Managers of Wealth Fintech

40% of Goldman Sachs’ clients already have exposure to crypto, survey shows

American investment bank Goldman Sachs confirms its crypto desk plans and reports that 40% of its surveyed clients already have exposure to crypto.

Swiss consortium to spur blockchain-based innovation with a Gold Token

The token will allow physical delivery in investor-specified quantities and will empower the holder with responsibly sourced gold.

GIC Bets on Digital Assets

The blue chip focused Singapore sovereign wealth fund has invested in a crypto bank, in a signal that digital assets are here to stay.

Esma queries use of blockchain for EC's ambitious financial data platform

The aim is to establish a single access point as well as an EU harmonised approach for the IT format for companies’ information.

Cryptocurrency theft on the rise

The increase in the value of cryptocurrency theft comes even as the sector continues to mature with exchanges, wallets, and other digital assets custodians investing in their security mechanisms against hacking.

BBVA experiments with AI to summarise customer conversations

BBVA used the model on ten unedited Spanish conversations about banking extracted from publicly available online forums.

Morocco central bank exploring digital currency but Bitcoin still banned

In addition, this committee will thoroughly review all consequences of a CBDC on monetary policy, the structure of banking intermediation, financial stability and legal framework.

European Central Bank demands veto for EU stablecoins

The ECB has also requested its rulings on stablecoins be binding on national authorities, and that those issuing stablecoins should be subject to the same liquidity requirements as banks and other financial institutions.

Europe's wealth mangers increasingly focusing on Bitcoin: survey

One in three (32%) said they are providing execution only investment in Bitcoin to clients.

Old guard Swiss banks tackle money laundering with blockchain

Many regtech projects are working out ways to automate the Know Your Customer and Anti-Money Laundering regulatory process.

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

The digital Sand Dollar is issued by the Central Bank of The Bahamas and carries the same value and consumer protections as a traditional Bahamian dollar.

Cryptocurrency draft draws flak

Qualifications bar majority of Thais

NextGen Blockchain Platforms Self-Organize to Win Government Contracts

The slow pattern of the past was rewritten to adopt to the chaos, uncertainty, and urgency of COVID.

Crypto company Anchorage raises $80 million after getting federal banking charter

It lets you keep your cryptocurrencies safe for you so that you don’t have to take care of the wallets and their public and private keys.

Mode raises £6 million from private placing

The firm says the new cash will be used to power a push into Open Banking and develop a loyalty and rewards engine for its mobile customers base, including a bitcoin rewards option.

The taxation of cryptoassets

An individual will be subject to income tax on the profits made when disposing of cryptoassets, if they are classed as ‘trading’.

Blockpass and UREEQA Bring Identity Verification to Creators

This new expansion of KYC coverage comes to the UREEQA platform, which protects, manages and monetizes creative work.

China’s PBOC joins cross-border digital currency project with other central banks

The project will explore ways using DLT to “facilitate real-time cross-border foreign exchange payment-versus-payment transactions,” said Hong Kong’s central bank.

How can a family office invest in bitcoin?

A recent wave of corporations and HNWI’s have been buying bitcoin as a way of combating the inflation that central banks are currently producing.

Cryptocurrency: is it too hot to handle? The Top 4 UK resident investor concerns

Legal recourse against crypto exchanges may be difficult.

Bitcoin, Blockchain & AI