09/06/2020
Top UAE banks that adopted blockchain technology and why
Abu Dhabi Commercial Bank (ADCB) has digitized trade finance for its customers using the Singapore-based dltledgers Blockchain platform.
Bitcoin, Blockchain & AI
09/04/2020
Cashaa raises 5 million USD from a Dubai Based blockchain investment firm
Cashaa has been dealing in vast transactions of cryptocurrencies and hence has been enabling the government worldwide to understand and help develop a positive outlook towards the industry and its growth potential in Indian market as well.
09/04/2020
Swiss canton takes taxes in Bitcoin as crypto gains traction
Crypto firms have gained traction in Switzerland thanks to its favorable regulation and positive attitude toward digital currencies.
09/03/2020
MTN secures Artificial Intelligence partner to fight MoMo fraud
Eli Hini urged customers to remember that MTN would never make any official call to them and do any discussion or transaction regarding their MoMo wallet on phone, so such calls should be seen as fraudulent and be report to MTN via the various reporting c
09/03/2020
Bermuda Pilots A Digital Token To Stimulate The Economy After COVID-19
The development of the token kicked off in late 2019 and was accelerated after the start of the pandemic.
09/02/2020
Swiss health insurance firm integrates crypto as payment option
Atupri Health Insurance has announced that its policyholders can now make crypto payments with Bitcoin or Ether
09/01/2020
RocketFuel Blockchain Engages IR Specialists Force Wealth
Gert Funk, RocketFuel’s CEO, stated: “We are excited to be working with Force Wealth as we continue to build our secure blockchain-based digital payments platform.
09/01/2020
GTreasury unveils AI tool to improve cash forecasting
SmartPredictions uses AI to train and test business’ historical liquidity data in order to accurately predict and forecast future transactions.
09/01/2020
Local banks embrace blockchain technology
Shinhan Bank has recently applied a decentralized identifier (DID) technology to their banking app SOL.
09/01/2020
Technology provides a lending hand to the banking industry
There isn’t an industry untouched by digital transformation
09/01/2020
ANZ, Westpac, CBA digitise bank guarantees in first use of blockchain
The company is searching for a chief executive and a small team to run the platform, which other banks and landlords will be able to join.
08/31/2020
Cryptocurrencies and asset protection trusts in the Cayman Islands
The specific structures on offer in this jurisdiction helpfully address many of the practical considerations which are relevant when establishing a TPW structure to hold cryptocurrencies and are supported by highly skilled service providers on island.
08/27/2020
Swiss Crypto Firms successfully execute First Automated, AML-Compliant Bitcoin Transfer
Crypto Finance AG has announced in a press release that it and Mt Pelerin, a Swiss FinTech expert in asset tokenisation and digital compliance, have completed the first successful automated bitcoin transaction compliant with the AML ordinance of FINMA.
08/27/2020
Fidelity President Files For New Bitcoin Fund
This is the latest development at Fidelity, showing the seriousness with which it is taking bitcoin as an investable asset.
08/25/2020
Offshore structure with online operations in Hong Kong in the digital age – walking a thin line?
Typically, the offshore entity carries on business by way of a fully automated system, while its Hong Kong affiliate provides technical support, such as upkeep and adjustment of its proprietary software, and is remunerated on a cost-plus basis.
08/25/2020
Mazars SA: Cryptocurrency Traders Should Prepare For Stricter Taxes
Different types of cryptocurrencies can be exchanged for one another and passed through a series of wallets and public key addresses to attempt to confuse the trading activities and to evade taxes.”
08/25/2020
Blockchain moves from promise to reality
Deloitte's 2020 Global Blockchain Survey
08/25/2020
Tokenisation: Revolution or Evolution?
Tokenisation of an asset, in a nutshell, is the issuing of a digital representation of that asset, administered on a blockchain, which is the infrastructure layer of an enhanced network architecture, such as the internet.
08/25/2020
Rise of the central bank digital currencies: drivers, approaches and technologies
This paper looks at the economic and institutional motives behind current CBDC projects and asks how they might shape the design of such currencies.
08/24/2020
Hong Kong AoF Publishes Report on AI Adoption in Banking
Some 80 percent of banks also said they plan to increase investment in AI over the next five years, though highlighting adoption challenges related to data quality, data protection, model explainability, a shortage of talent, and regulatory issues.