Digital financial systems – “digital money” for want of a better phrase – will dominate the future, as we’ve regularly opined here in our News section. Close to 80 percent of the world’s central banks are either not allowed to issue a digital currency under their existing laws, or the legal framework is not clear, […]
As previously reported here, in the short term, we’ll see plenty of digital token launches this year. In the longer term, the very nature of what we understand by money is changing. Interoperable programmable money, anyone? A think piece in Crowdfundinsider is over this one… Money is the foundational layer of any economy. It provides […]
As promised, more from the changing digital asset landscape. Tokens – the big “new” thing for 2021– and central bank digital currencies are leading the mainstream’s charge to catch up. Our friends at Finextra report: As part of an experimental programme led by the Banque de France, more than ten transactions on fund units, for […]
Here’s the latest set of prognostications from our friends at Crowdfundinsider. As we’ve already pointed out, we believe 2021 will be the year of the digital token. A major sideshow will be Decentralised Finance (DeFi) which we find, frankly, difficult to understand… Bitcoin to Be Used More Often As Store of Value While other digital […]
As promised, there’s more from the bitcoin-led assault on mainstream finance. This set of prognostication comes from our friends at Crowdfundinsider. Tomorrow we’ll be visiting the regulation of cryptos and digital tokens, plus the emergence of Decentralised Finance (DeFi). Bitcoin (BTC) and other cryptocurrency platforms such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance […]
As reported in the Money Matters blog at the end of the year, tokenisation looks to be a massive area of growth for the Fintech sector in 2021. For the next few days, we’ll be focusing on this exciting area. Our friends at Finextra offer this report: Top US banking regulator, the Office of the […]
Today is the final day of the prediction season for 2021. The prognostications we’ve seen are pretty standard. We agree with most of them – although of course the majority never really achieves much more than a mediocre consensus: There will be more digitisation of financial services. Mainstream banks are already following the lead of […]
First, we wish or lenders borrower and readers a very happy festive period – if festive it is – and a prosperous 2021. We’ll be blogging our predictions for that year here shortly. Meanwhile, we bring an early snippet of news for next year (see below). The resurgent Bitcoin is having its own second wave. […]
There’s a big storm brewing over the resurgence of cryptocurrencies. The adoption of Bitcoin as a means of payment by the like of Paypal has prompted some panicky measures by central government and their regulators. Finextra reports a strident move by US authorities: The US Securities and Exchange Commission is gearing up to take enforcement […]
The Fintech Times reports a story that could be massive. It is certainly underrepresented, if the suit stands a chance of success: Mastercard, one of the worlds largest cards and payment solutions providers, has been accused of allegedly overcharging 46 million British consumers during a 15-year period. A £14bn damages claim on behalf of these brits […]