Managers of Wealth Fintech

Bitcoin Is Making a Splash. What to Know Before You Test the Crypto Waters.

That profile describes Bitcoin, of course, and it is having a moment.

DBS rolls out AI-powered investment advisory feature

DBS is also amalgamating the customer knowledge assessment and customer account review assessments a customer must take and pass before being permitted to invest in more sophisticated products.

Coinbase’s crypto party enters wild stage

The digital exchange is gearing up for the biggest float since Facebook. Believers and doubters agree it’s a landmark moment

AI giant to accelerate UK growth with $475m financing

Founder and CEO Ted Bailey told BusinessCloud that the money – which values Dataminr at more than $4 billion – will be used in part to “significantly broaden our international footprint”.

Is China setting the future agenda for central bank digital currencies?

The Chinese policymakers realise that even if China is on top of the world economic order, it is highly likely that the USD will maintain its dominance

Cryptocurrency users beware: IRS targets unknown taxpayers via John Doe summons

The summons require the crypto exchanger to produce records identifying all such taxpayers falling above this US$20,000 threshold, along with any documentation related to their cryptocurrency transactions.

State Street tech to back crypto trading platform

The platform, which is slated to go live by the middle of the year, aims to be go-to platform for institutional investors seeking an allocation to Bitcoin.

JP Morgan uses blockchain to improve global transfers

Confirm - the latest application on JP Morgan's blockchain-based Liink - is currently being tested with 12 Taiwan banks for money transfers via PayDirect into Indonesia.

Singapore Warns Public Against Crypto as World Warms to Bitcoin

MAS chairman says cryptocurrencies ‘highly risky’ investment

E-krona needs further investigation - Riksbank

The main purpose of the pilot project is for the Riksbank to increase its knowledge of what form a central bank digital currency might take and showing in a test environment how this e-krona could be used by the general public.

Nice Actimize unveils tool to cut compliance risk for wealth management and insurance firms

Already adopted by a number of leading global FSOs, SURVEIL-X Suitability combines communications surveillance, sales practices and suitability, and Regulation Best Interest (Reg BI) surveillance in a single, integrated cloud-native platform.

The Swiss Stock Exchange Welcomes New Product Issuer SEBA Bank

With the listing of four new ETPs tomorrow, SEBA Bank is joining SIX as the third new crypto ETP issuer this year and thereby further enlarging the choice of tradable products with a crypto-currency underlying at the Swiss Stock Exchange.

Should PayPal Be Worried About Your Country’s Central Bank?

Digital currency issued by nation states may cut out the middleman. But would that change the world for the better — or the worse?

Coinbase’s Nasdaq Listing Fuels Frenzy in Korean Crypto Stocks

Hanwha Investment, a holder of Dunamu, has more than tripled

Thai central bank to test retail baht digital currency next year

A retail CBDC is a digital form of money issued by a central bank comparable to physical banknotes.

DTCC, ING in security token interoperability trial

The core concept is for investors associated with any institutional network to be able to buy digital securities from any token platform.

Eastern Caribbean's Digital Currency DCash Goes Live

The ECCB hopes to increase opportunities for financial growth, competitiveness, and resilience for citizens of the ECCU. The DXCD pilot will address the following recurring issues.

Currency.com: A Unique Trading Platform Offering Tokenized Securities

Currency.com prides itself as a first-of-its-kind cryptocurrency trading platform that also offers a full spectrum of non-crypto assets including stocks, indices, and commodities just to name a few.

How South African businesses use Bitcoin to evade tax

This cash is provided to a “crypto agent” who converts it into Bitcoin and transfers it to a personal wallet.

Bank of Japan to begin digital currency tests

As necessary preparations are now complete, Proof of Concept (PoC) Phase 1 begins today.

Bitcoin, Blockchain & AI