Here is our pick of the 3 most important Stablecoin news stories during the week. As this will be the last edition of this weekly summary for 2021, I thought a good place to start would be with these two excellent summaries of where we are with CBDC’s. Firstly on the Retail side, where consumers hold […]
The post Stablecoin News for the week ending Wednesday 22nd December. appeared first on Daily Fintech.
El Salvador’s moves in bitcoin align to the main job job of an economy – to put money in the pockets of the people – in 3 ways: Tourism money. Bitcorati (people who made money from Bitcoin) want to have some fun when not talking crypto innovation and El Salvador has lots of fun things […]
The post Bitcoin in El Salvador Part 3. Voters call the shots with regulators leading to jurisdictional competition appeared first on Daily Fintech.
This year the ultra-rich got even richer. Elon Musk saw his fortune grow by $194 billion during the COVID-19 pandemic, followed by Jeff Bezos who saw his fortune increase by $85 billion. The world’s economic powers made the rich even richer, and the poor even poorer. To explain why this happened we need to look […]
The post What’s ahead in 2022 for cryptocurrencies? appeared first on Daily Fintech.
This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis […]
The post This Week in Fintech ending 17 December 2021 appeared first on Daily Fintech.
Zopa pulls out of peer to peer lending. Lessons everyone in lending should learn Great article by Matthew Lynn in the Sunday Telegraph business section. While this is ostensibly about the withdrawal of Zopa from the peer-to peer funding market, it contains wider truths about lending in general. Matthew has been around the block […]
The post Alt Lending week ending 17th December 2021 appeared first on Daily Fintech.
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Hong Kong prepares for digital tax reporting using inline XBRL The Hong Kong Inland Revenue Department (IRD) looks set to launch Inline XBRL-based digital tax reporting for business within the next […]
The post XBRL News from Hong Kong and Europe appeared first on Daily Fintech.
Need to get a leveraged project of the ground? You may well need the help of the worldwide insurance market. Credit enhancement insurance and other techniques are increasingly being used to help oil the wheels of capital allocation and spreading the risk. Those of you who regularly read my Lending column on Fridays will know […]
The post The Increasing Importance of Credit Enhancement Insurance appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. Last week started with several stories about what could go wrong. Firstly, if risks from DeFi are not well managed, stablecoins (in BIS’s opionion) are prone to runs and possible fire sales of the assets backing them could generate funding shocks […]
The post Stablecoin News for the week ending Wednesday 15th December. appeared first on Daily Fintech.
If you want to annoy a Bitcoin fan, talk about the electricity cost of mining killing the planet. El Salvador is showing why this is lie by using renewable volcano energy to generate electricity to power Bitcoin mining. Whether the renewable energy source is volcano, or sun or wind or tides or geothermal geysers, the […]
The post Bitcoin in El Salvador Part 2. Sustainable Electricity from volcano to sun appeared first on Daily Fintech.
There have been a few interesting stories in the news this week. In Budapest, there is a statue of the mysterious Satoshi Nakamoto. The statue has a plain face, wrapped in a bronze hoodie that is marked with the bitcoin logo. When people look at the statue’s face, because it is heavily polished to make […]
The post Who is the real Satoshi? Does it really matter when $10.5 billion were stolen in 2021? appeared first on Daily Fintech.