• Crypto users older than believed
    Cryptocurrencies,  Politics

    Crypto users are older than believed, survey finds

    Well over half the participants in a survey by Wirex and the Stellar Development foundation were older than 45, and more than a quarter were over 55

    Three-quarters of the survey participants said they view crypto payments as a viable alternative to traditional money transfer services, according to an announcement.

  • Bitbond euro Stablecoin Stellar
    Alt coins

    One of Europe’s oldest banks partners with crypto firm to issue euro stablecoin on Stellar

    Bankhaus von der Heydt’s token is reportedly “the first stablecoin issued directly by a banking institution on Stellar.”

    The bank used Bitbond’s white label tokenization service to issue its stablecoin to increase the efficiency of its securitization with the help of the Stellar Development Foundation. BVDH can now act as its own paying agent for the issuance of new debt securities, speeding up its ability to issue them. The deal will also allow it to create new opportunities with banking clients who want to issue tokenized financial assets with full on-chain settlement.

  • JPM Coin goes live
    Cryptocurrencies,  Technology

    JPMorgan’s digital currency goes live

    The first bank-created cryptocurrency, the JPM Coin, will be used for cross-border payments by a global IT firm starting this week

    The bank has also created a new division for its digital currency and blockchain business called Onyx. The move marks the bank’s belief that the technologies are ready to be commercialized