Visa Files Patent For Blockchain Digital Fiat Currency

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News Date: May 15, 2020

Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. The filing is for a fiat-linked cryptocurrency system using a private distributed ledger technology (DLT).
Source:bitcoin.com

Apollo gold-backed cryptocurrency of The United Allied States UAS

United Allied States (UAS) is an independent, sovereign entity with the determination to become the freest and most prosperous nation on Earth. The nation promotes the values of freedom; respect for human life; and free-market enterprise.
Official website:uas.govt.agency
UAS is pleased to announce a partnership with Apollo Fintech, a leading technology company developing interconnected solutions for government including blockchain systems.
Apollo to create a gold-backed currency for the country in conjunction with the CBZ Bank of Zimbabwe.
Official websites:aplfintech.com, apollocurrency.com
News & Media:
1. United Allied States (UAS) Shares Vision to Build a Global Nation of Sovereign States
2. Apollo Shaping Fintech Using Government Utility Solutions
3. Zimbabwe Going Gold Standard with Advanced Financial Technology (Fintech)

PayPal, Venmo to Roll Out Crypto Buying and Selling

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.
Source:coindesk.com

Visa Files Patent For Blockchain Digital Fiat Currency

Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. The filing is for a fiat-linked cryptocurrency system using a private distributed ledger technology (DLT).
Source:bitcoin.com

Crypto-Currency Act of 2020

US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine.
The bill clarifies which federal agencies regulate which type of crypto assets. It's crucial that America remains the global leader in cryptocurrency, the lawmaker said.
Source:congress.gov

The Black Pope is dead! Adolfo Nicolas, former superior general of Jesuits, dies in Japan

The Jesuit General Curia in Rome has announced that its former superior general, Father Adolfo Nicolas, died on May 20 in Tokyo, Japan. He was 84. He was a member of the Jesuit community of Loyola House in Kamishakujii and had been ill for several years.
Source:ncronline.org