Blockchain Weekly – January 24th, 2020

Blockchain Weekly features short summaries of the five biggest headlines from the world of blockchain.

Welcome to the first Blockchain Weekly update from Blockdata. With the World Economic Forum wrapping up today in Davos, it’s been a very busy week for blockchain and anyone following it. CBDCs (central bank digital currencies) have been a particular focus, with WEF releasing their toolkit for CBDC deployment.

Survey says: CBDCs are progressing across the globe [The Block]

The Bank of International Settlements (BIS), also known as the central banks’ central bank, has released the results of a survey indicating that central banks worldwide are “undertaking extensive work on central bank digital currencies (CBDCs).” Besides major economies like China, strides are being made by central banks in emerging market economies (EMEs).

Accenture and former CFTC officials partner up to push for digital dollar [Coindesk]

Three former senior officials at the Commodity Futures Trading Commission in Chicago have teamed up with Dave Treat, co-Lead of Accenture’s Blockchain Business, to push for a US-built central bank digital currency (CBDC). This follows a glut of recent announcements from other countries looking to create a digital version of their fiat currency. For more information on the Digital Dollar Project, check their press release.

Ripple might IPO in the next twelve months [Coindesk]

Ripple CEO Brad Garlinghouse has suggested that of the IPO events expected to occur in the blockchain space over the next year, Ripple expects to be “on the leading side of that” trend. This statement comes just a month after they raised a $200 million Series C to improve global payments.

Gemini receives thumbs up from auditor Deloitte over security standards [Coin Telegraph]

Digital currency custodian and exchange Gemini has successfully completed a SOC 2 Type 2 evaluation of its security compliance. Gemini, founded by the Winklevoss twins, has placed a heavy emphasis on regulatory compliance and high security standards.

Julius Baer partners with SEBA to release digital assets services [Ledger Insights]

Julius Baer, Switzerland’s third largest private bank, is now offering customers digital assets services thanks to its partnership with SEBA (which JB has a minority stake in). SEBA, which offers digital asset custody, liquidity, trading, and other services, was founded in 2018 and granted a FINMA banking and securities dealer license 6 months ago.

*Bonus Libra mention*

Libra announces steering committee to govern technical development [Ledger Insights]

Project Libra, an initiative launched by Facebook in 2019 to create a digital currency pegged to a basket of currencies, has launched a steering committee to guide technical development. The committee is comprised of executives at Anchorage, Union Square Ventures, Calibra (a subsidiary of Facebook), Mercy Corps, and Bison Trails.

Want to see more news stories like these? Blockdata processes hundreds of articles a week and allows you to filter by industry, use case, or thousands of other data points. To sign up for a free trial, go to blockdata.tech.

Want to get this every week? Sign up below!
0 Shares:
Leave a Reply

Your email address will not be published. Required fields are marked *