Mastercard CEO Ajay Banga to step down / Bank for International Settlements (BIS) In-Depth On CBDCs / DeFi and Etherum’s Coming of Age
March 7, 2020
Another smashing week for FinTech, DeFi (Decentralized Finance) and the Open Banking landscapes. In this week’s edition — Mastercard CEO Ajay Banga to step down. Bank of International Settlements (BIS) admits to pondering and goes in-depth on Central Bank Digital Currencies (CBDC). The Bank of Canada has no plans to issue its own digital currency unless a competitor to cash takes off. Merchantrade has received BNM approval to increase its Visa enabled multicurrency e-wallet. Germany recognizes Bitcoin as a legal financial instrument. The Blockdata team provides a full breakdown of Forbes latest Blockchain 50 list. DeFi’s is having its moment, yet building DeFi sucks, and Flash (Loan) attacks will be the new normal. In 2019, twenty-four FinTech unicorns were born-how many will rise in 2020?. Learn how to have DeFi pay for your lunch (brilliant read). KPMG says crypto custodians have ‘tremendous’ growth potential (get ready for this category to expand in 2020). For MORE and to keep you up to speed, here’s a snapshot of the top stories this week around the industry.
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Mastercard CEO Ajay Banga to step down / Bank for International Settlements (BIS) In-Depth On… was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.