• Bank’s stablecoin used for eCommerce
    Alt coins,  Cryptocurrencies

    In world first, bank-issued stablecoin used at online retailer

    Sygnum’s digital Swiss franc was used to buy an iPad from Digital Galaxus, Switzerland’s largest online retailer

    A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.

  • FATF stablecoin report
    Regulation

    FATF calls for clampdown on ‘so-called stablecoins’ in new report

    The Financial Action Task Force warns stablecoins have a ‘propensity for mass adoption makes them more vulnerable to be used by criminals and terrorists’

    When a powerful international financial oversight body releases a report on “so-called stablecoins,” you just know it isn’t going to be comfortable reading.

  • Nonprofit decentralized platform launches
    Technology

    Dazaar offers content creators decentralized payment with no cut at all

    Dazaar says those who create and monetize content on its platform will keep 100% of their profits—and they can be paid in a crypto or fiat of their choice

    The peer-to-peer, open-source protocol said it wants to help individuals and organizations monetize ideas and data by allowing them to reach their desired audience without relying on a middleman. In a twist from rival platforms, users will be able to choose exactly how they get paid rather than relying on a platform-specific token.

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