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Jack Martin

Jack Martin's Observations 202 Articles
Banks   -   Jun 04, 2023 Apple Savings Account Customers Can’t Withdraw Due to Security Measures
Apple Savings Account Customers Can’t Withdraw Due to Security Measures

Apple’s Goldman Sachs-run savings account attracted 240,000 new customers in its first week of launch, but many have complained of problems withdrawing their money. Experts have suggested that this may be down to the over-zealous application of anti-money laundering measures.

Jack Martin
CBDC   -   Jun 02, 2023 ECB Market Research/Prototyping Confirms Feasibility of Digital Euro
Digital euro ECB report on prototype

The European Central Bank has published reports on its recent market research and prototyping activities, during which it was both told, and shown, that launching a digital euro CBDC to its currently proposed specification is inherently possible.

Jack Martin
NFT   -   May 29, 2023 Binance Launches NFT Lending With Instant Liquidity and Zero Gas Fees
Binance NFT lending

The exchange will initially support ETH loans using NFTs from a selection of four collections as collateral, with a Loan-to-Value ratio of up to 60%.

Jack Martin
Newsletters   -   May 28, 2023 Sunday Review 28/05/2023
Observers Sunday Review

Fans of fast cars, luxury yachts and excessive wealth will be focusing their attention on Monte Carlo today for the jewel of the Formula 1 season, the Monaco Grand Prix. Meanwhile, for the rest of us fans of fast cars, luxury yachts and excessive wealth, we take a look back

Jack Martin
Adoption   -   May 26, 2023 DRW and SocGen Execute Intraday Repo Transactions Using Broadridge DLR
DRW and SocGen Execute Intraday Repo Transactions Using Broadridge DLR

The two companies and a third unnamed global tier 1 bank carried out the repurchase agreement transactions on Broadridge’s Distributed Ledger Repo platform. The functionality enhances the possibilities for intraday liquidity management.

Jack Martin
Regulation   -   May 25, 2023 UK Parliament Suggests Crypto Trading Should be Regulated as Gambling
House of Commons Treasury Committee Regulating Crypto

The Treasury Select Committee says unbacked “cryptoassets” have no intrinsic value or useful social purpose and retail trading is more like gambling than financial services. Bad news for the UK Government’s plan to make the country into a crypto hub.

Jack Martin
Scam   -   May 24, 2023 Amazon Token Scam is Back and Spoofing CoinMarketCap’s YouTube Channel
Amazon AMZ token presale scam AMA44X AMA55X az44t scam AMX59K

Scam videos purporting to be from CoinMarketCap or Youtube bloggers are tempting viewers with access to an Amazon token presale… which obviously isn’t real, so please, please, please don’t send any cryptocurrency if you ever want to see it again.

Jack Martin
CBDC   -   May 23, 2023 Ripple to Demo Tokenized Real Estate Solution for Hong Kong CBDC Pilot
Ripple to Demo Tokenized Real Estate Solution for Hong Kong CBDC Pilot

The Hong Kong Monetary Authority launched its e-HKD Pilot Programme last Thursday. The scheme will involve 16 firms from the finance, payments and technology sectors, including Ripple, which will showcase a real estate tokenization solution.

Jack Martin
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