Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28.
Madigan, a Wall Street veteran with about 14 years of experience at major global investmentbank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales and Strategy for 14 months, according to her LinkedIn profile.
The former Goldman Sachs executive has reportedly joined Ripple to lead the Global Institutional Markets team to attract more institutional investment to crypto space, as she said in [...]
Blockchain companies in Malta are reportedly struggling with opening bank accounts, local news outlet the Times of Malta reported on Mar. 1.
The Times of Malta allegedly contacted a number of legal firms and financial companies, who confirmed that banks were declining their applications to open bank accounts, saying that it was beyond their “risk appetite.” The sources reportedly said that banks did not differentiate between digital currency and blockchain, though they were not always connected.
Parliamentary Secretary for Financial Services Silvio Schembri reportedly told the Times of Malta that some banks were willing to [...]
The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news was reported by business news outlet the Gulf Today on Feb. 7.
The MoF will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies and building a feasible economic environment around the two technologies. The conference participants will also discuss the development of Small and Medium Enterprises (SMEs) and the governance of digital assets.
The MoF will also hold an open session [...]
The news is rife with wild promises made by blockchain advocates and the exaggerated suspicions of its opponents. By enabling the creation of cryptocurrencies such as bitcoin, ether, and XRP, blockchains have made some people fabulously wealthy while also, at times, facilitating fraud and money laundering. Although the technology is still in its early stages, we can attest—not least, because one of us serves on the board of a financial technology company that developed one of these cryptocurrencies—that it has enormous potential.
But so far, little has been written about the blockchain’s potential uses in the national security space, where blockchain technology could be [...]