MARKETS DAILY HOLIDAYS: DeFi?

news Payments giant Mastercard is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3. In an announcement on Wednesday, Mastercard said the two firms have inked a deal to “develop and pilot” the payments solution. It will initially be aimed at connecting faster payments schemes and banks backed by Mastercard’s clearing…

news Despite being set up in Geneva, Facebook’s Libra project has not responded to a request by Switzerland’s data privacy regulator for more information. The Swiss Federal Data Protection and Information Commissioner (FDPIC) had requested further details on Libra to assist in its oversight of the planned crypto project. “The FDPIC is currently waiting for…

The crypto economy never rests, seemingly jumping from one hype narrative to another in the form of inspired tokens that niche short-term traders can profit from.Nearly four hundred different GROK tokens have been released by anonymous developers over the weekend, running to a combined market capitalization of tens of millions of dollars, which has let

Aug 12, 2020 at 13:38 UTC(Piotr Swat/Shutterstock)What Today’s Robinhood Rally Has in Common With the Last Crypto BoomJill Carlson, a CoinDesk columnist, is co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system. She is also an investor in early-stage startups with Slow…

news R3 struck a strategic partnership with Dubai-based fintech startup, Wethaq, to build next-generation financial architecture for Islamic capital markets. Wethaq, a “platform-as-a-service” firm, aims to use R3 Corda’s blockchain to manage the pre-sale, issuance, management and financialization of Sukuk securities, Islamic financial certificates similar to bonds. According to the International Islamic Financial Market Annual…

New crypto money laundering rules needn’t completely stop transfers to countries that don’t follow international norms, the U.K.'s Financial Conduct Authority (FCA) said in guidance published Thursday.Controversial new measures known as the travel rule, requiring crypto operators to identify the sender and recipient of funds transfers, are already legislated to take effect in the U.K.…

Nov 12, 2020 at 1:00 p.m. UTCChainalysis Wants to Help the Feds Sell Millions in Forfeited BitcoinChainalysis is preparing to help its government clients sell the same trove of forfeited cryptocurrencies the blockchain tracing company often assists in tracking down.On Thursday, Chainalysis unveiled a program for storing and selling forfeited crypto in partnership with confiscated…

Jan 6, 2021 at 11:35 p.m. UTCUpdated Jan 6, 2021 at 11:39 p.m. UTCCryptocurrency total market value Total Cryptocurrency Market Value Hits Record $1 TrillionThe total value of all cryptocurrencies passed $1 trillion Wednesday for the first time ever, per CoinGecko‘s index of 6,124 assets. At its prior peak in late 2017, the market’s total…

With the price of BTC down by more than $8K and an opportunity to trade your crypto for a New York City bar (or two), CoinDesk’s Market’s Daily is back with the latest crypto news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io and this week’s special product launch:…