2019 October

According to Cointelegraph, the European Central Bank (ECB) has published a paper on stablecoins saying that stablecoins with a clear governance framework may be hampered by the uncertainty of the lack of regulation. The ECB published the paper called “In search for stability in crypto-assets: are stablecoins the solution?” on 29th August. It describes the

Maerki Baumann, one of Switzerland’s private banks based in Zurich, has reported that it is embracing crypto assets, following a flood of demand from at least 400 of its customers. The move comes at a time when Swiss private banks are under pressure, and Maerki Baumann, which is one of the smaller banks, is turning

According to EY’s Global Fintech Adoption Index 2019, “96% of the 27,000 consumers surveyed (across 27 global markets) reported they were at least aware of a FinTech transfer or payments service — and 75% had used one.” The survey also identified growth in the SME market across the key categories of banking and payments, financial

According to an EIU report the competition between the established retail banks and the fintech newcomers, including digital-only banks and those in payments solutions, is heating up. The EIU reports states that big tech companies like Google, Facebook, Apple and major payment players such as WeChat Pay, Alipay and PayPal are viewed as the biggest

There are many advantages to Lendo having a presence in Singapore, which we have written about before. Now, we are delighted to announce another one that will please many people, and not just the Lendo team: the Singapore government has proposed to exempt specific digital currencies from its Goods and Services Tax (GST). The report