Mastercard CEO Ajay Banga to step down / Bank for International Settlements (BIS) In-Depth On…

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.

BONUS #1: I recently released the latest Q1 2020 edition of my . This is now the fifth edition of the landscape I’ve released and includes 747 companies (900+ total unique companies including broader key Ecosystem players) and more than $22 bn in funding raised across the landscape from 2010–2020 — over $18 bn invested since 2017! — Noticeable cycles emerging and full breakdown available.

A full 60 min video overview of the landscape is now available here and free for all. In the video, I breakdown the 2020 landscape, provide a summary of 2019, emerging trends for 2020, DeFi, Libra, CDBCs, Stablecoins, DApps, and more!

Source: Topio Networks

Don’t want to wait until next week, Subscribe Now 📥 for real-time industry insights around Blockchain, DeFi, DApps, and more!


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.