Managers of Wealth Fintech

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.

Global Banks Positive on Post-FTX Crypto Outlook

While the collapse of FTX did not trigger a sharp decline, cryptocurrencies are still gradually trending lower to around $800 billion in market capitalization, according to CoinMarketCap data, marking the lowest level in nearly two years.

MAS Explains Why Binance Was Pinned on Investor Alert List but Not FTX

MAS said that while both Binance and FTX are not licensed here, Binance was actively soliciting users in Singapore while FTX was not.

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

ECCB warns about volatility of crypto assets following FTX crash

The public is hereby advised to be mindful of the risks associated with utilising Bitcoin Cash or any cryptocurrency as a payment or investment instrument.

Bitpanda receives Crypto Custody and Proprietary Trading BaFin licence

This makes the fintech the first European retail investment platform to meet BaFin’s strict regulatory requirements.

Seven years on, Australian Securities Exchange scraps A$250m blockchain project

One of the earliest large institutional blockchain projects has imploded.

Hedge fund manager Bill Ackman remains optimistic about cryptocurrencies despite FTX collapse

According to Cointelegraph, the CEO and founder of hedge fund management firm Pershing Square Capital Management stated about believing that “crypto is here to stay”

Alibaba Cloud launches ModelScope and new serverless solutions

Open-source platform with hundreds of AI models lowers threshold for business innovations

Neobroker Scalable Capital launches bitcoin and ethereum crypto ETPs

Scalable will offer two variants of each coin with different tax treatments.

Bitcoin Suisse Partners With Lukka

Bitcoin Suisse is focusing on institutional grading for its professional private and institutional clients to be at the forefront of the growing demand in this client segment,» said CEO Dirk Klee.

Genesis Block to shutter trading portal amid FTX fallout

In an email to customers, Genesis Block requested individuals withdraw all their funds, and that they will not be accepting new customers.

TrueLayer to power Coinbase’s UK open banking payments

A big win after job cuts hit the open banking provider.

Winklevoss twins in the wake of crypto bankruptcies

Major crypto provider Genesis Global Capital suspended the withdrawal of customer funds in its lending business on Wednesday, citing the sudden failure of crypto exchange FTX.

Coinbase enables instant deposits with TrueLayer

Within week's, users will be able to link their bank account directly to Coinbase and begin making near instant deposits without the need to manually enter their bank account details.

Crypto markets under stress

As a reminder, the difference between a centralized exchange like FTX and a decentralized exchange is who is ultimately in control of the digital asset.

RBC Capital Markets unveils algo for AI-based e-trading platform

The algorithm uses deep reinforcement learning to gain experience in real-time, learning how to trade better over hundreds of thousands of decisions.

How Has Artificial Intelligence (AI) Changed the Forex Market?

Two of the main elements of AI are machine learning and predictive analytics, the former of which utilises algorithms and computer programs to identify patterns in potentially huge swathes of data.

Bitcoin, Blockchain & AI