June 6, 2020
- Japanese Crypto Exchange, DeCurrent to Study Digital Currency Settlement
- Crypto Startup School Is Now Offering Courses ( Crypto Education) On How to Build Your Own Crypto Company
- Ex VP of Coinbase Antonio Alvarez Joins Crypto.com as Head of Compliance
- Nimrod Lehavi, CEO of Simplex, aims to Drive Faster Crypto Adoption Worldwide
Japanese Crypto Exchange, DeCurrent to Study Digital Currency Settlement
This came when the introduction of digital payments in the mainstream has become a hot topic around the world. Announced on Thursday, the study group will include participation from three Japanese “megabanks” – Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation – along with a few companies and experts.
The group will be chaired by Hiromi Yamaoka, the former head of the payment and settlement systems department at the Bank of Japan. The primary purpose of the study group will be to examine and discuss challenges and solutions concerning digital currencies and digital settlement infrastructure.
It will also try to create a consensus towards the industry and present a direction for standardizing services and infrastructure.
Source: Financemagnates | Image Source:
Crypto Startup School Is Now Offering Courses ( Crypto Education) On You How to Build Your Own Crypto Company
Andreessen Horowitz’s Crypto Startup School is partnering up with Techcrush and brought together 45 participants from around the U.S. and overseas in a seven-week course to learn how to build crypto companies with the help of Crypto Education. This provides a new tool to bootstrap decentralized networks.
Students were taught how familiar ideas like network effects and mechanism design can hold unique power for crypto networks.
In the first presentation, Andreessen Horowitz crypto partner Ali Yahya discusses “Crypto Business Models.” Yahya explains that the consensus mechanisms of blockchains create trust among independent participants in decentralized networks and on week three, they focused on understanding how to capture value and design proper incentives within the decentralized framework.
Source: Techcrunch | Image Source:
Ex VP of Coinbase Antonio Alvarez Joins Crypto.com as Head of Compliance
Crypto.com, a digital asset financial service provider, announced on Thursday the appointment of Antonio Alvarez as its chief compliance officer. Before joining Crypto.com, he spent a few months in Coinme as its chief compliance officer after heading the same at Coinbase.
Before moving to the digital asset industry with his Coinbase role, he spent three years at Yapstone as chief compliance officer and Western Union for 3 years before that.
Commenting on his new position, Alvarez said: “I’ve long admired Crypto.com for its foundational commitment to security, compliance, and risk management as a prerequisite to building a trusted, globally recognized brand in financial services.
“Antonio brings to the table his unique experience covering both traditional financial services and cryptocurrency — a clear match to Crypto.com’s vision of effectively and compliantly bridging the two worlds.
Source: Financemagnates | Image Source:
Nimrod Lehavi, CEO of Simplex, aims to Drive Faster Crypto Adoption Worldwide, following Crypto Education
On June 4th, 2020 DigiFinex sat down with Lehavi to discuss the ups of using credit cards as payment for crypto.
It is critical to make the introduction easy and fast with the credit card payments as this allows us to immediately bridge the gap between credit card payments and crypto for traders globally. To accelerate the adoption, there is a need to build a fiat gateway to grow our ecosystem and to increase adoption.
It is still in its early stages where most of the world’s money is still in fiat.Nimrod Lehavi A serial entrepreneur, hacker, maker, geek as well as a crypto head. Is Simplex investing or ready to invest in any blockchain company?
Source: DigiFinex | Image Source:
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