Managers of Wealth Fintech

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)."

HashCash Consultants to Help a USA-Based Bank with Corporate Trade

The platform also helps unite all involved parties and digitize the end-to-end trade process on a single network to cut down processing time drastically.

Cryptocurrencies move from pizza to regulatory scrutiny

Bitcoin was the first and remains the largest cryptocurrency with two-thirds of total market capitalisation.

Is bitcoin a scam?

Last week he again asked his local council for permission to dig for it at his local dump as he believes it is now worth about £200m.

Banque de France CBDC used for fund settlement project

The initiative is one of a number of different experiments underway at the Banque de France on potential applications for a central bank digital currency in interbank settlements.

An evolving regulatory landscape of cryptocurrency in Hong Kong - An update

This alert highlights the proposed licensing regime and the reception by industry players.

Cryptocurrencies move from pizza to regulatory scrutiny

Now, faced with expectations for inflation, low-to-zero interest rates and slim returns from traditional safe havens such as sovereign debt, investors are looking more closely at cryptocurrencies.

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges

Deribit - the exchange that currently facilitates the most Bitcoin options trading - began offering the products in 2018.

Bitcoin, Blockchain & AI