10/23/2020
Central bank digital currencies set to disrupt traditional banking
Pandemic-accelerated e-payments prompt regulator rethink, defence of public money
Bitcoin, Blockchain & AI
10/23/2020
Russian Government Official Says ‘Digital Ruble Is The Future’
The currency would be used on blockchain systems and is a way for businesses to track goods across their supply chains, to prove country of origin, and track payments.
10/23/2020
Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
The firm is also helping banks manage and safekeep security tokens and central bank digital currencies, he added.
10/23/2020
Crypto Custody Firm Curv Nabs New Funding from Global Asset Manager
The fresh investment expands Curv’s Series A funding round to $30 million.
10/23/2020
The rise of AI in compliance management
As with all new and emerging technologies, wider understanding takes time to take hold and this is proving especially true of AI where a lack of understanding has led to a cautious, hesitant approach.
10/22/2020
Bittrex Global mulls Bermuda dollar digital token
At the Virtual Bermuda Tech Summit 2020, David Burt, the Premier, asked Stephen Stonberg, chief financial officer and chief operating officer, Bittrex Global, if he had a view on Bittrex offering “a type of Bermuda digital dollar”.
10/22/2020
AI, or a thousand shades of grey? by Russ Bryan
With AI, after a time we may start to receive different answers from the same inputs because it generally involves broader data sets and far higher volumes, with all the associated probabilities.
10/22/2020
IMAS Calls on Asset Managers to Join Digital Accelerator Programme
Under the programme, asset managers will be paired with a shortlisted fintech with the most appropriate solution to the problem statement submitted.
10/22/2020
How blockchain can aid in African recovery
In this post, we’ll ask what role blockchain can play in this endeavour and aiding the post-coronavirus recovery in the region.
10/22/2020
Bitpanda and Raiffeisen Bank International partner up to bring blockchain-interoperability to the banking industry
RBI Coin is a next-generation digital cash solution for inter-bank and inter-company payments to streamline cash and liquidity management and introduce new banking products to corporate and institutional customers.
10/21/2020
The Bahamas launches world’s first CBDC, the ‘Sand Dollar’
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program.
10/21/2020
Public Corda blockchain network gets its first digital currency
By using the Corda public network within this decentralised legal structure, projects can not only comply with AML/CTF standards but ensure transactions are kept private between parties which is a requirement in most commercial and financial settings.
10/21/2020
Will COVID-19 accelerate the transition to banking alternatives
Banks who want to survive the storm must move faster than ever to introduce value-adding services that enhance the customer’s experience of modern banking.
10/20/2020
Wealthy Rothschilds Family Buy Into Bitcoin
This purchase was more than likely done for one of their private clients with this being just one of the many private institutions owned by Rothschilds.
10/20/2020
Decentralized Finance needs regulatory clarity and smarter compliance
As of mid-July 2020, according to the Bank for International Settlements report, at least 36 central banks have published retail or wholesale central bank digital currency work.
10/19/2020
Imagine Regulators Shutting Tether Down - What Happens to Bitcoin?
In case regulators stop Tether, it would most likely have to take place over a staggered period of time to protect investors.
10/19/2020
Consultation initiated on blanket ordinance in area of blockchain
A blanket ordinance is now planned to incorporate the legislative amendments voted by Parliament into law at federal ordinance level.
10/16/2020
Investment Banking Practice Aimed at Robotics, Automation, AI Launched
“Our bankers have established a deep understanding of the underlying technologies and end markets while simultaneously developing unparalleled relationships with strategic buyers and investors.”
10/16/2020
Crypto exchange OKEx halts withdrawals in China probe
Group says it has lost touch with employee who holds the exchange’s crucial ‘private keys’
10/15/2020
Crypto: The hype, the profits, the fundamental challenge
The need for regulation – and 10 red flags to look out for in the meantime.