Managers of Wealth Fintech

CryptoCom CEO: Crypto Industry Will Comeback Very Strongly

Kris Marszalek, CEO of Crypto.com, says he’s taking a “very long-term view” of the industry.

Central Bank of Honduras Reaffirms Position on Digital Assets as Cryptocurrency Grows in LatAm

Based on this, the central bank emphasised that citizens who transact with digital assets will bear responsibility for any risks they face from the high volatility of digital assets.

UK wealth managers have enormous potential to offer crypto services following recent market turmoil, says Avaloq

The potential for wealth managers to leverage their expertise and inspire investor confidence is highlighted by Avaloq’s finding that 25 per cent of investors don’t invest in crypto due to a lack of trust in crypto exchanges.

Aveni AI platform to support compliance with UK Consumer Duty rules

The AI-enabled technology gives businesses an improved level of understanding of their customers and outcomes and puts data-driven technology at the heart of their operating model.

Brazil central bank director terms Bitcoin a financial innovation

Interestingly, the director revealed that the bank began looking into Bitcoin’s properties over a decade ago.

How to choose the best crypto-friendly bank for business

With more than 300 million cryptocurrency users worldwide and a host of other digital assets used in investments, payments, and transactional purposes, institutions must carefully conduct their due diligence to identify banking institutions that can suppo

Bitcoin, Ethereum edge up; BNB rises; Avalanche adds to gains on partnerships

Cardano briefly touched a week’s high, up more than 5%, before edging back.

Crypto as a force for good: How blockchain tech is enabling humanitarian aid efforts

Over $60 million has been donated via the crypto-only “Aid For Ukraine” donation site.

BlackRock ties up with Coinbase

Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s Institutional client base who are also clients of Coinbase.

Thailand cryptocurrency trades, number of investors plunge amid global crash

Tether was the most popular cryptocurrency in Thailand from January up until July 25, with 113.3 billion baht worth of trades, followed by bitcoin with 89 billion baht and ethereum, 59.8 billion baht.

Ongoing: Unknown “Malicious Actor” Drains Millions From This Crypto Blockchain

Engineers are currently working with security researchers and ecosystem teams to identify the root cause of the exploit, which is currently unknown.

Pictet: No Place in Private Banking for Crypto

While a growing number of private banks are offering crypto to wealthy clients including Julius Baer, LGT, Goldman Sachs and more, Pictet believes that adoption at this point in time might be premature.

MyEtherWallet Launches User-Friendly Web Extension for Polkadot

Web3 Foundation has issued more than 400 grants, driving innovation towards a decentralised and fair internet, and helping provide people with a more user-friendly, seamless and secure way to interact and innovate in the crypto space.

Two Sides of the Same Coin? Cryptoassets and Estate Property in Bankruptcy

This includes an analysis of whether cryptoassets can be considered “estate property” under section 541(a)(1) of the Bankruptcy Code

11 charged over $300m global crypto Ponzi scheme

Four of the defendants were last known to be living in Russia, Georgia and Indonesia

Robinhood Crypto hammered by New York watchdog over litany of compliance failures

Despite self-reporting compliance with the rules, an NYDFS investigation uncovered a litany of failures at the brokerage, as it struggled to keep pace with customer demand for crypto services.

Blockchain-enabled real estate investing fintech launch

Two tokens now available represent investments in renewable energy infrastructure and commercial real estate, both in the New York metro area.

Developments in AI and IMF positions can make Bitcoin legally tender

Bitcoin is becoming a lot more widely accepted by institutions like the IMF, largely as a result of AI technology.

Bankrupt crypto lending platform Celsius is trying to hire its CFO back at $92,000 a month, filings say

Bankrupt lending platform Celsius wants to bring back ex-CFO Rod Bolger and pay him about $92,000 a month, prorated over a period of at least six weeks.

Revolut adds 22 new tokens to crypto offering

Revolut offers a wide range of financial products through its financial superapp, and crypto is an increasingly popular feature.

Bitcoin, Blockchain & AI