FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

BLOCKCHAIN WATCH 05/22/17

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Blockchain mania has not swept corporate treasury offices, but treasurers are taking notice. European treasurers who attended last week’s annual corporate treasurer conference in Manchester, U.K., said “they are wondering how to use technical solutions around centralized currency hedging, automation of risk management, bitcoin and distributed ledgers.” Read more in, “It’s Technology that Makes Corporate Treasurers Wonder.”


Bitcoin price tops $2,000. Bernard Lunn of the Daily FinTech wrote this item earlier in the week, when the price was only $1,800. It’s a situation of extremes. “The relentless price rise leads to two stories. One is “this is a bubble” and the other references price targets over $1 million per Bitcoin. Our take is that both are true, depending on your timeframe.”