10/18/2019
Nearly 75% of German Consumers Would Reject Facebook's Libra: Survey
The rejection of Libra among the over 35 age group is significantly higher than among younger consumers.
Bitcoin, Blockchain & AI
10/18/2019
Chamber of Digital Commerce Releasing the First Ever Comprehensive Report on Canada’s Blockchain Ecosystem
On a global scale, spending on blockchain solutions by companies and governments is projected to hit almost USD$16 billion in 2023.
10/18/2019
Singapore robo offers cannabis fund
The cannabis and uranium sectors have underperformed and ETFs focused on these themes can be value plays, Kristal AI says.
10/18/2019
Italy’s tax treatment of cryptocurrencies: The risks and opportunities
This keeps crypto-assets fixed in the attention of investors and experts.
10/18/2019
Blockchain Startup Backed By Big Banks Ushers In New Era Of Banking
Ram notes that the Fnality platform will not supplant systems that are currently in place for traditional banking.
10/18/2019
Bitcoin News: 18 Millionth BTC To Be Mined Today, Only 3 Million Left
In May 2020, the scheduled "Bitcoin halving" will take place wherein the reward for Bitcoin miners for solving a block that connects transactions will be down to 6.25 from 12.5 Bitcoins.
10/18/2019
Here’s What Regulators and Fintech Executives See for Digital Currency
Here are some of the insights from their discussion around the disruption in the current payment system, which was described as costly, inefficient and inconvenient, and inaccessible by large swaths of the unbanked.
10/17/2019
Bitcoin’s Latest Swoon Raises the Risk of Key Technical Breach
Largest cryptocurrency trades at lowest level since June
10/17/2019
Celsius Network aims to take the risk out of risky crypto-lending biz
Celsius today announced support for four new stablecoins through a partnership with TrustToken in a continued bid to take crypto lending mainstream.
10/17/2019
Bermuda starts accepting stablecoin ‘USDC’ for tax payments
Bermuda’s official support for USDC is part of the government’s broader initiative aimed at supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services.
10/17/2019
Singapore’s First Blockchain Trade Financing Platform Launched
«Given the rapid technology shifts in the market today, we will continue to focus on digitalization and customer experience to transform the way we finance our corporate customers, thus adding value to our services.
10/17/2019
Legal & General Re harness blockchain
The company said the platform is able to drive every step of the pension risk transfer reinsurance value chain, including pricing, claims handling, financial reporting and collateral, using data stored on the blockchain.
10/17/2019
UBS opens blockchain-based trade platform to clients
Thanks to the innovative solution, companies can execute, secure and finance trade transactions digitally and easily. Transactions via the we.trade platform stand out due to increased security, transparency and improved cash flow planning.
10/16/2019
UAE regulator seeks feedback on draft crypto asset rules
Securities and Commodities Authority calls on all relevant parties to provide feedback on draft crypto regulations by October 29
10/16/2019
MeleCoin not registered to operate in Dubai, financial authority warns
The company is said to be a clone of Melicoin, a company that the DFSA has authorized to operate.
10/16/2019
Ripple to Bring Blockchain Technology to Finastra’s Banking Customers
Customers will be hosted on Ripple’s cloud solution which will significantly improve speed of integration with other network partners and allow for faster upgrades.
10/16/2019
China wants centralised digital currency after bitcoin crackdown
Yi did not say what shape the currency would take
10/16/2019
Amid FinTech/FI Pacts, Governments Join Development Efforts
The memorandum between the Hong Kong Science and Technology Parks Corp. and the United Kingdom’s Department of International Trade would allow for repeated visits to the respective countries by a number of FinTech startups and enterprises each year
10/15/2019
Emirates NBD to provide trade finance solutions to Digital Silk Road
New digital platform is a Dubai 10X initiative to simplify trade processes
10/15/2019
New IRS guidance on taxation of virtual currency
While this guidance confirms much of our understanding of the tax treatment of virtual currency transactions, it may come as a surprise for some taxpayers.