• U.K. Prime Minister Boris Johnson, who clearly went to Paul Weller's barber from the 1980s (Photo by Dominique from UK via Wiki Commons).
    Cryptocurrencies,  Europe,  Libra,  Opinion

    New Prime Minister Boris Johnson needs to turn to crypto before the EU turns on him

    Is this the technology he says will solve the upcoming headaches?

    On Wednesday former London Mayor and ridiculous human being Boris Johnson will take over as U.K. Prime Minister. The nation’s 160,000 Conservative members were eligible to vote in the contest and 87.4% turned out to vote. This means that the 92,153 citizens who voted for Boris Johnson got to make the selection on behalf of 66 million U.K. residents. In other words, one Conservative party member got to speak for 715 citizens. The upcoming hard-Brexit date of October 31 is going to be a Nightmare on Downing Street, but Johnson could ease Britain’s currency crisis by investing in cross-border crypto payments such a Facebook’s Libra.

  • If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    Money transmitter SWIFT adds cryptocurrency capability with R3’s Corda

    The current bank transaction intermediary is playing catch-up with the speed, but not cost, of blockchain

    Bank transaction intermediary SWIFT announced on June 24 that if its current proof-of-concept test is successful, it will incorporate R3’s Corda enterprise distributed ledger technology (DLT) into its new high-speed payment confirmation platform, Global Payments Innovation (gpi).

  • That XRP logo is moving very fast (via Shutterstock).
    Ripple,  XRP

    Ripple and MoneyGram announce deal

    The partnership can cut the cost of remittances from as much as $30 to fractions of a cent

    Ripple has announced a partnership that will bring blockchain technology to MoneyGram, a leading global money transfer firm that operates in more than 200 countries. As part of the deal, Ripple has committed $50 million to MoneyGram, which it can draw on in exchange for equity over the life of the two-year deal.

  • A very sloppy way to hold currencies is to pile them all like this (via Pixabay).
    Cryptocurrencies

    eToro launches exchange, stablecoins

    The social trading firm’s eToroX crypto division is based and regulated in Gibraltar

    Social trading and brokerage company eToro’s blockchain division, eToroX, announced the launch of a cryptocurrency exchange and the release of eight stablecoins on April 16. The exchange will initially list six cryptocurrencies including the top five by market capitalization: bitcoin, ether, XRP, bitcoin cash, and litecoin, as well as 13th-ranked dash.