A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.
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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.
- Facebook’s Libra frontman, Calibra wallet head David Marcus, finally has something to smile about. (Photo: Wikimedia Commons)
Shopify joins Libra, providing badly needed win
The Libra Association’s long losing streak came to an end today as the global e-commerce firm Shopify announced its membership in the stablecoin project
After a long, painful string of defections, the Libra Association finally has some good news to announce. A new member, retail e-commerce site Shopify, made the $25 million commitment to join on Feb. 21.
- Milo Yiannopoulos appears at LeWeb'13 Conference @ Methodist Central Hall, Westminster in London on June 5, 2013 (via Wiki Commons).
Opinion: On Milo Yiannopoulos getting kicked off of Coinbase 3 minutes after joining
Uses racial slur to defend himself because Milo
Alt-right clown Milo Yiannopoulos got kicked off of crypto trading platform Coinbase in just three minutes—a record no doubt. He had previously been banned from funding site Patreon after just one day. Unlike a digital crypto wallet, the U.S.-based exchange follows a strict KYC (know-your-customer) protocol that involves submitting proof of ID to get your Coinbase Pro account working. So while Bitcoin is free and open, Milo’s ability to link it to a U.S. bank account is not.