This number of FinTech Weekly could not but talk about the recent events in the crypto space. Even stablecoins were affected by the recent downturn in the market: countries like the United Kingdom and the United States want to set specific regulatory frameworks for this class of digital assets. In the meanwhile, Do Kwon still wants to bring Terra Luna back to life.
This and much more in this number of FinTech Weekly, the newsletter where you can find the most relevant fintech news and the most important fintech conferences around the world.
The United Kingdom is among the countries that focus on stablecoins to adopt these digital currencies and incorporate them into national economic systems. But after the recent chaos in the crypto space, further regulation is needed according to the country.
Decentralized Finance. Lineup: Tim Schuld (ISSUA.org), Alexandre Lores (TheLatestBlock.com), Yang Lan (Fiat24) and Mona Tiesler (Tokentus). FinTech & InsurTech Europe online meetup for founders, techies, VCs, corporates, consultants, freelancers in financial services.
Do Kwon is making headlines after the troubles with Terra Luna, but now the co-founder of the blockchain proposes a new blockchain, Terra, as a fork of Terra Luna. If this proposal is accepted by the community, the new blockchain will go live by the end of May.
Also the United States wants further regulation for stablecoins. The Securities and Exchange Commission (SEC) discusses this topic especially after the shock that hit even stablecoins.
Banks and fintech companies have some points in common, but competition among them is a reality. Despite this, relationships among “older” and new financial companies are always more common, as reported by Banking Circle.
The Swedish fintech Dreams, focused on financial well being, partners with Mastercard to create new and more sustainable banking products.
The tech giant Google launches its Google Wallet and new virtual cards. The goal is not only to provide more easy-to-use payment methods, but also more secure tools that will also allow users to store credentials, digital tokens, payment methods and much more.
Chris Crespo interviews Karina Rothof Brix (Firi) to discuss the risks involved in a wider adoption of crypto assets and what this means for Web 3 and future businesses.
Allseated is about to launch a new meeting platform – the Meetaverse. It’s not like the Metaverse, but it recreates a 3D environment when users will be able to meet in a familiar place.
Zilch, the fintech company focused on BNPL (Buy Now, Pay Later), is about to launch its business also in the US. Philip Belamant, co-founder of the company that is already partnering with Mastercard, said that Zilch wants to create BNPL 2.0 to further innovate the industry and cooperate directly with users.