Managers of Wealth Fintech

China studying blockchain application for forex - regulator

China's parliament on Saturday passed a new law on cryptography, as the country gears up to launch its own digital currency.

UAE Accepts Crypto Regulation, Blockchain Projects Stand to Benefit

However, barring a few highly restrictive countries, such as Iraq and Kuwait, the region generally exhibits a very progressive and supportive stance when it comes to the blockchain industry.

Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round

The new funding is described as a Series B2 round and comes four years after it raised $5 million in the Series B round, also backed by Mirae Asset Venture Investment and KB Investment at the time.

Central Bank exploring ‘early introduction’ of digital currency on Abaco post-Dorian

The digital currency roll-is a key element in the Central Bank’s drive to modernize The Bahamas’ payment system, move consumers away from reliance on cash to electronic payments, and improve access to financial services – especially in r

Thailand’s SEC Approves ICO Platform – Leading the Region in Progressive Token Regulations

According to the Reference letter Seamico Securities Public Company Limited (the “Company”) informed the Stock Exchange of Thailand that SE Digital Company Limited (“SE Digital”)

CIMB Singapore and iTrust link up for trade finance blockchain transaction

The platform aims to address many of the fraud risks facing trade finance, such as phantom cargoes, fabricated documents and theft, by making the end-to-end trading process more transparent.

Leading Japanese Bank SMBC Completes Blockchain Cross-Boarder Test Using R3’s Marco Polo

After Indorama Ventures, Mitsui & Co and Bangkok Bank successfully finalized a cross-border proof of concept payment, Sumitomo Mitsui Banking Corporation (SMBC), who is Japan’s third biggest bank for assets under management, plans to leverage R3

Major Japanese bank takes the leap into blockchain; decides to use Marco Polo

The bank has stated that they expect the platform to launch within the third quarter of 2019 to become a leading provider of next-generation global trade finance solutions.

The New Face of Currencies

In this instance, our objective is to aid in demystifying the marginal distinction between the two types of digital currencies that currently exist

Dubai Chamber and Emirates NBD to issue blockchain-powered trade finance solutions

The DCCI has now also signed a Memorandum of Understanding with Emirates NBD

Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance

Cointelegraph reported in August that Dubai-based fintech company Wethaq partnered with enterprise software firm R3

Indonesia issues world's first blockchain sukuk

Islamic financial firms are incorporating social elements, such as environmentally-friendly and sustainable practices, to widen their appeal beyond religiously-minded customers in the Gulf and Southeast Asia.

China’s cryptocurrency plan has a powerful partner: Big Brother

The system emerging in China looks very different from bitcoin and other cryptocurrencies that enthusiasts have championed as tools of emancipation from big banks and governments.

International Intelligence Could Be Set For A Revolution With Bitcoin

The investigators were able to trace Bitcoin transactions that the key suspect has been using to manage the finances of the illegal activities.

Fidelity’s search for the technology of tomorrow

Buffeted by falling fees and rising costs, the asset manager is investing heavily in an effort to remain competitive

Who Is Going To Make Money In AI? Part I

We are in the midst of a gold rush in AI. But who will reap the economic benefits? The mass of startups who are all gold panning? The corporates who have massive gold mining operations? The technology giants who are supplying the picks and shovels? And wh

Chinese AI company urges IPO despite U.S. blacklisting

The company is appealing the United States' decision to include it on the Commerce Department's "Entity List," which prohibits American companies from providing crucial supplies like semiconductors, one person said.

Exclusive: What brings Huobi, one of the largest Digital asset exchange companies, to the UAE?

Huobi garnering a global share of 50% of digital asset exchange with accumulative turnover exceeding $1.2 trillion and access to over 450+ digital asset pairs, has taken the decision to expand its presence in the UAE and Middle East with its latest range

BlockFi Sees Institutional Investors Emerging From the Crypto Closet

Cold stares give way to casual embraces, and consensual investing.

Nearly 75% of German Consumers Would Reject Facebook's Libra: Survey

The rejection of Libra among the over 35 age group is significantly higher than among younger consumers.

Bitcoin, Blockchain & AI