Managers of Wealth Fintech

Finantix acquires InCube

This is supported by a Gartner report which cites that the use of AI-powered tools is proliferating in financial services.

Contour Emerges As Latest Blockchain Trade Finance Tool

The commercial launch is anticipated during the second half of 2020, after the platform finished in excess of $30 million in letter-of-credit transactions last year during the pilot phase.

Cryptoassets, regulation and financial crime by Therese Chambers, FCA

Speech by Therese Chambers, Director of Retail and Regulatory Investigations at the FCA, delivered at The Advancement of Digital Assets and Addressing Financial Crime Risk, New York University School of Law.

Blockchain Trade Finance Platform Ready in Hong Kong

In China, blockchain-backed trade finance is already widely adopted. Around 170 banks in China have joined the blockchain platform spearheaded by the State Administration of Foreign Exchange to provide trade finance to their clients.

Will falling stocks and fiscal stimulus be good for crypto growth?

The lower rate is intended to encourage spending, borrowing and money flow through the economy as fears of the Coronavirus outbreak spread.

IRS FAQs ‘Perfect Storm’ of Confusion for Crypto Users, Banks

Even professionals must stay on their toes to make sure they know the IRS’s latest stance.

How WMs can survive the robo revolution, by ex-Google Germany head

Change is being driven by macro trends in technological developments.

Lloyd's launches crypto insurance services

The policy is worth £100,000 and will ensure insurance for investors should their crypto wallets suffer a hack.

Ripple Powers X-Border Corporate Payments For UAE Bank

PNC was reportedly the first U.S. bank to use RippleNet’s blockchain network to move money across borders.

Crypto in Africa: A coming money revolution?

Cryptocurrencies have the potential to revolutionise the financial system, but following a series of scams there is still a good deal of scepticism about them.

RippleNet network in UAE expands with Bank of Fujairah

National Bank of Fujairah to add value to RippleNet network in UAE The collaboration between Ripple and the National Bank of Fujairah will offer the customers a whole range of innovative FinTec solutions.

Bank of Japan Official Calls for Deeper Understanding of Digital Currencies

When international locations think about issuing central financial institution digital currencies, they need to conduct a complete research on the way it impacts their settlement and monetary techniques.

Bitcoin CME premiums drop as institutional investors close out

Even post the Bitcoin block halving, which is slated to mark a price incline, owing to the reduction in block rewards, the June 2020 contracts are down to 2.71 percent and 3.29 percent premium on CME and the other exchanges.

Tech firms could defeat banks on the crypto issue, says Bank of England official

The Bank of England's Chief Cashier stated that central banks need to quicken the pace of CBDC development if they are to beat the private sector.

Steven Seagal fined £240,000 over cryptocurrency scheme

The SEC also noted that under anti-touting provisions of federal securities laws, "any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in excha

Is Malta the centre of the cryptocurrency business market?

With low tax rates, crypto-friendly regulation and a tech-savvy Government, 'Blockchain Island' Malta possesses all the ingredients for businesses to succeed in this sector

Coronavirus: impact on bitcoin price and possible recession

Concerns around coronavirus are also reportedly behind fluctuating Bitcoin prices, too.

Luno will now allow customers to trade Ripple on its platform

In 2019, Luno asked a sample of customers which coins they would most like to see added to the platform and the survey found that Ripple was the coin they most wanted to buy.

Russia's Richest Man Launches Metals Blockchain

Central Bank gives green light to Vladimir Potanin’s crypto token, Atomyze.

IRS Plans Crypto Crackdown for Tax Evaders

The IRS has called for a summit to be held early next month to address the responsibilities that cryptos holders have.

Bitcoin, Blockchain & AI