Santander, the fifth-largest bank
in Europe issued an “end-to-end” debt-based bond on the Ethereum’s public
blockchain.

The Chief Financial Officer of
Banco Santander stated, “Santander is at the forefront of the profound
digital transformation of the financial sector, and this transaction is one
example. We want to take advantage of any technology that can accelerate that
process so that our customers thrive and be faster and more efficient, and
blockchain is one of those technologies.”

Santander will be making the bond
issuing process very efficient by making the entire process fast and
efficient.  Eventually, they will be
eliminating several intermediaries in the process. They are digitalizing the
whole process.

Ethereum was not
able to break beyond the $185 range, and analysts are predicting a
breakout.  Bitcoin is not very decisive
on the price trends either.  ETH was not
able to sustain the $184 mark despite touching upon the price three times over
the past five days.

Ethereum
enthusiasts think that it is the calm before the storm.  The price action unveils an upward movement
in the forthcoming days.  The price might
hit the 270 dollars range according to ETH optimists.

Cryptocurrency is
becoming very attractive to institutional investors.  Analysts suggest that investors should wait
until $140 through $150 range before they can buy ETH.  There is a lot of uncertainty around all the
cryptocurrencies about how they will fit in the overall global financial
landscape.  This is true with small-cap
tokens like TCAT tokens and other significant Altcoins as well.

Cybercriminals
continue to use cryptocurrency to generate illicit profits.  They continue to exploit different modules
and methods to profit from cryptocurrency.

Payments using cryptocurrency are already a reality now in several financial transactions, and very soon, it will become a common everyday thing.  There is an increasing interest among investors to transact using cryptocurrency.  Governments from across the world are taking proactive steps to regulate potential payments using cryptocurrency.

Newer rulings
are introduced to determine the taxation on cryptocurrency earnings.  Rulings are becoming increasingly clear,
about how the legislation will provide both employees and companies with
guidelines on how the taxation should be handled.

Rulings are a
progressive approach towards digital government services, and the jurisdiction
is showing a willingness to understand the evolving needs of the cryptocurrency
payment system.  They are exhibiting an
openness to develop systems that will permit comfortable use of cryptos just
like the fiat system.    

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