BLOCKCHAIN
Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550. The new Read More
BIS: No Evidence of Mass Transition From CBDC Research to Pilots and Experiments
A new survey from the Bank of International Settlements (BIS) revealed that only 10% of central banks are likely to issue a central bank digital currency (CBDC) for the general public in the short term. Read More
The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European Central Bank nourished this viewpoint by stating that the institution should Read More
BANKING
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Video: Top fintech stories this week – 24 January 2020
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Aussie neobanks challenge country’s big four banks Tokopedia lines up $1.5bn funding from Alibaba and Softbank Vodafone Read More -
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Former Wells Fargo CEO barred from banking industry, fined $17.5m
IT INDUSTRY
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At US$ 4,860.4 Mn Reached Invisible Orthodontics Market With 5.3% CAGR Value In The Year of 2028
According to the latest research, the global invisible orthodontics market is projected to account for a market value of US$ 4,860.4 Mn by the end of 2028. The PMR report has projected healthy growth Read More -
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