The former Bank of France (BoF) governor Christian Noyer said that a centralized, global eCurrency is still at least a decade away. Although physical money is being used less and electronic currency is being touted by private entities, there is “clear hesitation” from the top...
Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports. Though the currency could potentially alter the financial landscape for good, many banks have simply not responded to the issue. “We’re still learning what it...
Facebook has been meeting with financial firms and online merchants as it makes plans to launch its own cryptocurrency-based payments system. The social media giant has been working on the project — code-named Project Libra — for more than one year, with it centered around the company’s...
The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. “With...
June 15, 2023
Coinbase, a major player in the retail crypto trading market, may be losing some retail crypto trading business to Robinhood, possibly due to Coinbase’s higher fees on small-ticket trades. “Our analysis suggests that COIN’s share of combined COIN retail + HOOD crypto volumes trended lower in April vs. the approximately 65% ratio in the prior […]
February 05, 2020
The former Bank of France (BoF) governor Christian Noyer said that a centralized, global eCurrency is still at least a decade away. Although physical money is being used less and...
July 08, 2019
Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports. Though the currency could potentially alter the financial landscape for...
May 03, 2019
Facebook has been meeting with financial firms and online merchants as it makes plans to launch its own cryptocurrency-based payments system. The social media giant has been working on the project...
