Managers of Wealth Fintech

Four Technologies Disrupting Banking

Just 16% use the types of new technologies that enable a secure and fully digital account-opening process.

Should Cayman introduce its own digital currency?

All these factors have to be considered, Dukharan said, but potential risks could be mitigated through the appropriate design of the digital money.

State Street sets up digital unit to capitalise on crypto craze

US custody bank declares ‘tipping point’ for market as clients increase exposure

Americans earned over $4 billion from bitcoin in 2020—more than 3 times as much as investors in any other country

Bitcoin hit a high of about $29,000 in late December 2020, according to CoinMarketCap, but earlier in the year, went below $4,000.

Swiss, French Central Banks Dabble in Digital Currencies

These transactions will be settled between banks domiciled in France and in Switzerland, respectively. “The Eurosystem is engaging in innovation and adapting its actions to the strong trend towards the digitalisation of payments.

HSBC offers AI product in Hong Kong

The structured product uses artificial intelligence (AI) for equity selection.

DBS issues first tokenised bond on digital exchange

DBS' current transaction combines existing legal and tax infrastructure requirements with a direct issuance on the digital exchange in smaller lot sizes, according to a report.

El Salvador approves first law for bitcoin as legal tender

Bukele has touted the use of bitcoin for its potential to help Salvadorans living abroad to send remittances back home

Hong Kong Auction Accepts Crypto Payment for Banksy Artwork

The artwork will be featured in the «20th Century & Contemporary Art Evening Sale in Association with Poly Auction» which is scheduled for tomorrow.

Gibraltar establishes position as a preferred jurisdiction for crypto hedge funds

The report shows that the total Assets under Management (AuM) of crypto hedge funds globally increased to over USD3.8 billion in 2020 from just over USD2 billion in the previous year.

Ruffer bags a billion as wild bitcoin ride comes to an end

Ruffer has made a hefty profit from its five-month bitcoin trade after selling out of the cryptocurrency just before it hit an all-time high in April.

PWC: Cayman is the world's top crypto hedge fund jurisdiction

The report, the companies’ third annual research report into global crypto hedge funds, highlights that the fund managers themselves are located elsewhere.

Why Bitcoin's wild ride bodes well for the future of digital cash

Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could

Gold Is Good But Bitcoin Better for $7.5 Billion Hedge Fund

Bullion still expected to hit record amid debt-level concerns

Bitcoin falls amid Weibo crypto suspensions, Goldman CIO survey

Goldman note indicates institutional adoption may be a long process

What will happen to the Britcoin? Here’s what you need to know

One of the biggest risks of a digital pound, the bank said, would be the potential for digital money to undermine confidence in money and payments and in the financial system as a whole.

deVere unveils exclusive product linked to Bitcoin and Ethereum moves

deVere Group will now be able to offer its clients a fixed-yield bond that tracks futures of Bitcoin and Ether on the Chicago Mercantile Exchange over a one-year maturity period.

Eaglebrook and Alto Team Up to Provide Bitcoin, Ether In Retirement Accounts

Just weeks after an announcement with Dynasty Financial Partners, Eaglebrook is partnering with Alto Solutions to provide tax-advantaged crypto SMAs.

Standard Chartered and BC Group plan European digital asset trading platform

BC Group CIO Usman Ahmad will be CEO of the new company, and Nick Philpott of SC Ventures will be COO.

Crypto firms fall short on anti-money laundering rules, UK watchdog says

The cryptocurrency world has been plagued through its 12-year life by lax standards on money laundering and other illicit activities.

Bitcoin, Blockchain & AI