The world’s fourth-largest bank by market cap has announced it will develop its own cryptocurrency for international transfers in 2020. World’s 4th Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT). Payments will work using a dedicated platform and asset called Wells Fargo Digital Cash. Pegged to the
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Bitcoin and its underlying technology blockchain are reinvigorating the law intended to create jobs: The Jumpstart Our Business Startups Act. Blockchain To Get the JOBS Act Right The Jumpstart Our Business Startups Act, colloquially known as the JOBS Act, is a law intended to create jobs in the United States. The concept behind it is to encourage funding of small businesses by easing various securities regulations. President Barack Obama signed JOBS into law in April
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