Managers of Wealth Fintech

Cryptocurrencies could replace Gold

According to the note, cryptocurrencies offer the benefit that they are easy to move and store compared to gold. Although they are also prone to theft.

Current cryptocurrencies unlikely to last: Bank of England governor

The BoE, like the European Central Bank, is looking at the feasibility of issuing its own digital currency.

Winklevoss-Backed Gemini on Hiring Spree in Singapore

Gemini also recently enhanced its platform with an expanded product offering that now includes Singapore dollars (SGD) and faster application speeds for the residents from the city-state, according to a statement from the firm.

Crypto Finance Group LauncheaCrypto firm and Avaloq team up to offer crypto asset tradings Crypto Trading Solution with Avaloq

With this leadership in digital assets for the finance sector, Crypto Finance and Avaloq are empowering financial institutions to offer a seamless digital experience for retail banking, wealth management, and more.

Bitcoin's days are numbered as technology develops, warns Bank of England governor Andrew Bailey

Bailey said: 'Are crypto-currencies here to stay? Digital innovation in payments – yes.

Sequoia Holdings lets employees get part of salary in bitcoin

The firm likens the mechanism to how an employee would defer a portion of their salary toward a 401(k) retirement savings plan, although the deferral is after tax.

Can Crypto Hit $2 Trillion? New Research Outlines The Steps to Get There

Contributors to the report agreed that barriers to institutional adoption were gradually falling thanks largely to innovative crypto-native participants sustaining the market.

Why bitcoin may crack R1m this year

Richard da Sousa of AltcoinTrader makes his predictions for 2021.

Agricultural Bank of China deploys AI-based virtual receptionist

With the addition of a virtual receptionist onsite, the Zhongshan branch of the Agricultural Bank of China hopes to lift its overall service quality and operational efficiency.

Carey Olsen advises CoinShares on launch of exchange-traded Bitcoin product

The ETP programme is operated by CoinShares Digital Securities Limited, a wholly owned company of CoinShares Group.

Blockchain Brings Unicorns to Millennials

Younger generations should have a shot at affordably investing in the companies they’ve been explaining to their parents.

Cryptos Won’t Work as Actual Currencies, UBS Economist Says

There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power.

Banking on Bitcoin: Crypto Banks Are Coming for Fintech

A new breed of bank is rising up in 2021, as crypto’s gatekeepers cave to institutional demand.

Fund managers speak out after crypto funds crackdown

Concerns rise that FCA decision could push investors into ‘wild west’ market of underlying securities

SGX and Temasek partner to advance digital asset infrastructure in capital markets

The JV will look to partner with fixed income issuance platforms to connect to its post-trade and asset servicing infrastructure

President Biden freezes FinCEN's proposed crypto wallet regulations

President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry.

Don't be shocked if Bitcoin now drops to $20,000

Bitcoin's surge to a record of almost $42,000 on January 8 embodied the embrace of risk in financial markets awash with stimulus.

Fintech Investments Gaining Momentum

According to some estimates, neobanks will have 60 million customers in North America and Europe by the end of 2020, going beyond 145 million by 2024.

Zürcher Kantonalbank, Clearstream and FundsDLT process blockchain-based fund transactions

ZKB was the first to leverage the joint FundsDLT and Clearstream solution

Dubai regulator to develop cryptocurrency framework

In a statement the DFSA said it will be creating "a regulatory regime for digital assets (such as tokenized securities and crypto-currencies)."

Bitcoin, Blockchain & AI