UK Member of Parliament Resigns as Blockchain Startup Advisor

Sep 17, 2020 at 10:56 UTCUpdated Sep 17, 2020 at 11:04 UTCJames Emmett, MD at Libra Networks (courtesy Libra Association)The Libra Association, the organisation developing the Facebook-led cryptocurrency payments project, has hired a banking heavyweight to help drive the initiative forward. The Geneva, Switzerland-based organisation announced Thursday that former HSBC executive James Emmett will take…

Also: Ether is jumping off, taking DeFi tokens with it.Feb 5, 2021 at 5:39 p.m. UTCUpdated Feb 5, 2021 at 5:43 p.m. UTCBlockchain Bites: The Weird and Wonderful in Crypto This WeekThree storiesThe big news of today, in context.1. The crypto-bank connection is strengthening. Seattle-based Protego Trust Bank has received conditional approval for a trust…

“If two people want to transfer value from one country to another country, the level of compliance and verification needed is complex,” said Raj Dhamodharan Head of Crypto and Blockchain at Mastercard. “So how do you identify those wallets, and how do you exchange enough information about the other party?"

Mar 31, 2020 at 06:00 UTCMt Gox image via ShutterstockThe submission deadline for the Mt. Gox rehabilitation plan has been pushed back again after a draft proposed last week was met with opposition from numerous creditors.In the plan, proposed to Mt. Gox creditors at a March 25 meeting, rehabilitation trustee Nobuaki Kobayashi said he would,…

A newly introduced blockchain bill aims to provide a "welcoming" environment for fintech companies in a bid to stimulate growth and jobs.Feb 10, 2021 at 2:58 p.m. UTCUpdated Feb 10, 2021 at 3:01 p.m. UTCRhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly LegislationThe Rhode Island General Assembly is to consider draft legislation aiming…

Dec 3, 2020 at 5:01 p.m. UTCValuing Open Source: Principles for Acquiring DeFi ProjectsAs decentralized finance sees its first mergers and acquisitions, we’re left with a big question: How do you value an open-source project in a very new field like DeFi? The whole thing is fascinating, almost a contradiction! An analysis of the issues can…

Money doesn't make the world go round; credit does. Credit predates any known form of currency and was in use at least as far back as the ancient civilization of Sumer around the year 3500 B.C.E. In Sumer, citizens could get loans for agricultural purposes, later paying these back via a percentage of their crop.…

news SoFi, a millennial-focused online lending platform, will allow its customers to buy cryptocurrency through a partnership with Coinbase starting in the second quarter, CNBC reported Tuesday. “Our target audience wants to see what the price of cryptocurrency is, and to buy it,” SoFi CEO Anthony Noto was quoted as saying in the CNBC report.…

FEATURE As Wall Street raises the stakes around cryptocurrency, large institutional players are circling this new asset class and bringing with them their own set of requirements. For example, there’s a need for qualified custodians to hold the assets these big-money investors will trade, as in the traditional, regulated financial realm. But a less-discussed yet…