• Ripple $10 million Mercy Corps
    Cryptocurrencies,  Libra,  Ripple,  Technology

    With Ripple’s $10 million donation, Mercy Corps strengthens its bet on crypto

    The nonprofit has already joined forces with the Libra Association and Celo Foundation to use blockchain technology to bring the poorest into the global financial system

    The fintech-friendly nonprofit connects some of the world’s poorest people to “resources and opportunities they need to build strong, stable livelihoods that can withstand future challenges.” Last year it helped some 28 million people in 40 countries struggling with economic instability, natural disasters, and conflicts.

  • OCC lead crypto innovation
    Cryptocurrencies,  Regulation

    Senate banking chair: U.S. should lead in crypto innovations

    Sen. Mike Crapo took note of former Coinbase lawyer Brian Brooks’ activity at the Office of the Comptroller of the Currency in moving to create “clear rules of the road” for the crypto industry

    Brian Brooks, who left his position as chief legal officer of cryptocurrency exchange Coinbase to take up the reins at the Office of the Comptroller of the Currency, has been active in helping the industry make nice with banks that have long avoided it.

  • State of fintech report
    Technology

    CBInsights State of Fintech report reveals some opportunities for crypto companies

    Unprecedented levels of growth in eCommerce could be an opportunity for crypto-focused companies to reduce friction in digital payments

    The State of Fintech Q2 2020 report, produced by CBInsights, estimates that eCommerce could represent 27% of U.S. retail sales in 2020—two-thirds higher than in 2019. According to the report’s authors, reducing friction in payments will be crucial as levels of online spending remain heightened.

  • Monsoon Blockchain adds partners
    Technology

    Monsoon Blockchain adds partners in fintech, film, digital assets, and insurance

    It’s hoped that the collaboration will create ‘a global powerhouse in the U.S. and Asia to harness the power of blockchain solutions for business needs’

    Monsoon Blockchain Corp. partners with exchange OSL, VC DraperDragon Fund, fintech CarbonBlue Innovations, and film producer Cross Creek Media "to harness the power of blockchain solutions for business needs.”

Subscribe to the
MODERN CONSENSUS Newsletter