06/09/2021
HSBC offers AI product in Hong Kong
The structured product uses artificial intelligence (AI) for equity selection.
Bitcoin, Blockchain & AI
06/09/2021
DBS issues first tokenised bond on digital exchange
DBS' current transaction combines existing legal and tax infrastructure requirements with a direct issuance on the digital exchange in smaller lot sizes, according to a report.
06/09/2021
El Salvador approves first law for bitcoin as legal tender
Bukele has touted the use of bitcoin for its potential to help Salvadorans living abroad to send remittances back home
06/08/2021
Hong Kong Auction Accepts Crypto Payment for Banksy Artwork
The artwork will be featured in the «20th Century & Contemporary Art Evening Sale in Association with Poly Auction» which is scheduled for tomorrow.
06/08/2021
Gibraltar establishes position as a preferred jurisdiction for crypto hedge funds
The report shows that the total Assets under Management (AuM) of crypto hedge funds globally increased to over USD3.8 billion in 2020 from just over USD2 billion in the previous year.
06/08/2021
Ruffer bags a billion as wild bitcoin ride comes to an end
Ruffer has made a hefty profit from its five-month bitcoin trade after selling out of the cryptocurrency just before it hit an all-time high in April.
06/08/2021
PWC: Cayman is the world's top crypto hedge fund jurisdiction
The report, the companies’ third annual research report into global crypto hedge funds, highlights that the fund managers themselves are located elsewhere.
06/07/2021
Why Bitcoin's wild ride bodes well for the future of digital cash
Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could
06/07/2021
Gold Is Good But Bitcoin Better for $7.5 Billion Hedge Fund
Bullion still expected to hit record amid debt-level concerns
06/07/2021
Bitcoin falls amid Weibo crypto suspensions, Goldman CIO survey
Goldman note indicates institutional adoption may be a long process
06/07/2021
What will happen to the Britcoin? Here’s what you need to know
One of the biggest risks of a digital pound, the bank said, would be the potential for digital money to undermine confidence in money and payments and in the financial system as a whole.
06/04/2021
deVere unveils exclusive product linked to Bitcoin and Ethereum moves
deVere Group will now be able to offer its clients a fixed-yield bond that tracks futures of Bitcoin and Ether on the Chicago Mercantile Exchange over a one-year maturity period.
06/04/2021
Eaglebrook and Alto Team Up to Provide Bitcoin, Ether In Retirement Accounts
Just weeks after an announcement with Dynasty Financial Partners, Eaglebrook is partnering with Alto Solutions to provide tax-advantaged crypto SMAs.
06/03/2021
Standard Chartered and BC Group plan European digital asset trading platform
BC Group CIO Usman Ahmad will be CEO of the new company, and Nick Philpott of SC Ventures will be COO.
06/03/2021
Crypto firms fall short on anti-money laundering rules, UK watchdog says
The cryptocurrency world has been plagued through its 12-year life by lax standards on money laundering and other illicit activities.
06/02/2021
DFSA sounds alarm on cryptocurrency fraud as UAE regulators consult on technology guidelines
Proposed guidelines issued by the four regulators cover everything from cloud server location to potential AI bias and identifying blockchain users
06/01/2021
Bitcoin ETP takes Swiss route to UK after cautious London response
Launch underscores tensions in Britain among institutional fund managers, regulators and policymakers
06/01/2021
South African investors just love cryptos; asset managers less so
Market noise and chatter has since been cacophonic but the price remains relatively subdued at $39,400 – though well up on the pre-pandemic price of $5,000.
06/01/2021
A key US watchdog wants officials to set up a ‘regulatory perimeter’ for cryptocurrencies
Officials around the world worry that the crypto boom is sucking in amateur traders who could get badly burned.
05/30/2021
Biden to Crack Down On Tax Evasion by Crypto Investors
Most employees report their taxes on a W-2 form, and their employer acts as a third-party verifier of that income and employee — leaving the chance of tax evasion in this case small.