Bussman Advisory

JUNE 30, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Contact us at info@bussmannadvisory.com for more details.

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Bussman Advisory

JULY 29, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Contact us at info@bussmannadvisory.com for more details.

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