FinTech Update: October 2019

The following is news from September and October: Bakkt Offers Physically-Settled Bitcoin Futures Up to this point, all Bitcoin futures have been ‘cash-settled’, meaning that the seller of the future delivered cash at the settlement date, and no bitcoin was ever transferred. And while those futures are still popular, Bakkt is offering an alternative that…

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FinTech Update: September 2019

Singapore Accepting Applications for Digital Banking Licenses The Monetary Authority of Singapore (MAS) will accept five applications this year, three of which for “restricted digital banks” and two for digital all-inclusive banks. The move is a historic one for Singapore, which has been slow to lay down a framework for financial technology adoption. Cielo Launching…

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FinTech Update: June 2019

Bitcoin Comes to Whole Foods and Other Major Retailers Flexa recently announced the launch of its new mobile payment app, SPEDN, that will allow users to spend ETH, BTC, BCH, and the Gemini Dollar as easily as it is to use Apple Pay. Flexa revealed that SPEDN was created in partnership with Gemini exchange and…

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