• Digital Asset Holdings Founder Eric Saraniecki, CEO of Ripple Brad Garlinghouse, Jeremy Millar, Chief of Staff of Consensys, Jeff Dorman, CIO of Arca (image via Twitter).
    Innovators

    Inside the invite-only Cumberland Global Summit

    We get the goods from crypto’s elite at the year’s most elite conference

    As the crypto business matures, a robust—some would say never-ending—series of industry conferences has arisen to provide reasons for players in the space to gather in person. Perhaps the most elite of these is the yearly Cumberland Global Summit.

  • Australia's maize contribution to the UN World Food Programme's Seasonal Targeted Assistance program, Chitse, Mashonaland Central Province, Zimbabwe, 2013. (Photo by Victoria Cavanagh, WFP - AusAID )
    Technology

    UN: Blockchain and other FinTech can save the world

    A United Nations report argues that new financial technologies like blockchain can reduce hunger, fight inequality, and eradicate poverty

    Blockchain and other new financial technologies can help alleviate hunger, inequality, and poverty according to a new report from the United Nations.

  • Europe's fiat money (via Pixabay).
    Europe

    EU banks must get speed up blockchain investment, warn Lagarde, Bain

    The consulting giant and likely European Central Bank president say blockchain FinTech is coming fast

    European banks must speed up their investments in blockchain technology in order to recapture their own capital markets from American financial institutions, global consulting firm Bain & Company warned in a report released on September 3. A day later, International Monetary Fund (IMF) chief Christine Lagarde told the European Parliament’s Economic and Monetary Affairs Committee that with bank profits low and FinTech firms gobbling up investments, EU central banks must welcome new technologies—including digital currencies—in order to remain competitive.

  • Bank of England Governor Mark Carney, Canada's most important export after William Shattner (via Wiki commons).
    Europe,  Libra

    England’s central banker touts digital currencies over U.S. dollar

    Even Facebook’s Libra might be a good way to end America’s ‘domineering influence’ as the provider of the world’s reserve currency, said Mark Carney

    The governor of the Bank of England just touted digital currencies as a possible replacement for the U.S. dollar as the world’s reserve currency. Such a digital asset, whether backed by central banks or even Facebook’s Libra stablecoin, would “dampen the domineering influence of the US dollar on global trade,” Mark Carney said in a speech on August 23 to the 2019 Economic Policy Symposium in Jackson Hole, Wyo.