Monthly Archives: March 2021

Despite some initial misgiving and resistance, cryptocurrency is now a legitimate form of currency that is going to continue to play a more important role in world finance. One of the biggest examples, and most controversial at the same time, is the introduction of the digital yuan by China’s government. Jason Simon, a FinTech and [...]

The nature of the global financial ecosystem is constantly changing. Since first introduced thousands of years ago, money has constantly evolved, but has also advanced along one common thread. Governments have always controlled how currency works. Cryptocurrency, which has now celebrated its ten-year anniversary, breaks the monetary paradigm and puts control of currency in the [...]

Early last year, while he was still President of the US, Donald Trump implemented what was called “Phase One” of a trade deal between the US and China. It was designed to alleviate some of the tension that had been building as the two countries fought the so-called trade war over the years and would [...]

When the first cryptocurrency, Bitcoin, was introduced, it was designed as a peer-to-peer currency that cut out the middleman, namely, banks. The idea was to give consumers control over their money and provide a means to allow the world’s unbanked population to gain access to financial instruments. The cryptocurrency ecosystem has morphed somewhat since then, [...]

In general, entrepreneurs are forward-thinking people who are willing to go out of their way to offer a new solution or alternative to an existing problem. Alternatively, they can develop a new way to view existing products or services that will allow them to become attractive in a slow market. Elon Musk covers both of [...]

FinTech, or Financial Technology, is a financial industry that applies new technologies to financial and investment activities. The word FinTech is a compound term that comes from joining the first syllable of the words Finance and Technology, meaning that it is a word that arises from the union of two and brings together all those [...]

PayPal previously kept cryptocurrencies at arm’s length, unwilling to allow its customers to use the payments platform for anything related to buying, selling or trading digital currencies. Late last year, the company made a surprise announcement when it revealed that it was reversing that long-standing position. PayPal’s acceptance of digital currencies is potentially monumental for [...]

While he was serving as President of the United States (POTUS), Donald Trump implemented a lot of new policies in an effort to balance trade relationships between the country and China. The ongoing US-China trade war may still not have a clear path to resolution for either of the two countries, but could prove to [...]