The financial world’s eyes were all fixed on Wall Street Banker J.P. Morgan when it announced its’ plans to launch the JPM coin in February 2019. The JPM coin is a blockchain-powered digital currency designed to facilitate lightning fast payments,...
Continue to ArticleLibor as a Benchmark to Disappear
The world’s most highly accepted benchmark reference rate is set to sunset publication as a global reference rate on December 31, 2021. For a long time, the London Inter-Bank Offered Rate (LIBOR) has been an important part of virtually every...
Continue to ArticleCrypto “Know Your Customer” Hurdles Maybe Increasing
In late December 2020 the U.S. Treasury Department issued a rule making proposal introducing key Know Your Customer (“KYC”) regulations that will affect certain crypto users. The proposal if it becomes law, will require U.S. crypto users transferring any of...
Continue to ArticleBank Regulators Struggle with Different FinTech Viewpoints
The continuing rise of innovative technologies entering the world of finance has posed regulatory concern and difficulties for domestic state and federal legislators, as well as regulatory agencies. Both legislators and regulators have been accused of being behind the curve...
Continue to ArticleBitcoin Continues to Climb
Bitcoin blew through another landmark a few days ago, soaring through the $50,000 price point for the first time. Investors worldwide continue to be captivated by the blistering upward price surge in the world’s largest cryptocurrency. This last week Bitcoin...
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