QUOTE OF THE DAY
“What is harder than rock, or softer than water? Yet soft water hollows out hard rock. Persevere.”
Happy Friday everyone!
We've got a relatively quiet morning today in crypto-land, so I'm just checking in and saying hi.
Okay that's all.
Oh, and remember...seize the day!
Gates Foundation Launches Blockchain-based Mobile Payments Solution
According to CoinTelegraph, the Bill and Melinda Gates Foundation has launched the Mojaloop open-source payments software to provide an interoperability layer between financial institutions, payment providers, and other companies offering payment services to the poor and unbanked people around the world.
Switzerland Awards First AML/KYC Licence To Bitcoin Compan
Payment gateway Payment21’s owner has become the first Bitcoin company to gain full regulatory compliance from Switzerland's financial regulator.
(Oh, and, KYC know Your Customer is a collective term for the processes which companies employ in order to confirm their customers' real identities. KYC may also be used to refer to government regulations outlining these processes. The purpose of maintaining KYC policies is to prevent such crimes as financial fraud, identity theft, money laundering and terrorism financing.)
Managing Director Bernhard Kaufmann commented:
“We are committed to meeting the legal requirements of the Swiss financial marketplace. Our handling of compliance issues enriches the digital currency ecosystem, and demonstrates that Swiss regulators embrace competitiveness in financial services, and truly encourage Fintech innovation in the digital era.”
Good stuff for crypto.
You can read more about this here.
THINGS I LIKE
Why Ethereum Entering the Valley Will Be Powerful
Nice little article about Ethereum and how it makes its way to Silicon Valley (where I think it has already been for a WHILE).
You can check out the article here.
(None today, but here's a chart)
My Current Sentiment: Bearish.