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2018-11-12 17:33
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brainfeed
brainfeed
8y
VISA Crypto
What does it mean if Visa are hiring people with crypto expertise? Could one of the largest payment processors be looking to integrate crypto into their payment platform? It certainly looks like it. But
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brainfeed
8y
The end of Binance?
Binance, the biggest crypto exchange seems to have stepped over a line. It seems the T&C allow them to ask for ID before withdrawing funds. This is contrary to most peoples understanding of the anon
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brainfeed
8y
Canada Rules
The problem with making it difficult to join the 'financial system' is a double edged sword. The fin industry & it's regulators have been so focused on 'control' and diomination of the crypto industry
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brainfeed
8y
Australia ramps up crypto
Interesting that Australia and Canada both make announcements in regards to crypto coins on the same day. Are they trying to get in front of the game? of playing catch up? When will the extra regs start
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brainfeed
8y
Citi dumps JPM coin concept
Citi have come out and denounced the JPM "internal coin" concept. Stating they prefer to use Swift rather than an own coin. Interesting given Swift is now underpinned by XRP So Citi has fallen
brainfeed
brainfeed
8y
USA vs UAE
As the USa states fight over 'rules & regs" and how to 'control' crypto the UAE is figuring out how to expand them, embrace them, and earn as well as save costs with them. Are we seeing a shift
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brainfeed
8y
FB coin rollout
Perhaps an error or perhaps an indication of pending action. The addition of a FB coin on the platform in Italy is interesting in so many ways. But in the bigger picture, having FB adopt / intro any coin
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brainfeed
8y
388 times?
Not 400x, or 350x, but 388 times. What a strange number to quote in a headline. (msg?)(to who?) But great news, Ding Dong, the witch is dead, or at least it looks like BIS is on the ropes. What will they
brainfeed
brainfeed
8y
Coinbase own goal
Talk about shooting onself in the food. After handing over user data to fb_i and then all sorts of strange goings on Coinbasechanges it's fee structure. TL;DR If you trade / invest less than $100K of coins
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brainfeed
8y
Crypto Law makers
Back in the day, law makers who understood little about the technology, had flag wavers walking in front of every motor vehicle.
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brainfeed
8y
Visa Bans
A blunt instrument can do the most damage. And when a payment processing organisation targets a country the people living there daya to day are the ones that suffer. In fact those people have very little
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brainfeed
8y
IBM stable coins
When JPM came out with an 'internal' coin to be used just by them the whole internet asked "what for". Now IBM are planning to creat a coin/payment method, except they are going to base it on
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brainfeed
8y
Canda looks at rule making
In a bizarre proposal Canada looks to create some rules for cryptos. Do these people live under rocks? or perhaps they never thought crypto would be a 'thing'? After one of the industries biggest scandals
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brainfeed
8y
Tether and stable coins
Stable coins, so named because they are 'tied' to something, typically the US$ or other currency. So when Tether changes it's web and seems to indicate that while its coins are 1:1 with the US$, they may
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brainfeed
8y
Quad-gate news
In a new turn of events, it seems personal funs were mixed with business funds. While normally strange, the companies banks accounts had been frozen and funds needed to be paid out. Then add in the news
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brainfeed
8y
Paxos - Gold Crypto
Crypto back by something tangible rather than work product related is required to establish a 'money' function for the blockchain. Several countries have looked at oil, others gas or other natural resources.
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brainfeed
8y
NYT - Blockchain publishing
It would be rather odd if NYT had not heard of the Steem blockchain. Interesting that it does not get a mention in the article. Perhaps the NYT are looking for a paywall type blockchain? Time will tell
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brainfeed
8y
SEC clarifies ETH is not a security
On request of US House rep the SEC head has confirmed that ETH is NOT a security. Does that mean the SEC 'rules' don't apply? Does that mean ETH is the only crypto that is not a security? What about those
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brainfeed
8y
Crypto KYC
The whole concept around KYC is to know who is doing transactions, because they could be bad actors, involved in criminal stuff. But that is a bit like saying, everyone who uses fiat cash to buy a coffee,
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brainfeed
8y
The unUnited USA
Texas wants to pass laws re crypto but KYC is a big thing. Ma looks to embrase what it has so far rejected. Ohio accepts Tax payments in crypto. And on the list goes. The very un-united USA seems to be
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