With 320 million users, Spotify is looking for a Deputy Director to join the Payments Strategy & Innovation team. The new candidate will ensure greater consideration of new opportunities and innovations in the emerging ecosystem of distributed ledger technology, blockchains, cryptocurrencies, fixed coins, Central Bank Digital Currencies (CBDCs) and other digital assets.
PayPal Spreads Payment System with Cryptocurrencies
At least 65% of people who use the Paypal app to trade bitcoin are ready to use the best cryptocurrency to pay for goods and services at 28 million stores supported by the worldwide payment company.
USA Introduces Bill Requiring Banking Agreement for StableCoin Transactions
The US Senate submitted a new bill to Congress to secure federal control over the stablecoin industry and to secure bank contracts. Circle CEO and co-founder Jeremy Allaire said that if the law passed, it would constitute a huge step backwards for digital currency innovation in the US and limit the accelerating progress of both the blockchain and fintech industry.
Morgan Stanley Predicts Dollar Collapse To Bitcoin Rise
Morgan Stanley predicts another 10% depreciation in the dollar index in the next 12 months in 2021. It increases the chances of Bitcoin rallying above $ 20,000, he says.
Vitalik Buterin's New Roadmap in Ethereum
Vitalik Buterin has released the updated version of the Ethereum roadmap. He announced that stages 1 and 2 have been removed. The new roadmap has made the steps independent, which means developers can work on them in parallel. Although the transition to Ethereum 2.0 has begun, the transaction is expected to take at least 1 year to finish.
Decrease in Bitcoin Locked to Ethereum Network
The value of Bitcoin locked on the Ethereum network increased from zero to $ 2 billion in five months. But sudden spikes in the Bitcoin spot price reduced the number of Bitcoins locked. In the last 12 days, the amount of Bitcoin in the Ethereum network has decreased from 153,591 to 147,350.
Bitcoin Liquidity Will Be Difficult, According to Grayscale
According to Grayscale's statement, it predicts that corporate companies have been buying Bitcoin since the first quarter of 2020, so there will be a liquidity shortage in finding Bitcoin. It shows that institutions create big positions and all Bitcoins are transferred to cold wallets, thus creating a supply shortage.
S&P Dow Jones Indices to Launch Cryptocurrency Indices in 2021
S&P and New York-based virtual currency company Lukka said in a statement that S & P's customers can work with the index provider to create customized indices and other benchmarking tools on cryptocurrencies. This move by the S&P Dow Jones Indices could help cryptocurrencies become more global investments.
CBDC Statement from Deputy Governor of the Bank of Canada
Vice President of the Bank of Canada Timothy Lane claimed that Canada's central bank digital currency, CBDC, will launch earlier than expected. In February, they aim to eliminate cash acceptance and the emergence of a digital currency.
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