A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. Aligning a functioning blockchain with the needs of modern capital markets will require solutions to governance, identity, compliance, confidentiality and settlement. To address these gaps, Polymath has spearheaded the creation of … [Read more...] about Why a securities specific blockchain is needed, explained
Needed
Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report
The Monetary Authority of Singapore (MAS) is laying the technological foundations for a central bank digital currency (CBDC) in case it decides to issue one, Managing Director Ravi Menon said at the Singapore Fintech Festival.However, the case for a retail CBDC is not urgent, Menon said, according to a report by the Straits Times on Tuesday.Menon said the benefits of a digital … [Read more...] about Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report
More crypto regulation is needed
In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms.“Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and state bank regulators should … [Read more...] about More crypto regulation is needed
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuy into resistance? “Not interested”Data from Cointelegraph Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as the week drew to a close.A … [Read more...] about Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
Specialized workforce needed as crypto and blockchain courses enter colleges
It shouldn’t come as a surprise that the need for candidates specializing in cryptocurrency and blockchain has become more apparent than ever before. This could be attributed to the fact that major companies are announcing job positions for candidates who are knowledgeable in alternative payments and emerging technologies.For example, global software giant Apple has recently … [Read more...] about Specialized workforce needed as crypto and blockchain courses enter colleges