Managers of Wealth Fintech

One in four hedge fund managers to increase crypto exposure, says EY survey

Despite an increase in activity in 2021 though, crypto allocations remain low though with many managers cautious to enter the space.

Anti-money laundering credentials key for Binance's Paris plans - regulator

Binance's CEO told French business newspaper Les Echos earlier this month that his company hoped to get regulatory approval from the AMF in 6 to 12 months.

India bans crypto

There may be some question of how the government can prohibit the trading of cryptocurrency on private computers across international exchanges, but a ban would at least prevent advertising and marketing activities, which should limit activity.

Fintonia launches bitcoin funds in Singapore

The two products are run by a Monetary Authority of Singapore (MAS) regulated fund manager.

Canada Needs a Digital Dollar in the New Crypto World

Zelmer and Kronick explain that Canadian-dollar-linked stablecoins could become attractive to Canadians by making them convertible into cash issued by the Bank of Canada

Boerse Stuttgart unit Bison launches savings plan for cryptocurrencies

BISON makes its profit from the spreads between the buying and selling prices displayed. There are no additional costs or fees for users.

Crypto-Focused Robo-Advisor Launches Service for HNWIs

Currently, only accredited investors and institutional investors are eligible to deposit funds with TradeTogether.

VZ VermögensZentrum partners with bank to expand into crypto

The partnership with Sygnum Bank allows it to offer digital asset services to its customers.

Bank of England bosses say banks don’t need to worry about Britcoin

Banks would have to adjust. They would have to fund themselves more with long-term wholesale debt

Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report

2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to become a leading provider of blockchain infrastructure services in Latin America.

Bank of America Sees Stablecoin Regulation as Catalyst to Mass Adoption

Stablecoins are viewed as a systemically important asset with a market value of around $141 billion.

Finder’s new crypto product a warning to banks on deposits

Finder told customers on Monday its new offering is “not a banking product, not a savings account, but [offers] a stable, deposit-like return for pledging fiat into crypto”

Banks, fintechs navigate market's appetite for crypto amid pending regulatory guidance

From Bitcoin rewards to custody services for digital assets, banks and fintechs are carving out strategies and services tied to crypto as regulators seek to catch up with guidance.

Cryptocurrency leaders see exponential growth; banks embrace crypto as an asset class

About 90% of the global population will adopt cryptocurrency over the next decade, predicts Arcane Crypto CEO Torbjørn Bull Jenssen.

"Family offices" of billionaires own 4% of the cryptocurrency market

On average, offices focused on managing large family wealth invest 1% of their portfolios in this market.

No legal tender status for private cryptos but innovation possible

A new crypto Bill, expected to be introduced in the winter session of Parliament starting November 29, is unlikely to impose a blanket ban on the entire crypto spectrum.

69-Year Old Israeli Lady Turned a $3K Bitcoin Investment to $320K: Now the Bank Refuses to Deposit

After 100x her initial investment, Bank Hapoalim denies depositing $320K in profit Esther Freeman earned from her BTC investment

Why is Bitcoin Generational Wealth?

Bitcoin truly enables people to plan for the future well beyond their own life, a luxury and necessity many throughout history did not have.

El Salvador Plans to Build World’s First «Bitcoin City»

According to the tech savvy 40-year old, the city would be built in the eastern region of La Union and be powered by geothermal energy from a volcano.

Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It's a Better Store of Value

They see the cryptocurrency as a better store of value and a better inflation hedge.

Bitcoin, Blockchain & AI