Managers of Wealth Fintech

Fintech is slowly becoming profitable

As an industry fintech has typically been known for its venture capital-fueled growth but tougher economic conditions and the move to higher interest rates have prompted a sea change.

ECB payments experts sound the death knell for bitcoin

The value of bitcoin peaked at $69,000 in November 2021 before falling to $17,000 by mid-June 2022.

BMA invites engagement on AI/machine learning

This should allow the BMA and the market sufficient time to adapt and ensure frameworks remain credible and fit for purpose.

Plum makes crypto investing available for EU customers

Plum customers in these markets can now buy, sell or hold five popular cryptocurrencies through the app

Bored Apes Show Signs of Life

Many NFTs of the once-hyped Bored Ape series have lost considerable value in recent months, including the piece that singer Justin Bieber purchased for the Ethereum equivalent of $1.3 million earlier this year.

Fourth OCBC Financial Wellness Index finds young crypto investors still keen on cryptocurrencies despite crash

This year’s OCBC Financial Wellness Index dipped to 61, returning the score to 2020 levels, when the world was grappling with the Covid-19 outbreak.

JP Morgan's crypto wallet timing couldn't be worse

The Wall Street bank clearly has a love/hate relationship with crypto.

BVNK acquires EMI licence

The news comes shortly after the Bank of Spain approved BNVK as a Virtual Asset Services Provider, providing a springboard for expansion across the EU.

Currencycloud Supports Quid Multi-Currency Global Wallet

Quid is leveraging Currencycloud’s functionality to scale its global presence and increase the number of currency accounts it offers.

SwissBorg announces its launch the UAE

SwissBorg brings more than six years of expertise to the UAE, introducing a digital asset management app that takes the guesswork out of crypto investments.

Crypto’s future will be based on self-custody and regulation: Kraken’s Dave Ripley

The incoming CEO discusses why the future of crypto will be based on proof of reserves and thoughtful regulation.

Centralized Crypto Exchanges Will Remain Dominant Despite FTX Collapse: JPMorgan

DeFi protocols rely heavily on centralized exchanges to be able to function and it would likely take a long time until price discovery shifts from centralized to decentralized exchanges, the bank's analysts said.

Is it time for retail investors to back Bitcoin?

A year since the digital coin reached its all-time high is it the right time to consider an allocation?

Baanx crypto card launched in Europe

Powered by Ledger’s unique digital security ecosystem, the CL Card allows users to move assets quickly, seamlessly, and securely between their secured Ledger and their card account, using the Ledger Live companion app.

Finastra onboards Fragmos Chain’s blockchain platform for the digitalization of over-the-counter derivatives post-trade

Through blockchain technology, Finastra’s Treasury & Capital Markets customers can eliminate paper documents while reducing capital markets trading costs and risks

Binance Allocates Another $1B for Its Crypto Recovery Fund

Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative.

Think before you sell your Bitcoin

The entire world is in the midst of financial calamity unlike most alive have ever seen. Is the middle of the bear market the time to sell your bitcoin?

Starling Bank introduces crypto transaction ban

Neobank takes a hard line with additional crypto restrictions.

DBS Bank Completes Intraday Repurchase Transaction With JP Morgan

The transaction used JP Morgan’s intraday repurchase application on ‘Onyx Digital Assets‘.

New York governor signs first-of-its-kind law cracking down on bitcoin mining — here’s everything that’s in it

For the next two years, unless a proof-of-work mining company uses 100% renewable energy, it will not be allowed to expand or renew permits, and new entrants will not be allowed to come online.

Bitcoin, Blockchain & AI