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From Open Banking to Open Finance to DeFi: The Open Evolution of Finance

Finextra

In decentralized finance, services like lending, payments, trading, and investing are delivered through smart contracts on public blockchains, rather than through centralized companies. Governance and Regulation: When open banking emerged, it didn’t do so in a regulatory void – quite the opposite. It’s a space of active innovation.

Finance 52
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Mastercard, Visa play down stablecoin threat

Payments Dive

Mastercard Chief Product Officer Jorn Lambert contended that 90% of the current stablecoin volume is for trading in other cryptocurrencies, such as bitcoin. “It The company also said last month that it’s linking with blockchain company Paxos to smooth the acceptance of stablecoins across its network.

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Bitcoin Daily: French Tobacco Shops Have Bitcoin For Sale; China Mobile Creates Blockchain Water Purifier

PYMNTS

The cryptocurrency exchange found “repeated deep reorganizations” of the digital currency’s blockchain. To keep its customers’ funds safe, the company said in a blog post that it “immediately paused interactions with the ETC blockchain.”. Zakhar said, according to Reuters, “Some people find it complicated to get bitcoins online.

Bitcoin 58
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Blockchain, Ready For Bank Supervision?

PYMNTS

To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision.

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Bitcoin Daily: Telegram Refutes Claims That Its Crypto Is A Security; HSBC Leads Trial To Explore DLT Benefits In Bond Markets

PYMNTS

Telegram had already agreed not to launch its TON blockchain project and gram issuance until April 30, 2020, offering investors 77 percent of their funds back if they disagree with the delay. The judge hearing the case, P. Kevin Castel, ruled that Telegram should not distribute its tokens until the court makes its decision on the case.

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Dark Web Down But Not Out

PYMNTS

AlphaBay and Hansa Market were exclusive marketplaces where criminals could transact anonymously behind the scrims of special software called Tor and the hard-to-trace blockchains that power cryptocurrencies like bitcoin. Therefore, said Laliberte, whatever new marketplace fills the void will probably look a little different.