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Bitcoin, Blockchain & AI

12/20/2020

Are sceptics wrong at panning Bitcoin that hit a record $24,000 high?

Dizzying rally spurs the world’s largest cryptocurrency to surge over 300% in a year

12/18/2020

Danske Bank fights money laundering with AI

Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia

12/18/2020

American Express takes stake in crypto trading platform FalconX; Paxos raises $142 million

Trading as principal, FalconX provides institutional clients the ability to access cryptocurrency markets through a single platform for trading, credit, and clearing.

12/18/2020

Gazprombank (Switzerland) and Avaloq win the Most Innovative Project in the use of Blockchain in Banking

This is the 11th accolade or industry citation to be won by Avaloq in 2020, having recently been named Best Transaction Processing Solution provider at the WealthBriefing European Awards 2020.

12/18/2020

Is Bitcoin becoming mainstream?

‘Just because Bitcoin can be a risky investment, it doesn’t mean that there isn’t interest or demand.

12/17/2020

VTB issues bank guarantee through Masterchain blockchain platform

Masterchain is a blockchain platform developed by the Russian central bank with market participants and the Fintech Association.

12/17/2020

Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects

The survey highlighted that the majority (84%) of asset managers have lost investors to digital-first disruptive competitors in the previous 12 months.

12/16/2020

Quontic Bank launches Bitcoin rewards checking account

Digital banking outfit Quontic has become the first FDIC-insured financial institution in the US to launch a Bitcoin rewards debit card.

12/16/2020

SBI opens cryptocurrency dealing desk

The acquisition is the latest big crypto play from SBI.

12/16/2020

Instinet Appointed Clearing Agent for IntelligentCross

Providing seamless clearing and settlement services for fast-growing, performance-focused ATS

12/16/2020

FCA establishes Temporary Registration Regime for cryptoasset businesses

The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done so, to withdraw their cryptoassets or money before 10 January 2021.

12/15/2020

Apple Co-founder Steve Wozniak's New Ambition Kicks Off on HBTC

After success with Apple, Wozniak was attracted to the technology of blockchain and use of cryptocurrencies.

12/14/2020

British investors go all in on Bitcoin

Bitcoin has hit a record value of $19,920.53 this month, prompting a surge of interest from British investors

12/14/2020

France Approves New Cryptocurrency Measures to Fight Anonymous Transactions

Crypto exchanges will have to request two proofs of identity from their customers from the first euro spent, instead of the previous 1,000 euro minimum limit.

12/14/2020

Revamping the Industry with Blockchain Technology

Additionally, while Blockchain has created a huge buzz to accelerate digital transformation, it becomes imperative to understand the prowess of Blockchain technology.

12/14/2020

JPMorgan Says MassMutual’s Bitcoin Foray Signals Widening Demand

“One can see the potential demand that could arise over the coming years as other insurance companies and pension funds follow MassMutual’s example.”

12/11/2020

The Wealthy Are Jumping Into Bitcoin as Stigma Around Crypto Fades

With Bitcoin surging more than 270% since March, the rich are ratcheting up investments in digital currencies and anticipating further gains.

12/11/2020

An AI proposition is now 'table stakes' for fintech startups

Davey however doesn't believe there should be a concern that there will be diminishing returns for startups offering new propositions that harness AI and the data therein.

12/10/2020

Labuan IBFC: Home to 3 Digital Banks, 2 Digital Securities Exchanges and 19 Crypto Trading Platforms with 46 Digital Players Approved Since 2017

Growth in Digital Family, testament to the jurisdiction’s progressive approach in embracing the digital revolution

12/10/2020

Financial Services Driving Growth in Singapore Blockchain Use

A PwC Singapore survey found that blockchain has emerged as one of the top three technology trends in Singapore for 2021, with 70% of the respondents showing support for the technology, the report says.

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