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
Bitcoin, Blockchain & AI
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.
10/15/2019
UBS implements we.trade blockchain
We.trade promises an up to 90% cheaper process thanks to distributed ledger technology.
10/15/2019
CME Says Bitcoin Futures Gaining Interest From Big Investors
The average daily volume of contracts traded during the quarter was 5,534, up 10 percent from the year-earlier period.
10/15/2019
Vevue Partners with CBX Exchange for Initial Auction Offering
Social Media Platform is Selling an Initial 5 Million Security Tokens
10/14/2019
Blockchain invites applications for third conference in Ghana
It said the Conference would feature Plenary Sessions, Key Note Presentations, Panel Discussions and Exhibitions focusing on Blockchain technology and its applications.
10/14/2019
Proof of Trust selects IBM to build out new Blockchain Network to enhance provenance and Smart Contract validation
Built for use across multiple dApps and blockchain networks, the technology is designed to assure settlement only when inputs are validated by a set of delegates.
10/14/2019
How Bitcoin Is Increasingly Used by Millennials to Boost Africa’s Growth
Bitcoin and blockchain technology are offering services to those who are looking for ways to free themselves from traditional financial services or to those who cannot access these services.
10/11/2019
Bank of America looking to recruit project manager for Ripple Project
Recently-closed job ad suggests that Bank of America is starting to warm up to crypto
10/11/2019
Transaction banking's trailblazers
All of the people we profile have strong opinions, but not one claims to know it all.
10/10/2019
Banking giant UBS officially implements we.trade blockchain
The Swiss bank revealed it went live on we.trade at the start of October, providing services to small and mid-sized enterprises.
10/10/2019
A.I. will cut 200,000 American bank jobs over next decade, researchers say
Increasingly sophisticated automation technology can save big money for banks by paring down the workforce.
10/10/2019
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
Resolving a long-standing question, the guidance says new cryptocurrencies created from a fork of an existing blockchain should be treated as “an ordinary income equal to the fair market value of the new cryptocurrency when it is received.”
10/09/2019
China Could Be the Big Winner of Saudi Arabia’s Race to Become a Tech Hub
Beijing is a natural partner to fast and cheap development, but Riyadh should be wary of alienating its allies.
10/09/2019
Ripple to Bring Blockchain Technology to Finastra’s Banking Customers
Collaboration will enable financial institutions using Finastra’s solutions to make fast and reliable cross-border payments
10/09/2019
“Use Bitcoin”: Swiss Government Narcs on 3.1M Foreign Bank Accounts
The FTA sent information on approximately 3.1 million financial accounts to the partner states and obtained information on approximately 2.4 million accounts.”
10/08/2019
German Finance Minister Open to Eurozone Crypto to Respond to Libra
The crazy thing is, the creation of government-backed crypto assets is gaining traction from people in high places.
10/08/2019
Using AI for safekeeping capital investments and portfolio optimisation
There are several ways in which we can apply AI strategies in order to solve the main challenges faced by wealth managers today.
10/08/2019
EU finance commissioner pledges to regulate digital currencies
The EU currently has no specific regulations on cryptocurrencies, which, until Libra was unveiled in June
10/08/2019
SFC sets terms for crypto funds
The Hong Kong securities regulator has published its licensing requirements for the territory’s virtual asset fund managers.