Managers of Wealth Fintech

South African Tax Authority Seeks to Track Crypto Trades

The South African Revenue Service is to take appropriate steps to tax crypto gains.

Bitcoin futures trade near $20,000 in debut on world’s biggest exchange

The ability to place a short bet on bitcoin without having to first borrow the underlying security is one of the appeals of the futures market.

Deutsche Bank rolls out AI-based equities trading platform in APAC

The platform also incorporates momentum detection, which allows it to change behaviour in trending markets or make a fast switch at inflection points.

South Africa Wants to Track and Tax Bitcoin Trading

The South African tax man revealed that Sars is working with similar agencies from different countries on implementing new policies for tackling the issue

US Government to Sell Off $10 Million in Seized Bitcoin and Bitcoin Cash

The order further said that cryptocurrencies will be sold and converted into US dollars

NCR First in the UAE to Introduce Bitcoin-Enabled ATMs

NCR Corporation announced that it has teamed-up with CoinHub, a cryptocurrency exchange in the UAE, to enable users to make cash withdrawals from their cryptocurrency account at the ATM

UBS chairman warns of ‘bitcoin bubble’

“We as a bank have very consciously warned against this product, because we do not consider it valid and sustainable,” said Weber.

Bitcoin boom brings new scrutiny from Washington

“It’s something that they’re just trying to get their arms around,” said a lobbyist representing financial services companies.

German exchange Deutsche Boerse mulls launch of European bitcoin futures

German exchange Deutsche Boerse looking at launching bitcoin futures trading.

Wealth management blockchain platform promises new standard for ICOs

It sounds a bit like timeshares for posh people.

Vanguard eyes blockchain technology for index funds

Vanguard said it would adopt the system in early 2018 if current testing is successful.

Someone is selling a ‘spectacular’ penthouse in Miami — but they’re only accepting bitcoin

A penthouse in Miami is selling for the equivalent of about $547,000.

Funds complete first secondary market securities trade on ILSBlockchain set up by Guernsey ICC

Solidum Re Director Cedric Edmonds said the trade was created, executed and confirmed on the ILSBlockchain in a matter of minutes.

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The involvement of Saudi Arabia's central bank is notable, given that the institution to date has not commented on the tech or indicated that it was looking into potential use cases.

Follow the technology: HSBC offers special loans for tech-savvy small enterprises

In October, bank loans for use in Hong Kong rose 23.9pc year on year, according to figures released last week by the Hong Kong Monetary Authority

France to allow blockchain for trading

Several Asian nations have announced bans on using cryptocurrencies for trade purposes, including South Korea ruling out bitcoin for derivative products

Bitcoin makes major bourse debut at $15,000

First 20 minutes of trading sees volatility, with price rising to $16,600 per unit before going down

Middle East professionals embracing bitcoin

Dubai-based bitcoin trader BitOasis has reported a spike in interest that has slowed down its verification routines.

Swiss Banks Encouraged By Bitcoin Futures

The banks believe the futures contracts will usher in more digital currency products.

Deutsche Bank: Blockchain Opportunities Are 'Huge'

The potential for hard forks creating new currencies is also a potential cause for concern, since it could lead to inflation, the presentation stated.

Bitcoin, Blockchain & AI