February 19  – February 25, 2020 | JP Morgan Blockchain Report, Toronto Blockchain Week, and More


3iQ’s Top 5 Digital Asset Stories of the Week
February 19 – February 25, 2020

JPMorgan: Blockchain is Laying the Foundation for Digital Money

Bloomberg | February 21, 2020

In a new 74-page report, JPMorgan highlights several projects that have shown a ‘real world’ application for blockchain within finance, describing 2019 as the year of “the rise of digital money”. The major bank suggests that the “groundwork is now in place” for the mass adoption of blockchain through “payments, trade finance, and custodial services”, which they describe are the “clearest use cases” for blockchain.

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Toronto Blockchain Week Announces its First Events

CoinTelegraph | February 24, 2020

The annual gathering is expecting to see its greatest turnout, with 50 different events expected through April 2nd to 9th. Toronto Blockchain Week will feature major conferences, networking events, dinners, and feature presentations from some of the brightest minds within the Canadian blockchain industry.

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G20 Urges Countries to Adopt FATF Rules on Cryptocurrencies

CoinDesk | February 24, 2020

Finance ministers and central bank members from the G20 are urging countries to push a wider adoption of standards on cryptocurrency exchanges to disclose client information. “We urge countries to implement the recently adopted Financial Action Task Force (FATF) standards on virtual assets and related providers,” said a joint communication paper.

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Sweden’s Central Bank Begins Testing Digital Currency, e-Krona

The Block | February 21, 2020

The central bank of Sweden, Sveriges Riksbank, has begun to test its digital currency dubbed the “e-krona”. The e-krona could be the world’s first central bank digital currency (CBDC), working as an alternative form of cash tailored for making payments, deposits, and withdrawals though a mobile app.

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What Happens to Your Bitcoin After You Die?

CoinDesk | February 24, 2020

A group of 20 developers have collaborated in London to experiment with re-purposing the current Bitcoin Lightning protocol to send private messages as a “dead man’s button” in efforts to create a system to pass self-custodied bitcoin down safely to heirs.

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2020-03-26T16:10:53-04:00 February 25th, 2020|