Are you wondering what we have been reading this month? Have a look at our July staff picks and have fun!
From our Compliance team
Wirecard’s June insolvency filing left many crypto companies relying on Wirecard’s card payment services to hit the panic button. Crypto payment services seem to be hitting the mainstream but this news made us aware how intricate the process really is. Check out how original (cards) and new (crypto) fintech are working out their respective obstacles.
Regulations regarding cryptocurrency are evolving. The US is the trendsetter in terms of adoption and regulation even though the system is difficult to navigate. In the EU, regulation still depends on the classification of cryptocurrencies. In 2020 the 5th AML Directive required all crypto exchanges to register with financial regulators.
From our Product team
Ecological sustainability is a topic not often associated with the crypto industry. In comparison with the traditional money rails the impact of crypto is likely still small but in this post, David Schwartz takes a look at how Proof-of-work mining and Consensus compare when it comes to environmental impact.
Jimmy Song is a long-time Bitcoin developer and author of two books on Bitcoin, one of which he wrote in just four days. In this interview, he talks about how he stumbled upon Bitcoin, his opinions on altcoins, blockchain, decentralized finance (DeFi) and projects on and off the Bitcoin blockchain.
Mastercard has announced its Mastercard Accelerate programme, aimed specifically at startups in fintech. After Wirex secured its principal membership, others are bound to follow as Mastercard offers a single entry point into a huge financial market with accompanying access to the latest technology, insights and security services.
Our Blogs for July 2020
- XRP Ledger
- GateHub Update, Criminal Proceedings in France
- XRPL Wallets
- Hosted Wallets
- How Cryptocurrency Exchanges Work?
- Account vs. Wallet vs. Exchange
- What is the Internet of Value
- GateHub Gets a New Look
- Wallet Reimagined
- July 29 - GateHub redesign