Monthly Archives: September 2019

Mario Draghi, president of the European Central Bank (ECB) shares his views on stablecoins, the future of crypto assets, and possible digital form of the Euro.Monitoring developments in cryptoOn Sept. 27, in a letter addressed to European parliament member Eva Kaili, ECB president Mario Draghi noted that the European System of Central Banks (ESCB) is…

China Securities Index Co. (CSI) Fintech Theme Index has risen over 50% in 2019, outperforming the broader market.Some stocks skyrocketing 200%According to a Reuters report on Sept. 26, stocks of China’s fintech firms have seen a notable surge this year amid investors’ anticipation of China’s launch of its own digital currency as well as the…

Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products.Per a Sept. 27 blog post, Ripple’s Xpring initiative, the company’s investment arm, has onboarded Logos Network. Logos Network is a distributed ledger-based payment platform that focuses on speed and…

The Libra Association is in talks with European Union regulators, according to its managing director, according to an interview with Reuters, Sept. 27.Bertrand Perez said that discussions were ongoing and there was still work to do, in one of his first public appearances on the job at a blockchain conference in Geneva, where the association…