Microsoft’s Smith: Let Governments Handle Digital Money - FinTech Brief

Home
News
Regulatory
Featured Article

Written by FinTech News Brief Staff

CFPB Gives Green Light On 'No-action' Templates to Bolster Innovation
The Consumer Financial Protection Bureau (CFPB) issued two separate “No-Action Letter Templates” with the hope of sparking innovation at a time when homeowners and consumers are struggling with the prolonged financial fallout of the COVID-19 health crisis. The letters are designed to provide regulatory clarity to relevant entities by providing assurances the CFPB will not take action against them, under… Read more...
Popular Article

Written by FinTech News Brief Staff

FinTechs Look to Bolster Legal Teams to Deal with New Regs: Bloomberg
A review of job-posting data has shown fintech companies have a growing interest in compliance… Read more...

Written by FinTech News Brief Staff

SEC to Focus on Blockchain at 2019 Fintech Forum
The Securities and Exchange Commission announced the concept of digital assets and distributed ledger technology… Read more...
Most Recent

Regulators Make Call for Input on Growing Use of AI in Banking

Crypto Market Seems to Like the Idea of SEC Chairman Gensler

Gensler Tips Hand on How He’ll Treat Crypto If Confirmed to SEC Post

China Lays Out 5-year Regulatory Plan Aimed at Curbing Fintech Consolidation

Australian Senator: 'The Future is Technology By Blockchain'

DOJ Issues New Framework Taking Hard Look at Cryptocurrency Crime

Protecting Consumers: Crypto Derivatives Ban in UK, CFTC Enforcement Record
Security
Featured Article

Written by FinTech News Brief Staff

Blockchain Hacks Drop Dramatically
In recent years, hackers lifted an enormous $14 billion from blockchain-related attacks. However the number of successful attacks appears to be dropping drastically, according to data from Atlas VPN. Read more...
Popular Article

Written by Jacob Roberts

Alibaba, the Supply Chain, and Changes in China
It is well known that China has been the biggest… Read more...

Written by Jacob Roberts

Predicting Machine Failure with Big Data
The fourth industrial revolution is on the rise. This time,… Read more...
Most Recent

Blockchain Hacks Drop Dramatically

Bitfinex Will Pay Handsomely to Ensure Recovery of Hacked BTC

McAfee Bolsters 'Ghost' Brand with New Data-service

Winklevoss Gemini Exchange First of Its Kind to Win Top Security Classification

Fintech Fraud Target of Trade Group, FTC

6 Steps to Data-Driven Transformation

Alibaba, the Supply Chain, and Changes in China
Robo-Advisors
Latest Article

Written by Jacob Roberts

KASHOO REVAMPS PRODUCT
Online software vendor Kashoo is forming focus group to react to the new features in its software. The Vancouver, B.C.-based company wants feedback on the new features and focus group members may also participate in testing before a broader release this fall. Read more...

Written by Jacob Roberts

NET@WORK ACQUIRES IMS
Net@Work has acquired Inventory Management Solutions, the New York-based reseller said this week. IMS provides fixed asset inventory services and training for the Sage Fixed Assets Software Solutions. Read more...
Popular Article

Written by Jacob Roberts

KASHOO REVAMPS PRODUCT
Online software vendor Kashoo is forming focus group to react… Read more...

Written by Jacob Roberts

NET@WORK ACQUIRES IMS
Net@Work has acquired Inventory Management Solutions, the New York-based reseller said… Read more...
Most Recent

Blockchain Hacks Drop Dramatically

Bitfinex Will Pay Handsomely to Ensure Recovery of Hacked BTC

McAfee Bolsters 'Ghost' Brand with New Data-service

Winklevoss Gemini Exchange First of Its Kind to Win Top Security Classification

Fintech Fraud Target of Trade Group, FTC

6 Steps to Data-Driven Transformation

Alibaba, the Supply Chain, and Changes in China
Cryptocurrency
Featured Article

Written by FinTech News Brief Staff

Post Office, 'Digital Dollar' Among Potential Fixes for Stimulus Payment Debacle: Panel
Congress took a deep dive into ways fintech might improve future economic stimulus efforts as coronavirus-related injections have been fraught with delay and recipient frustration. Proposals ranged from offering bank accounts backed by the Fed, to creating a U.S.-backed digital currency, to using the post office as a vessel for banking services. Read more...
Popular Article

Written by FinTech News Brief Staff

Experts Expecting Monster Valuation After Coinbase IPO
Some analysts are anticipating cryptocurrency exchange Coinbase Global will hit a valuation upwards of $100… Read more...

Written by FinTech News Brief Staff

Youtuber Retrofits 1989 Game Boy to (Slowly) Mine BTC
Youtuber Stacksmashing has converted a 1989 Nintendo Game Boy into a Bitcoin mining rig. So… Read more...
Most Recent

Experts Expecting Monster Valuation After Coinbase IPO

Youtuber Retrofits 1989 Game Boy to (Slowly) Mine BTC

Microsoft’s Smith: Let Governments Handle Digital Money

ALICE Game Token Jumped 60,000% in Seconds

Crypto Almost An 'Investable Asset Class': Morgan Stanley Report

JPMorgan Giving Clients New Opportunity to Gain Crypto Exposure

As Square Adds BTC, It Now Represents 5% of Its Cash Equivalents
Blockchain
Contracts
General
People
Subscribe!

Estimated reading time: 0 minutes, 23 seconds

Microsoft’s Smith: Let Governments Handle Digital Money

Friday, Mar 26 2021

Written by FinTech News Brief Staff

font size decrease font size increase font size
Print
Email

Microsoft President Brad Smith said he believes governments are more suited to issue currencies and criticized fintechs for infringing on their space. So reports Yahoo! Finance.

microsoft 80658 640small To that end, Smith, speaking at an International Settlements conference, said he has not encouraged his own company to issue digital currencies. The article also points out Facebook has been working toward launching a stablecoin now called “diem,” but it has run into myriad regulatory obstacles.

Read the full article from Yahoo! Finance.

Read 66 times

Rate this item

1
2
3
4
5

(0 votes)

More in this category: « ALICE Game Token Jumped 60,000% in Seconds Youtuber Retrofits 1989 Game Boy to (Slowly) Mine BTC »

Most Read

- Mar 26 2019
- Written by FinTech News Brief Staff
Blockchain Market on Pace to Hit $20B
The blockchain technology market is on pace to skyrocket through…
- Jan 20 2019
- Written by FinTech News Brief Staff
FinTechs Look to Bolster Legal Teams to Deal with New Regs: Bloomberg
A review of job-posting data has shown fintech companies have…
- Apr 27 2019
- Written by FinTech News Brief Staff
SEC to Focus on Blockchain at 2019 Fintech Forum
The Securities and Exchange Commission announced the concept of digital…
- Jan 09 2019
- Written by FinTech News Brief Staff
Ripple CEO Points to Regulation As Key to Adoption
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…

FTB

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.