03/17/2020
Institutions are exiting crypto – and that’s good
Data from blockchain analysis firm CryptoQuant showed much higher than usual inflows into major exchanges from March 8, after which BTC inflows per block increased by 50-60%.
Bitcoin, Blockchain & AI
03/17/2020
CS, Natixis and Luxembourg Stock Exchange to develop blockchain platform
The launch of FundsDLT is an important step toward our shared goal of promoting the adoption of blockchain and digital assets across the financial industry.
03/16/2020
Binance to launch fiat gateway in South Africa – Donates $1M to support blockchain development
In addition, South African users will be able to access all products of the exchange including futures contracts, trusted wallets, spot trading, among others.
03/16/2020
Meet Wendy, Westpac's AI-backed 'digital job coach'
Uses tech from IBM, Google Cloud and Soul Machines.
03/16/2020
SEED Group forms new strategic partnership with 8topuz in MENA region
One of the most exciting aspects of the partnership with SEED Group is the alignment of SEED Group’s agenda to diversify the region’s economy with AI and technology.
03/12/2020
Citi Exec Says Ethereum-Based Platform Powering New Wave of Digital Finance
Broekhoven says trade digitization is one of the primary reasons Citi joined Komgo.
03/12/2020
Japan's Financial Regulator Launches Global Blockchain Governance Initiative
The initiative also hopes to develop a “common language among stakeholders with diverse perspectives” and build a network of open-source information sharing.
03/12/2020
French bank refuses to allow customers to use Coinbase
It appears the issues only began this week, since transfers were allowed last week, and reportedly only involve the U.S.-based exchange. Transfers sent to the European branch of Binance are still allowed through.
03/12/2020
CoinPip Shuts Downs as Singapore Brings Crypto Under AML Rules
CoinPip platform allows customers to buy, sell and use cryptocurrencies as payment for remittances.
03/11/2020
Global AI software market to hit $126bn value by 2025
Software robots and AI automation have already gained a massive role in manufacturing, retail, banking, and insurance.
03/10/2020
Finantix acquires InCube
This is supported by a Gartner report which cites that the use of AI-powered tools is proliferating in financial services.
03/10/2020
Contour Emerges As Latest Blockchain Trade Finance Tool
The commercial launch is anticipated during the second half of 2020, after the platform finished in excess of $30 million in letter-of-credit transactions last year during the pilot phase.
03/09/2020
Cryptoassets, regulation and financial crime by Therese Chambers, FCA
Speech by Therese Chambers, Director of Retail and Regulatory Investigations at the FCA, delivered at The Advancement of Digital Assets and Addressing Financial Crime Risk, New York University School of Law.
03/06/2020
Blockchain Trade Finance Platform Ready in Hong Kong
In China, blockchain-backed trade finance is already widely adopted. Around 170 banks in China have joined the blockchain platform spearheaded by the State Administration of Foreign Exchange to provide trade finance to their clients.
03/06/2020
Will falling stocks and fiscal stimulus be good for crypto growth?
The lower rate is intended to encourage spending, borrowing and money flow through the economy as fears of the Coronavirus outbreak spread.
03/06/2020
IRS FAQs ‘Perfect Storm’ of Confusion for Crypto Users, Banks
Even professionals must stay on their toes to make sure they know the IRS’s latest stance.
03/06/2020
How WMs can survive the robo revolution, by ex-Google Germany head
Change is being driven by macro trends in technological developments.
03/04/2020
Lloyd's launches crypto insurance services
The policy is worth £100,000 and will ensure insurance for investors should their crypto wallets suffer a hack.
03/04/2020
Ripple Powers X-Border Corporate Payments For UAE Bank
PNC was reportedly the first U.S. bank to use RippleNet’s blockchain network to move money across borders.
03/03/2020
Crypto in Africa: A coming money revolution?
Cryptocurrencies have the potential to revolutionise the financial system, but following a series of scams there is still a good deal of scepticism about them.