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US Mulls Launching 'Digital Dollar' - New Delhi Times - India's Only International Newspaper

June 5, 2021
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A top Federal Reserve official raised eyebrows in the financial services world last week by saying that the central bank is stepping up development of a plan that could result in the issuance of a digitized version of the U.S. dollar. In doing so, she indicated that the U.S. is joining a growing movement among major economic powers to rethink how money will be exchanged in the future.
The U.S. would not be the first country to consider launching what is known as a “central bank digital currency,” or CBDC. China is taking a leading role. But the significance of the dollar to global trade and the world economy in general makes the Fed’s interest in the project especially meaningful for the development and acceptance of what would amount to a form of digital “cash.” ....

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Innovative Lending Platform Association promoting transparency – Bankless Times

Innovative Lending Platform Association promoting transparency
A representative of one of the founding companies behind the Innovative Lending Platform Association said their efforts are helping consumers make sense of what can be a confusing sea of lending options.
OnDeck vice president of external affairs and general counsel Daniel Gorfine said OnDeck, Kabbage and Can Capital came together in partnership with with the Association for Enterprise Opportunity to help small business owners make apples to apples comparisons between a variety of products, each with their own merits and situations where they are the best options for customers.
Daniel Gorfine
“There are lots for products which serve the needs of small business owners, but all have different characteristics,” Mr. Gorfine explained. “The way they are explained and their pricing metrics presented are done in different ways.” ....

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Financial Risk monitoring co Solidus Labs raises $20m

Financial Risk monitoring co Solidus Labs raises $20m
The firm seeks to transform financial risk monitoring, beginning with the new challenges posed by crypto and digital asset markets.
Crypto-native risk monitoring and market surveillance company Solidus Labs today announced it has completed a $20 million financing round as part of its series A funding, led by Evolution Equity Partners, with participation of Hanaco Ventures, 645 ventures, FTX and Avon Ventures.
This funding round also includes angel investors with vast regulatory, compliance, capital markets and cybersecurity experience such as former CFTC Chair Christopher Giancarlo, former SEC Commissioner Troy Paredes, former CFTC Chief Innovation Officer Daniel Gorfine, StarCompliance Founder Marc Epstein, International Securities Exchange Founder David Krell, AngelList Founder Naval Ravikant, SecurityScorecard Founders Sam Kassoumeh and Aleksandr Yampolskiy, serial entrepreneur Jeff Fagnan and Takoma Group Founde ....

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Solidus Labs Announces $20 Million A Round, to Enable Safe Crypto Markets and Transform Financial Risk Monitoring

Solidus Labs Announces $20 Million A Round, to Enable Safe Crypto Markets and Transform Financial Risk Monitoring
newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.

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Solidus Labs Announces $20 Million A Round, to Enable Safe Crypto Markets and Transform Financial Risk Monitoring

Solidus Labs Announces $20 Million A Round, to Enable Safe Crypto Markets and Transform Financial Risk Monitoring
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