10/06/2020
UK Financial Conduct Authority Bans the Sale of Crypto- Derivatives to Retail Consumer
These features mean retail consumers might suffer harm from sudden and unexpected losses if they invest in these products.
Bitcoin, Blockchain & AI
10/05/2020
The first crypto bank to appear in the US
Kraken exchange becomes licensed to form a bank and offer digital assets services.
10/05/2020
Blockchain and sustainability event planned for start of Bermuda Technology Week
As part of the event, on October 13 Penrose will host a pitch competition for upcoming industry leaders in the blockchain space in partnership with angel and entrepreneur network, BitAngels.
10/04/2020
National digital currencies may become another sphere of competition
The key element of such systems will be national digital currencies, also known as Central Bank Digital Currencies (CBDC).
10/01/2020
US presidential candidate champions blockchain banking
An independent presidential candidate and banking entrepreneur has testified before the Wyoming Legislature regarding the benefits of blockchain banking
10/01/2020
Central Bank Digital Currency: An Argument For A Cashless Society?
As important as having money it became equally important to have means by which money could be transferred instantly and in real time.
10/01/2020
Bittrex Sets Up New Cryptocurrency Exchange in Bermuda
The launch of Bittrex’s subsidiary in Bermuda comes shortly after it terminated its services for the users in seven countries.
10/01/2020
Nigerians bypassing bank transfers with crypto
Experts give vital insights to why Nigerians are fast adopting crypto, and the advantages crypto assets bring.
09/30/2020
Bahrain’s Central Bank authorizes U.K’s Fasset to test blockchain-based solutions
The announcement, however, did not expand on whether Fasset would acquire any additional permits.
09/29/2020
Booming Africa crypto adoption sparks regulation concerns
The rapid growth of blockchain technology in Africa has raised concerns over a heavy-handed regulatory response that would hinder local innovation.
09/29/2020
Crypto Industry Responds to FATF Red Flag Report
New guidance from the FATF has been welcomed by the crypto industry, despite the compliance challenges it presents, writes Nathan Smale at Emfarsis.
09/25/2020
ConsenSys wins Hong Kong central bank digital currency project
The aim is to ‘build a proof-of-concept (PoC) where a THB-HKD cross-border corridor network is set up as a bridge between the Inthanon and the LionRock networks”.
09/24/2020
UK Information Commissioner's Office publishes guidance on artificial intelligence and data protection
The guidance offers a framework for how businesses can assess and mitigate these risks from a data protection perspective.
09/24/2020
Booming African crypto adoption drives concerns over regulation
African crypto adoption has exploded in 2020, prompting fears of a heavy-handed regulatory response
09/23/2020
A Bitcoin ETF Finally Launches...in Bermuda
Companies have struggled for years to get a Bitcoin ETF approved in the US. Now, the Bermuda Stock Exchange will have one.
09/23/2020
Standard Bank to use Contour letter of credit blockchain
Contour was founded by seven banks, Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, SEB, and Standard Chartered.
09/22/2020
Adriano Lucatelli: «Picked on Bitcoin, But Meant Investors»
There are too many cryptocurrencies – several thousand of them.
09/22/2020
How Merrill, Schwab, Fidelity Are Using Tech to Build Values-Based Portfolios
Big firms are using AI and machine learning to help clients build individualized portfolios that align with their values.
09/22/2020
World’s biggest sovereign wealth fund now owns cryptos
Norwegian Government Pension Fund owns almost 600 Bitcoin through its investment holdings.
09/21/2020
ECS Fin To Test Apifiny's Blockchain Program
It is designed to settle payments within seconds, and to work with multiple assets and asset classes, unlike previous incarnations, according to the release.