Igor Mikhalev is an expert principal at BCG helping clients develop business models with blockchain technologies and digital currencies. Kaj Burchardi is a Managing Director with BCG and leads the blockchain practice of BCG/Platinion globally. Digital currencies hold a long-term promise to change the way nations, corporations, and people transact […]
Digital
8 posts
Online retailer Overstock has finally distributed its digital dividend to shareholders. The digital security was issued as Series A-1 shares on a 1:10 basis to all Overstock shareholders with a record date of April 27, 2020, according to a press release Tuesday. Called OSKTO, the dividend can now be freely […]
Visa looks to be laying the groundwork for a future in which fiat currencies, like the U.S. dollar, could be easily turned into a central bank digital currency (CBDC). The California-based payments giant, which processes upwards of 100 million transactions every day on average, has filed a patent application for […]
The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday. Speaking at CoinDesk’s Consensus: Distributed virtual conference, Governor Harvesh Seegolam said the Republic of Mauritius would be embarking on a pilot in the near future, though he declined to share […]
CipherTrace, a blockchain analytics partner of governments and cryptocurrency exchanges, is pitching itself to a fresh clientele: central banks. The crypto investigations firm announced Tuesday that it is establishing a central bank digital currency (CBDC) initiative. As described by chief financial analyst John Jefferies, the outreach effort will seek to […]
A key lawmaker in the California Assembly has proposed exempting a narrow set of digital assets from the state’s definition of corporate securities. The proposal, introduced Tuesday as an amendment to legislation first submitted by Majority Leader Ian Calderon (D-57), would free “digital assets” that are “presumptively not an investment […]
Securitize is rolling out a common identification system for its customers that it hopes will streamline the know-your-customer (KYC) process for all participants in the security token ecosystem. The company announced its new identification service, Securitize ID, Thursday, saying any individual who completes their KYC process with the transfer agent […]
One of Asia’s largest crypto exchanges by trade volume, OSL, has teamed with U.S. enterprise startup Monsoon Blockchain to further asset and money digitization. OSL, which targets institutional and individual investors with trading, brokerage and custody services, is seeking to establish “a digital asset powerhouse” in the U.S. and Asia […]