What's happening in cryptocurrency?
Ripple's diversity, JP Morgan getting sued, Caribbean crypto, eUSD stablecoin, crypto Agtech.
1. Variety when the strife is rife
Cryptocurrency isn't just for individuals to cut out banks. It has also opened the door to a disruption in money transfers by many tech companies.
Ripple is one of the biggest on the block, but as competition heats up it looks to diversify.
2. An ex-gruntled ex-customer
JP Morgan is getting sued for abruptly charging cash advances on cryptocurrency purchases.
And for doing so without telling its customers first.
3. A vacation from real money
The Caribbean Tourism Organisation is exploring the possibilities of cryptocurrency payments in the region.
There might be some sound economic reasons for the interest.
4. "Havven you heard?"
"Nomin. Heard what?"
The eUSD stablecoin system has gone live with Ether.
5. Grain, but on the blockchain
Australian agtech startup BlockGrain was one of the first to market. You can tell because they managed to get the name "BlockGrain" before it was taken.
It has rolled through several initial funding rounds, but still has a ways to go.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO
This information should not be interpreted as an endorsement of cryptocurrency or any specific provider,
service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and
involve significant risks – they are highly volatile and sensitive to secondary activity. Performance
is unpredictable and past performance is no guarantee of future performance. Consider your own
circumstances, and obtain your own advice, before relying on this information. You should also verify
the nature of any product or service (including its legal status and relevant regulatory requirements)
and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
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