Managers of Wealth Fintech

Virtual gold? Bitcoin's rise sparks new debate

Bitcoin was created in 2008 by the pseudonymous Satoshi Nakamoto, and marketed as an alternative to traditional currencies.

The Cayman Islands Pass Laws To Regulate Crypto Service Providers

The proclaimed standards went into power on October 28, 2020.

Cryptocurrency boom drives luxury car sales

This expansion will see new appointments in sales, compliance, management and anti-money laundering at Auto Coin Cars, an online platform offering new and used cars for sale online through virtual monies.

CBDC revolution is coming in three years, says Bitcoin naysayer Roubini

The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini.

FinTech Ripple chooses Dubai International Financial Centre for regional headquarters

Ripple to work with local and regional institutions to revolutionise payments industry

Forget the Bitcoin price! Here’s how I’d invest £10k to make a million

The asset has been a great hedge against uncertainty this year and has achieved one of the best performances of any financial asset as a result.

Bitcoin surges above $15,000 and is closing in on record

In addition to the dollar weakening, bitcoin has benefited from more mainstream companies like PayPal and Square embracing cryptocurrencies as a viable payments options and investments.

Is Cayman looking to cash in on Crypto?

The legislation has been drafted in line with current FATF (Financial Action Task Force) rules, aligning the crypto industry with international anti-money laundering standards.

Using blockchain to leverage your digital assets

Forget what you know about digital asset infrastructures.

New rules expected to boost virtual assets sector in Cayman Islands

The new rules are expected to boost business in the sector by allowing the supervision of businesses providing services in the arena and help Cayman meet the latest recommendations from the Financial Action Task Force.

Ex-Luno product manager launches SA-based Bitcoin exchange

Luno, the country’s largest crypto-currency exchange, was recently acquired by New York-based Digital Currency Group, a global enterprise that builds, buys and invests in blockchain companies.

Hong Kong to Align Crypto Regulatory Framework with FATF Standards

To align with FATF requirements, the government is proposing to widen the supervisory net to cover centralised trading platforms that only trade non-security tokens, where the SFC will be empowered to license and supervise such platforms.

Regulation of crypto asset services enforced in phases

Amendments to the law to facilitate the phased commencement approach will be presented at the next sitting of the Legislative Assembly.

LFDE launches AI thematic fund

The strategy invests in growth stocks globally and is managed by Rolando Grandi.

Bitcoin Set For A Massive Earthquake Due To The 2020 U.S. Presidential Elections

Many Crypto Experts Believe That Possible Biden Victory Would Be More Beneficial For Bitcoin

Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk

This will enable lenders to build more sustainable lending models, in the wake of unprecedented economic turbulence.

Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses

A new virtual assets bill to bring in provisions to facilitate the phased rollout of the new rules was published last Thursday and will be presented at the next sitting of the Cayman Islands Legislative Assembly.

Hong Kong’s Securities Watchdog May Soon Regulate All Crypto Trading Platforms

The SFC implemented regulatory guidance in 2019 that sought to treat digital asset firms trading at least one security token under the same rules as securities brokerages, but signing up with the regulator was voluntary.

Swiss authority approves Russian bank’s application to introduce a crypto-money deposit service.

Custody of crypto money will allow citizens to buy or sell their digital assets through Gazprombank.

Aussie robo gains traction in Southeast Asia

Raiz Invest’s investor base in Malaysia and Indonesia is growing.

Bitcoin, Blockchain & AI