• A MoneyGram neon sign in New York (via Wiki commons).
    XRP

    MoneyGram confirms massive XRP use in Mexican peso transactions

    The money transfer service’s partnership with liquidity provider RippleNet now accounts for 10% of its Mexican business, and is set to go global

    The head of MoneyGram confirmed today that the global money transfer company has been using XRP cryptocurrency to exchange U.S. dollars and Mexican pesos extensively since July.

  • Martine Paris interviewing Facebook's Kevin Weil at SF Blockchain Week (via @GCODigital).
    Libra

    Full speed ahead for Calibra, says Facebook’s Kevin Weil | Interview

    Libra’s co-creator on scaling blockchain for financial inclusion

    It’s been a pretty intense month for the Libra Association, whose stablecoin has come under intense scrutiny from the U.S. Congress and the G7 over fears of destabilizing the global financial system when it launches next year.

  • All the most important people together: G20 Finance Ministers and Central Bank Governors meeting, Spring 2019 (via the Japanese Ministry of Finance).
    Cryptocurrencies,  Regulation

    Beware of central bankers bearing crypto

    Central bank digital currencies are all the rage, but a new report finds they pose serious risks to financial stability in bad times—and to privacy at all times

    Central bank digital currencies are all the rage, but making them work is far easier said than done, according to a new report. While there are many potential benefits from a central bank digital currency (CBDC), they also bring serious financial risks, according to IBM Blockchain and the Official Monetary and Financial Institutions Forum (OMFIF).

  • President Xi Jinping of China, speaking to G20 summit in Hamburg on July 7, 2017 (via Wiki commons).
    Asia & Australia,  Bitcoin

    No, China’s President Xi Jinping didn’t cause a Bitcoin rally

    Pundits and maximalists are just trying to see what they want to see

    Like 1960s campus radicals, Bitcoin maximalists are enthusiastically praising the wisdom of a leader of Communist China. That’s because President Xi Jinping called for his country to “take the leading position in the emerging field of blockchain.”