Day: December 12, 2019

Asian stocks were mixed, and U.S. and European futures drifted Thursday after the Federal Reserve signaled U.S. interest rates will remain unchanged throughout 2020 amid a solid economy. Treasuries held gains and the dollar remained lower. Asian Stocks The MSCI Asia Pacific Index rose 0.6% as of 7:08 a.m. in London. Topix index slipped 0.1%. Australia’s […]

JPMorgan’s blockchain-based payment network will launch in Japan in early 2020. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment transactions as well as address major challenges of sharing data between banks. If all goes as planned, the IIN service would launch in Japan in January, as communicated to […]

Blockchain payments processor BitPay has added support for three stablecoins – Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX). BitPay’s roll out will allow over 30,000 merchants, including Microsoft and Avnet, to accept payments in the three stablecoins from consumers. BitPay’s wallet users, as well as its prepaid cardholders, will […]