• Japan central bank digital currencies
    Cryptocurrencies,  Politics,  Technology

    Bank of Japan’s top economist to head up department focused on digital currencies

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy ramps up efforts to embrace central bank digital currencies as China races ahead in creating one

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy makes a concerted effort to embrace financial innovation—and avoid being left behind.

  • Avanti unveils advisors
    Cryptocurrencies,  People

    ‘A new type of bank’: Avanti Financial Group moves forward

    With a trio of influential advisors and an oversubscribed angel funding round, the Wyoming-based financial group is vowing ‘to serve the digital asset industry by offering solutions that can only be provided in the U.S. by a regulated bank’

    Wall Street veteran turned Wyoming Blockchain Coalition co-founder Caitlin Long’s fledgling digital asset-focused bank has enlisted a veteran cryptographer, and experienced regulator and Fidelity Digital Assets’ lead blockchain architect.

  • EY IBM blockchain alliance
    Technology

    Driven by coronavirus, IBM and EY ally on blockchain

    It’s hoped the ‘enhanced, multi-year alliance’ will help companies ‘reframe their future amidst an unpredictable and rapidly evolving environment’

    “As organizations learn how to adapt to today's new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important,” EY’s global chairman and CEO Carmine Di Sibio said in a statement.

  • institutional FOMO behind PayPal-Paxos
    Bitcoin,  Cryptocurrencies

    Is institutional FOMO behind rumored PayPal-Paxos partnership?

    Reports say the payment giant’s rumored team-up with the Paxos Trust Company is a sign of growing fear of missing out by big financial institutions that could that could take bitcoin mainstream

    PayPal’s rumored plans to offer cryptocurrency purchases to its hundreds of millions of users appear to be gathering pace in what could be the latest example of a growing trend—fear of missing out on digital assets by traditional financial institutions.