J.P. Morgan to Issue JPM Coin Stable Coin

J.P. Morgan this month became the first U.S. bank to create and successfully test a digital coin representing a fiat currency. The JPM Coin is based on blockchain-based technology enabling the instantaneous transfer of payments between institutional accounts. Here’s a link to the original article published by J.P. Morgan outlining details around the JPM Coin https://www.youtube.com/watch?v=dNpIajqV82M

Crypto-Banning Banks Impact Mastercard Q1 Volume

The crypto-banning big banks are creating a negative impact on cross-border payments and transaction volume for Mastercard. According to a recent earnings call reported by Seeking Alpha, the restrictions on crypto-currency by mega-issuing banks including JPMorgan Chase, Bank of America, Bank of Montreal, Capital One and Citi has led to a decline in Mastercard’s cross-border … Read moreCrypto-Banning Banks Impact Mastercard Q1 Volume

Mint partners with BLOCK512 LLC to enhance its platform with blockchain technology

The Mint Corporation (TSX-V:MIT) (“Mint”) is pleased to announce that it has established a subsidiary called Mint Block Corp. (“Mint Block”) which intends to develop intellectual property and applications leveraging blockchain technology with Mint’s existing FinTech platform. To accelerate the development and speed to market of this subsidiary, Mint Block has entered into a memorandum … Read moreMint partners with BLOCK512 LLC to enhance its platform with blockchain technology

Seoul To Develop Own “S-Coin” Cryptocurrency

South Korea’s mayor Park Won-Soon announced plans for their own cryptocurrency called S-Coin. The plan is for the coin to support city-funded social benefits programs as well as drive broader funding opportunities for the advancement of Blockchain related technology and start-up companies. “As Seoul is the world’s leading city in the field of information and … Read moreSeoul To Develop Own “S-Coin” Cryptocurrency

Bermuda Blockchain Working Group Members Announced

Bermuda Blockchain Working Group

Bermuda Blockchain Task Force team members were announced through a press conference on November 22, 2017 led by the Premier, the Hon. David Burt, JP, MP. The task force will look to advance the regulatory environment and develop Bermuda as a destination for Utility Tokens, Tokenised Securities, Cryptocurrencies, and Coin Offerings. The task force has … Read moreBermuda Blockchain Working Group Members Announced