Paris Blockchain Week announces star-studded list of nominees for the inaugural edition of the Paris Blockchain Week Awards
Awards recognize leadership, innovation and contributions to...
When discussing cryptocurrency, the Achilles’ heel for financial institutions and the banking industry is regulatory compliance. ISO 20022 is an internationally recognized standard, developed...
The notion of a digital dollar for the United States has been increasingly in the news over the last month. Research into a potential Central Bank Digital Currency (CBDC) was called for by an executive order from President Biden in March, and it’s easy to see why: between efforts abroad from China to make moves in the space, to the increasing adoption rate of cryptocurrencies and other faster payments technologies, it’s clear to see that the technology has caught up to the vision, and implementation could offer significant advantages. However, not everyone thinks that a Federal Reserve-backed digital currency is
With the crypto market in stasis, here are some ways to use your time in limbo productively.
In late 2018, the crypto market died. For literally months the price did nothing except bracket up and down, seemingly without reason, and at one point traded in a US$100 range for
President Biden called last week for an urgent, government-wide focus from the U.S. into the research of a potential Central Bank Digital Currency (CBDC) in an executive order. It’s a move that’s been a long time coming—American efforts in the space have lagged far behind some other countries, including China, which has already launched a pilot for its own digital yuan. Discussion on what shape that research may take – and whether it’s beneficial for the U.S. to seriously take a look at investing in a digital dollar – was the subject of last week’s meeting of the Chicago Payments
Blockchain and digital assets rose to new heights in 2021; with a record $30 billion in investments, interest in this sector of FinTech has never been stronger. But what’s happening with all that money? That was the subject of 1871’s recent Tech Talk: Digital Assets and Cryptocurrency: A Breakout Year, with experts weighing in on where developments in digital assets are headed over the next few years. And it’s a broad topic – from cryptocurrencies, to tokenized securities and CBDCs, digital assets incorporate a wide range of very different technologies set to different purposes, whether on the bleeding edge of
Decentralized Autonomous Organizations (DAOs) came back into the news in 2021, generally falling into two categories: blockchain projects generally centered around the issuance of Ethereum-based tokens, and blockchain-powered crowdfunding ventures for investors. To say that DAOs got off to a rocky start would be something of an understatement. The original DAO, formed in 2016 under simply that name, lost more than $50 million dollars in Ethereum to hackers within a month of their formation, and for a time it seemed like the organization was just another crypto dead end—a place to lose money. But with the explosion of DeFi over
The Federal Reserve issued its long-awaited report on the status of its research on whether the U.S. should issue a digital currency. It isn’t a story that makes for exciting headlines, but it’s all good: The Fed released the report, it’s designed to create discussion, and any decision will rest with Congress. American Banker headlined its report, “Fed defers to elected officials on issuing digital currency.” The Independent Community Bankers of America (ICBA) lauded the Fed’s stance, saying, “The Fed’s discussion paper rightly acknowledges many important policy considerations, such as preserving private-sector intermediaries, balancing consumer privacy with transparency, ensuring transferability