10/16/2018
Fidelity Starts Crypto Business to Serve Wall Street Clients
Fidelity Digital Assets will offer security and storage services, trade execution and customer service for digital assets.
Bitcoin, Blockchain & AI
10/16/2018
Allianz artificial intelligence fund passes £880m mark
Allianz Global Investors' artificial intelligence (AI) fund has passed the €1bn (£880m) assets under management mark 18 months after its launch.
10/16/2018
Cryptocurrency: UK tax issues for fund investors
It is likely that the key tax issue for funds looking to invest in cryptocurrencies will be to determine whether the activity will be treated as an investment or trading activity.
10/16/2018
Blockchain technology can avoid bank frauds
According to a report in United States Bankruptcy Court, Nirav Modi companies used funds raised from one bank to repay outstanding letters of undertakings (LoUs) from other banks in a vicious cycle that broke out only when the scam was exposed.
10/16/2018
China Threatens Overseas Tax Havens, Will Investors Flock to Crypto?
But, local financial authorities have started to crackdown on investors that amass significant wealth in overseas markets.
10/15/2018
Goldman Sachs-backed cryptocurrency firm snaps up new business
He added that “eventually these marketplaces will have tens of thousands, if not hundreds of thousands of assets — so the next piece was a broker dealer”.
10/15/2018
Will cryptocurrencies act as tax havens for Chinese investors?
That is why there is a general assumption that the Chinese investors will turn to cryptocurrencies in order to park their money.
10/15/2018
Barclays halts work on cryptocurrency trading project
The initiative has been put 'on ice', according to people familiar with the situation
10/12/2018
Eqibank Launches An offshore Bank For Crypto And Possibly Tax Evasion
EQIBank also has an in-house cryptocurrency exchange, offers peer-to-peer loans between clients, and provides vaulting services for digital assets; all things that should endear it to traders and investors alike.
10/11/2018
Singapore Creating Invoice Platform Powered By Ripple Blockchain
Ripple was one of the early startups to gather funding in the region, with over 130 startup deals made by 2016 – bringing in $545 million worth of funds and setting up the space for a future in blockchain development.
10/11/2018
Crypto-asset markets: Potential channels for future financial stability implications
The FSB’s report includes an assessment of the primary risks present in crypto-assets and their markets, such as low liquidity, the use of leverage, market risks from volatility, and operational risks.
10/11/2018
SHANZHAI CITY Launches "iO-X" the World's First Blockchain-Driven Community Impact Exchange
Following China, iO-X will be launched in communities in Vietnam, Laos, Myanmar, the Philippines, Papua New Guinea, with observers from The World Bank, Asian Development Bank, and International Monetary Fund.
10/11/2018
PwC eyes blockchain opportunities and risks
The past spring, PwC debuted a Blockchain Validation Solution to help authenticate transactions for clients.
10/10/2018
Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019
Crypto-curious investors "are waiting for the right regulations to be in place and the right partners," Rain co-founder Badawy said.
10/10/2018
World first digital sukuk targets Bitcoin generation
Blossom Finance hopes its pioneering products can enable retail investors to benefit from the kinds of gains usually only enjoyed by institutions and the ultra-wealthy
10/10/2018
Left Behind: Buy-Side Firms Face Age-Old Question on AI
When it comes to artificial intelligence, first-mover advantage is clear.
10/10/2018
Singapore Will Help Crypto Firms Set Up Local Bank Accounts
Singapore has been pushing to develop its financial technology sector as a way of creating jobs and diversifying the economy
10/09/2018
Dubai to launch blockchain payments. Central Bank Digital Currency?
It is unclear whether this will be a Central Bank Digital Currency (CBDC) or a stable coin.
10/09/2018
AlphaBot launches weekly top 10 cryptocurrency report
Using AlphaBot, allocators can obtain fund performance and benchmarking data, then model, build and execute portfolios all from a consistent, user-friendly interface.
10/09/2018
Crypto firm wins Finma asset manager licence
The firm received its first Finma go-ahead in June when it became the first company of its kind to receive a distribution licence.