• Celo, Bison Trails partnership
    Cryptocurrencies,  Technology

    Celo, Bison Trails partner on straight-to-phone number payments

    Celo is going to be integrated into the Bison Trails platform, helping to secure the stablecoin network as it seeks to boost financial inclusion for the unbanked

    Bison Trails says it believes Celo has the potential to become a global driver of financial inclusion—not least because of how mobile payments are the lifeblood of many developing economies.

  • Sean who? (via C-SPAN).
    Alt coins,  People

    Circle sheds another business, three executives

    The blockchain payments firm sold its Circle Trade OTC operation to Kraken, while CFO Naeem Ishaq joined co-CEO Sean Neville in heading for the door

    Six-year-old blockchain payments firm Circle announced on Dec. 17 that it has sold its Circle Trade over the counter (OTC) desk to the Kraken cryptocurrency exchange. The firm also said in addition to co-CEO Sean Neville—whose departure was announced on Dec. 4—CFO Naeem Ishaq and Chief Legal Officer Gus Coldebella were “transitioning from the company into new adventures befitting their expertise.”

  • Are tether tokens really backed by dollars? (via Shutterstock)
    Tether

    Bitfinex to launch bitcoin options

    The cryptocurrency exchange’s options will be settled in tether, the stablecoin issued by Bitfinex’s sister company; ICE and Bakkt also announced options, but settled in cash

    Bitfinex has announced plans to offer bitcoin options that will put it in direct competition with two major traditional exchange operators, Intercontinental Exchange and CME Group’s Bakkt. Both of those also announced enhanced bitcoin options choices over the past two days.

  • (via Pixabay.)
    United States

    Finance professionals predict US first to global digital currency

    China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’

    China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.