06/30/2019
Why Africa should embrace cryptocurrency
To think that decentralised digital currencies like Bitcoin and Ethereum won’t fundamentally change how the world views and uses money would be rather absurd.
Bitcoin, Blockchain & AI
06/29/2019
Bitcoin, The Dollar And Facebook's Cryptocurrency: Price Volatility Versus Systemic Volatility
Bitcoin is the opposite of fiat currencies, which generally exhibit price-stability but are susceptible to periodic bouts of financial system instability.
06/28/2019
Big data crucial to serve mass affluents cheaply
Wealth managers will need to use AI and big data to keep their share of the mass affluent market out of the hands of robo advisers.
06/28/2019
How AI could shape the future of investment banking
Automation isn’t something new to investment banking.
06/28/2019
EU Banks Fast-Track Instant Payments Post Libra Launch
One of the advantages of tech firms, he said, is that they are global companies, as opposed to just fragmented financial entities in one region.
06/27/2019
Should Blockchain Be Armed With its Own Regulations?
Blockchain appeared in 2008 with the peer-to-peer electronic cash system developed by Satoshi Nakamoto (called Bitcoin), and it is on the verge of revolutionising how we interact and conclude transactions in the digital world.
06/27/2019
Swiss Stock Exchange Introduces Ethereum Tokens via R3 Tech
The Swiss security token firm BlockState plans to introduce six ERC-20 tokens from Ethereum blockchain onto the Swiss Stock Exchange supported by mirroring them on R3’s Corda platform.
06/27/2019
Anum lists crypto basket on SIX Swiss Exchange
Matt Hougan, Global Head of Research for Bitwise Asset Management, adds: “We are thrilled to be working with Amun to help investors gain diversified exposure to the most important crypto projects.
06/26/2019
Financial Action Task Force moves to regulate crypto exchanges
The FATF is giving countries 12 months to implement the guidelines into their laws and regulations and has set a review for June 2020.
06/26/2019
Crypto craze: WMs react to Facebook’s Libra setting up shop in Geneva
Four wealth managers detail their initial reactions towards Libra’s Swiss arrival, and what the future holds for cryptocurrency firms.
06/26/2019
CMC Markets to launch range of crypto indices
Crypto index spreads will also typically be tighter than those of the individual underlying coins.
06/24/2019
Bitcoin climbs above US$11,000 amid renewed mainstream interest, but observers warn caution is warranted
The largest cryptocurrency had a furious run higher in late 2017 that culminated with a top above US$19,500
06/23/2019
Global money-laundering watchdog launches crackdown on cryptocurrencies
The move by FATF, which groups countries from the United States to China and bodies such as the European Commission, reflects growing concern among international law enforcement agencies that cryptocurrencies are being used to launder the proceeds of crim
06/23/2019
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
A bill prohibiting the use of crypto assets as a means of payment in the Russian Federation passed in May of last year.
06/23/2019
Will PwC’s New Software Solve the Cryptocurrency Auditing Problem?
The new tool reportedly allows PwC to establish crypto asset ownership and gather information about transactions and balances from blockchains.
06/21/2019
Uses of blockchain in the M&A process
Blockchain technology can also assist in recording intellectual property assets.
06/21/2019
Israel: First court decision issued on taxation of Bitcoin transactions by individuals
The tax authorities took the position that Bitcoin should not be regarded as currency or foreign currency.
06/20/2019
Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
The instrument is designed to automate the accounts receivable (AR) process for HSBC’s corporate customers and their network of buyers, enabling a secure communication layer between network participants and reducing manual work such as invoice payme
06/20/2019
Lawmakers Slam Facebook Over Crypto Plan, Call for Moratorium
"With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users."
06/20/2019
AI to reorganise Asia's insurance landscape
The insurance industry in Asia is mostly welcoming of AI, and, according to Srikanth Venkatesan, Asia-Pacific head of insurance at Cognizant, the region is at the forefront of adopting newer technologies.