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Jason Simon emphasizes the position Dubai is taking to advance cryptocurrency

Cryptocurrencies, and in particular Bitcoin, have been making headlines lately, but several surveys have shown that there is still a global lack of understanding about what they are and how they work. The AIBC summit was recently held in Dubai to try to bridge that knowledge gap and Jason Simon, a FinTech and cryptocurrency expert, [...]

June 13th, 2021|News|

Jason Simon discusses how China’s crackdown on cryptocurrency mining isn’t deterring miners

Chinese cryptocurrency miners are “fire-selling” their equipment. The country has announced that mining will no longer be allowed and, even if the crackdown has not been converted into regulation, it appears that many miners have been put off by the hostility. Instead of closing up shop, however, some miners are looking to relocate their operations [...]

June 13th, 2021|News|

Jason Simon explains the importance of El Salvador’s acceptance of Bitcoin

El Salvador has just become the first country in the world to officially and legally recognize cryptocurrency as a form of money. After its president, Nayib Bukele, announced new legislation that would make Bitcoin (BTC) legal tender, it didn’t take long for the measure to be approved by lawmakers and converted into law. The entire [...]

June 13th, 2021|News|

Jason Simon provides expert input on the benefits of end-to-end payment solutions

Historically, business operators have had to be able to understand every aspect of the system, from the pad to the payment gateway, to acquiring or processing, to having suppliers for every part of the chain. As a result, many merchants of all sizes, particularly those operating a small business, have a new demand on their [...]

June 9th, 2021|News|

Jason Simon provides insight into China’s crackdown on cryptocurrency mining

At the end of last month, China’s State Council signaled that it was going to crack down on cryptocurrency mining. Bitcoin’s (BTC) price plummeted by 30% as a result, and the entire industry was a little concerned. Chinese Vice Premier Liu He told a group of finance officials that the government would “clamp down on [...]

June 7th, 2021|News|

Jason Simon discusses digital payment trends that improve the client experience

The evolution of the Internet and new technologies has completely changed our habits, especially in terms of consumption. For years, payment has been one of the main concerns that have emerged with digitization. It is an inevitable step in the customer experience. It needs to be analyzed in order to transform it, depending on changes [...]

June 4th, 2021|News|

Jason Simon explains why stablecoins aren’t on the same level as cryptocurrencies

Stablecoins could undermine global financial stability and the world's major economies must address this risk by implementing an appropriate regulatory framework. It should be noted that when the first cryptocurrencies were created, they were conceived as elements of exchange, not savings. However, at present, due to the actions of their users, cryptocurrencies experience large fluctuations [...]

May 23rd, 2021|News|

Jason Simon explains how FinTech is helping revolutionize payment processing

The term FinTech has been defined by the Financial Stability Board as the process of innovation in the financial sector led by technology. As a result, new processes, applications, or business models are being developed that change the production or supply of financial services. New technology is modifying areas of established entities and new purely [...]

May 17th, 2021|News|

Jason Simon explains FinTech and its benefits to business growth

More and more companies are offering innovative and attractive services based on new technologies for the financial sector, the so-called FinTech. This growth is due to the benefits for the companies that decide to contract these services. Their use has many advantages over traditional financial services, regardless of the type of company that uses them. [...]

May 12th, 2021|News|

Cryptocurrencies gain mainstream access to Latin American consumer markets

Cryptocurrencies are reaching a tipping point in Latin American payments, as multiple entities, from global payment networks to central banks, begin to embrace digital money. Driven by their lower-cost method of transferring funds, the consumer market across Latin America is embracing crypto and beginning to adopt it at record speed. Although clear regulations would give [...]

May 7th, 2021|News|
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