Industry Insights
Discover fresh perspectives and ideas from our latest thinking.
Showing 1 to 10 of 62 posts.
European Central Bank – Public Consultation on a Digital Euro
The ECB launched a public consultation to obtain input from citizens and professionals on the potential economic and societal implications of issuing a digital euro. This input will be considered when deciding in mid-2021 if a digital euro project will be launched.
Read More
Central Bank Digital Currencies Emerging in the Caribbean
Many countries in the Caribbean have central banks currently working on CBDCs, including the Bank of Jamaica, The Central Bank of the Bahamas and the Eastern Caribbean Currency Union. CBDCs act as an opportunity for central banks to provide a technologically advanced representation of central bank currency.
Read More
Decentralised Finance in Blockchain-Based Financial Markets
Decentralised Finance is a blockchain-based financial infrastructure that has been built on top of the Ethereum Blockchain and uses smart contracts to offer protocols in a more transparent and open manner.
Read More
First Bitcoin ETF Launched in North America
The first publicly traded bitcoin exchange fund has been launched in the world, giving investors a more direct way to invest in bitcoin. This fund is different from a derivative or futures contract, as every time someone puts money into the ETF, bitcoin is purchased.
Read More
Gemini Launches First Interest-Earning Crypto Program in the U.S.
Gemini Earn is a new program that allows customers to earn interest on the 30 different cryptocurrencies. This program will run as part of the Gemini platform and will enable customers to transfer or purchase crypto and send it to Gemini Earn. Interest is compounded daily for any period of time, and no minimum balance is required.
Read More
Under New Bill, Nevada Tech Companies Could Form Local Governments
A bill proposing new "innovation zones" in Nevada would allow tech companies to create their own governments and neighbourhood communities in the state. This comes after COVID-19 has amplified the California mass exodus to places like Nevada, Texas and Colorado.
Read More
Mastercard to Accept Crypto Payments this Year
In a bid to expand its cryptocurrency plan, Mastercard will now allow holders of payment cards to buy, hold and exchange certain cryptocurrencies. Consumers will be able to convert this cryptocurrency into fiat money which they can then spend.
Read More
BNY Mellon to Offer Bitcoin and Other Cryptocurrency Services
Bank of New York Mellon has formed a new digital assets unit to design the industry's first multi-asset digital platform. This platform will offer bitcoin and other digital currencies.
Read More
Japan Prepares for Central Bank Digital Currency Pilot Program
As the acceleration towards a cashless society becomes more prevalant, many central banks are exploring the option of central bank digital currencies. Japan has recently released a report on their three-phase approach.
Read More
How a Pandemic Changed the Way Consumers Think About FinTech
Mckinsey & Company recently conducted a series of surveys to measure the habits of financial decision makers within 30 different countries. These surveys were conducted to better understand how consumers identified with fintech during the COVID-19 pandemic.
Read More