DFC

5260 bookmarks
Custom sorting
Shyft partners with Bitt to enable a private and secure data ecosystem
Shyft partners with Bitt to enable a private and secure data ecosystem
"Shyft, the global blockchain-based network that facilitates the secure sharing of attested and compliant data, has announced the signing of a Letter of Understanding with Bitt inc., a Barbados-based fintech company that facilitates secure peer-to-peer transactions through its mobile payments software, mMoney. As part of this partnership, Bitt will become an active ecosystem participant utilizing the Shyft network for data transaction needs across Caribbean territories."
·medium.com·
Shyft partners with Bitt to enable a private and secure data ecosystem
Move away from cash threatens to strand millions of Britons | Financial Times
Move away from cash threatens to strand millions of Britons | Financial Times
"The report said moving away from cash was not “impossible or even undesirable”, but it cautioned that certain groups of people — including the old and disabled, and those in rural areas with poor internet connections — would suffer if they lose some of the control provided by notes and coins and are unable to access the cheapest retailers."
·ft.com·
Move away from cash threatens to strand millions of Britons | Financial Times
Lebanon’s Central Bank to Implement Blockchain technology
Lebanon’s Central Bank to Implement Blockchain technology
"the Lebanese central Bank will be issuing a digital currency in the near future. He explained, “Our working group at the Central bank has carried out an extensive research into the implementation of a digital currency. The Central bank will be launching this digital currency pegged to the Lebanese Lira to be used internally in the country only."
·unlock-bc.com·
Lebanon’s Central Bank to Implement Blockchain technology
Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
"Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT will be available as collateral for margin positions, the post further reads."
·cointelegraph.com·
Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
eCurrency Announces Commercial Launch of ePiso, a digital Philippine Peso
eCurrency Announces Commercial Launch of ePiso, a digital Philippine Peso
"eCurrency Mint Limited (eCurrency) announced today that its partner, Rizal Commercial Banking Corporation (RCBC) has launched its secure digital money product – the ePiso in the Philippines under the regulatory sandbox initiative recently introduced by the Bangko Sentral ng Pilipinas (BSP)."
·prnewswire.com·
eCurrency Announces Commercial Launch of ePiso, a digital Philippine Peso
The Federal Reserve says a national cryptocurrency is a bad idea — Quartz
The Federal Reserve says a national cryptocurrency is a bad idea — Quartz
"So, while the Fed could make the US dollar into a cryptocurrency, there just isn’t a good reason to do it. And, it’s not clear whether the Fed should even digitize the dollar. While increasingly electronic money may yet offer advantages for financial management and inclusion, for now, it’s clear that to the Fed, a national “cryptocurrency” doesn’t make much sense."
·qz.com·
The Federal Reserve says a national cryptocurrency is a bad idea — Quartz
Central Bank Digital Currency for Cross Border Payments – Blog | Bitt
Central Bank Digital Currency for Cross Border Payments – Blog | Bitt
"Eventually, the vision is that digital bilateral currency swap agreements will be established between each country within CARICOM, such that little or no intra-regional trade or remittance flows will require hard currency for settlement. Instead, each payee will receive funds in their own domestic digital currency, via a digital wallet on their mobile device."
·blog.bitt.com·
Central Bank Digital Currency for Cross Border Payments – Blog | Bitt
Moneyness: Swedish betrayal
Moneyness: Swedish betrayal
"While digital payments share some of the blame for the obsolescence of paper kronor, the Riksbank is also responsible. The Riksbank betrayed the Swedish cash-using public this decade by embarking on an aggressive note switch.  Had it chosen a more customer friendly approach, Swedes would be holding a much larger stock of banknotes than they are now. As long as other countries don't enact the same policies as Sweden, they needn't worry about precipitous declines in cash demand."
·jpkoning.blogspot.com·
Moneyness: Swedish betrayal
Cameroon Separatists Launch 'AmbaCoin' to Fund Independence Movement
Cameroon Separatists Launch 'AmbaCoin' to Fund Independence Movement
"AmbaCoin is a decentralised public blockchain and cryptocurrency for the New Nation Ambazonia. The AMBA ICO is a Government Bond Smart Contract backed by the Rich Natural Resources in the territory, and a Buy-Back policy by the Post Independent Ambazonian Treasury that is supported by all political parties of Ambazonia."
·bitcoinist.com·
Cameroon Separatists Launch 'AmbaCoin' to Fund Independence Movement
Your Cash Is No Good Here. Literally.
Your Cash Is No Good Here. Literally.
More and more businesses like Drybar don’t want your money—the paper kind at least. It’s making things awkward for those who come ill prepared. After all, you can’t give back a hairdo, an already dressed salad or the two beers you already drank.
·wsj.com·
Your Cash Is No Good Here. Literally.
RBI shelves plan to launch digital currency - The Hindu BusinessLine
RBI shelves plan to launch digital currency - The Hindu BusinessLine
The central bank, in April last year, had announced it was looking at issuing its own Central Bank Digital Currency (CBDC) after it tightened the noose on cryptocurrency exchanges operating in the country, forcing several of them to shut shop. It had also set up an inter-departmental group to study the potential advantages and feasibility of the digital currency and submit its findings in June 2018. However, it has not made public any of the findings of the feasibility report. “The government doesn’t want the digital currency any more. It thinks it is too early to even think about a digital currency,” a source said.
·thehindubusinessline.com·
RBI shelves plan to launch digital currency - The Hindu BusinessLine
Chinese merchants refuse cash as mobile payments take off
Chinese merchants refuse cash as mobile payments take off
The ascent of mobile payments in China is quickly rendering cash obsolete, even as China’s central bank cracks down on merchants who refuse to accept bank notes and coins and tries to stop Ant Financial and Tencent dominating retail payments.
·ft.com·
Chinese merchants refuse cash as mobile payments take off
German cash-handlers to strike — Quartz
German cash-handlers to strike — Quartz
"Germans are famously stodgy about using cash, even as digital payments catch on in other parts of the world. But a strike by cash-transport handlers could accomplish what the likes of Visa and Apple Pay haven’t been able to—disrupt German spenders’ and their old-fashioned paper money."
·qz.com·
German cash-handlers to strike — Quartz
Proceeding with caution - a survey on central bank digital currency
Proceeding with caution - a survey on central bank digital currency
"The hypothetical benefits and risks of central bank digital currencies are being widely discussed. This BIS paper adds to these discussions by taking stock of how progress and plans in this area are developing, based on a global survey of central banks. Responses show that central banks are proceeding with caution and most are only at a conceptual stage with their work. However, a handful have moved to considering practical issues and a couple of central banks with idiosyncratic circumstances might issue a digital currency in the short or medium term."
·bis.org·
Proceeding with caution - a survey on central bank digital currency
Brazil's New President Jair Bolsonaro Shuts Down 'Indigenous Cryptocurrency' Project
Brazil's New President Jair Bolsonaro Shuts Down 'Indigenous Cryptocurrency' Project
"Brazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would see Brazil launch an “indigenous cryptocurrency.” The revelation came as he was criticizing the “BNDES black box” referring to contracts associated with the National Bank for Economic and Social Development, a federal public company associated with the Ministry of Development, Industry, and Trade with the goal of contributing to Brazil’s development by financing projects."
·ccn.com·
Brazil's New President Jair Bolsonaro Shuts Down 'Indigenous Cryptocurrency' Project
Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency 'e-krona'
Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency 'e-krona'
"Sweden’s reserve bank has warned that the individuals and firms purporting to sell the electronic version of the national currency, the e-krona, are fraudsters as the digital currency project ‘has not been concluded’. According to Riksbank, ‘no decision has been taken on issuing e-kronas’ and therefore claims to the contrary were false."
·ccn.com·
Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency 'e-krona'
BoE keeping ‘open mind’ on central bank digital currency – Carney - Central Banking
BoE keeping ‘open mind’ on central bank digital currency – Carney - Central Banking
"The governor stressed the central bank was taking the issue seriously, and has an “active research programme” looking into the feasibility of CBDC. Carney said there were “potential ways around” the drawbacks. All the same, the central bank is concentrating on its overhaul of the real-time gross settlement system as a means of improving the payment system in the short term, as well as offering reserve accounts to non-banks."
·centralbanking.com·
BoE keeping ‘open mind’ on central bank digital currency – Carney - Central Banking
Russia: Cryptoruble Coming 'Within 2-3 Years,' Gov't Official Says - Bitcoinist.com
Russia: Cryptoruble Coming 'Within 2-3 Years,' Gov't Official Says - Bitcoinist.com
Long under discussion, Russia wants to leverage the benefits of blockchain to provide a digital version of the ruble, Aksakov confirming its characteristics would “not differ” in practice from the fiat ruble. “The opinion is that this ruble will not differ in any way from the fiat ruble, except that it will exist on the Blockchain,” he told the publication.
·bitcoinist.com·
Russia: Cryptoruble Coming 'Within 2-3 Years,' Gov't Official Says - Bitcoinist.com
UAE, Saudi Arabia start work on fintech for cross-border settlements
UAE, Saudi Arabia start work on fintech for cross-border settlements
The United Arab Emirates and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose, the UAE’s central bank governor said on Wednesday.
·reuters.com·
UAE, Saudi Arabia start work on fintech for cross-border settlements
Get Neema
Get Neema

"Send money to your loved ones 24/7 from the comfort of your home and at low prices! Send money to over 200,000 cash pickup locations and banks worldwide."

·getneema.com·
Get Neema
Neema and the Republic of the Marshall Islands | Guidepost Solutions LLC
Neema and the Republic of the Marshall Islands | Guidepost Solutions LLC
"Guidepost Solutions advises financial technology company Neema on regulatory issues in connection with Neema’s development of SOV, a digital currency that has been approved as the official legal tender, i.e. fiat currency, of the Republic of the Marshall Islands.  Specifically, the Guidepost Solutions team supports Neema’s efforts to build into the SOV programming state-of-the-art controls to meet all Bank Secrecy Act and anti-money laundering requirements.  For this engagement, Guidepost Solutions registered with the U.S. Department of Justice as an agent of the Republic of the Marshall Islands."
·guidepostsolutions.com·
Neema and the Republic of the Marshall Islands | Guidepost Solutions LLC