Managers of Wealth Fintech

Bitcoin Slides in Worst Two-Day Rout Since March

Bitcoin posts its worst two-day drop since March, sliding as much as 21% as investors moved to perceived safe-haven assets - in this case not bitcoin.

Instimatch Partners Algorand to Disrupt the Payment Space With Blockchain

Borrowing, lending and FX continue to grow and, with the implementation of advanced blockchain, can be more efficient and effective as the backbone of global economies.

Are digital currencies imminent? Don't bank on it.

Digital banknotes would serve as supplements to cash, rather than replacements, and would be stored in a wallet-like app on your smartphone.

Crypto investors ‘should be prepared to lose all their money,’ top UK regulator warns

The regulator’s warning comes amid wild volatility in the cryptocurrency market.

Norwegian Block Exchange Secures Large Private Investment

This puts NBX in a prime position to continue to develop its trading platform for cryptocurrencies and digital assets

Banca Generali invests in bitcoin wallet provider Conio

Banca Generali says it intends to offer the Conio wallet to customers as part of its range of wealth management services.

Grayscale Holds Over 3% of Bitcoin, Sees Pension Interest

“The sizes of allocations they are making are growing rapidly as well.”

AI is Bringing a Generational Change to the RegTech Industry

HKMA’s assessment holds equally true for capital markets. In securities regulation, changes include the growing number and diversity of listed companies, the increasing complexity of required disclosures.

Zugacoin gains more grounds as central bank of Saudi Arabia signs deal with Cryptocurrency

The Saudi central bank is working with the United Arab Emirates central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak Rashed al-Mansouri told Reuters in De

South Korea to introduce a 20% tax on crypto trading profits in 2023

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders.

Third Major South Korean Bank to Enter Crypto Custody Fray

The bank added that its move would allow it to safeguard customers’ crypto funds from “external hacking and embezzlement” risks, and could be of use to the growing crypto investment and DeFi sectors.

MAS concludes first phase of AI ethics initiative

For insurance, the consortium will focus on the fairness assessment methodology for predictive underwriting, and develop the ethics and accountability assessment methodology for fraud detection.

Bitcoin price crosses $35,000, hitting new all-time high

Analysts at various investment banks have recently pivoted to a more positive view of bitcoin

Zug digital asset firm gains licence and will launch offering for IAMs, family offices and banks

It has been approved by the FMA in Liechtenstein to provide services such as custody and exchange for cryptocurrency and digital assets.

OCC Regulator Implements Groundbreaking Cryptocurrency Guidance For Banks And The Future Of Payments

Today’s OCC news is innovative and exciting.

MBRIF member JustChain launches world’s first blockchain-based notary platform

This follows the recent approval from the UAE Cabinet on digital signatures, and its application to notary services and is in line with the UAE’s Vision 2021.

Public Update on The Bahamas Digital Currency Rollout

Businesses and individuals who have already selected a digital payments provider can expect that the Sand Dollar will be available within the same environment in which they have enrolled, once their providers complete systems upgrades.

Bitcoin extends rally to top $30,000 for first time

The cryptocurrency has been increasingly in demand over the past year though investors have had a rocky ride in the past.

World’s biggest Crypto hedge fund, assets jump to $20 billion

Grayscale has had its crypto holdings gain ten times since the start of 2020

Bitcoin more valuable than any global bank

Bitcoin comfortably outmatched the world’s most valuable bank, JP Morgan Chase with a market value of $630 billion.

Bitcoin, Blockchain & AI