Managers of Wealth Fintech

Crypto-Focused Hedge Funds Keep Launching at Hectic Pace

The number of crypto-focused fund launches continues to accelerate this year despite the sharp drop in Bitcoin prices from 2017.

The Wealthy Are Embracing Cryptocurrency – More Than 30% Invested in Cryptocurrency Markets

This survey shows and demonstrates that these wealthy investors are not able to ignore the potential of cryptocurrencies in the economic and financial world.

Pundi X readies Indonesian crypto-payment business

The crypto-payment solutions start-up is ‘pre-installing’ its point-of-sales device, in the expectation that the nation’s central bank will eventually relax its ban on bitcoin payment transactions

This Week in Bitcoin: Digital Money Makes the World Go Round

This was evident in stories from all over the globe that were covered in this week’s daily editions of Bitcoin in Brief.

Taking the lead in fintech and cryptocurrency

The coordination meeting brought about several inquiries from these participating agencies.

Can blockchain truly provide a workable solution?

Will blockchain go down the same road?

Cryptocurrency: Is the juice worth the squeeze? by SSC

For now, one thing is evident: cryptocurrencies are extremely volatile, with the potential for enormous swings in either direction almost instantaneously.

Singapore-based AI startup scoops Australian RegTech award

The event aimed to showcase innovative solutions where regulatory technology (RegTech) could be used to address regulatory challenges and problems.

AI: Banking's Trillion Dollar Shot

With smartphones underpinning the finance industry's tech push, Asia will likely see exponential growth in AI-based solutions.

Bitcoin cash and EOS added to deVere Crypto

The news comes as deVere release the findings of a new international poll in which it is revealed that 35 per cent of high net worth individuals are now already invested in or will make investments in cryptocurrencies before the end of 2018.

Why Blockchain Poses an Unusual Challenge for GDPR Compliance

Many of GDPR’s biggest mandates are fundamentally incompatible with blockchain technology. How can blockchain operators find common ground with the new regulation?

One of the Largest Banks in the Philippines is Implementing Ethereum With ConsenSys

The vast majority of individuals and even businesses rely on local remittance networks and outlets such as M Lhuillier, Cebuana Lhuillier, Palawan, and LBO to send and receive payments both domestically and internationally.

South African Investment Firm to Launch Cryptocurrency Exchange

“The cryptocurrency market is evolving at a rapid pace internationally and domestically, and is attracting both domestic and international flows.”

Kuwait Finance House Joins RippleNet for Improved Cross-Border Transactions

Kuwait Finance House is the first Kuwaiti bank to join RippleNet.

Growth for SA-developed AI cryptocurrency

Accuracy is heightened by the predictive model that encompasses nine areas of strategy, Reddy says.

Australia’s First Retail Crypto Asset Hedge Fund Will Launch This Year

There is a lack of competition among exchanges, although the recently launched CoinJar Exchange might make positive things happen in the near future.

South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency

The Reserve Bank has established a fintech task force to review its stance toward private cryptocurrencies

Norway's Central Bank Mulls Digital Currency as Cash Use Declines

Already, the country's DNB bank has stopped handling cash, with Trond Bentestuen, group executive vice president of wealth management and insurance at the bank, telling local media as far back as 2016, that only 6 percent of Norwegians use cash on a

Schroders invests in WeInvest

Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.

Japan’s Tokyo-based Bank Mitsubishi UJF Testing an In-House Digital Currency ‘MUJF Coin’

MUFG Coins is an inevitability would “overcome issues of [existing] virtual currencies” like volatility “[to] create a highly useful currency” said bank president Nobuyuki Hirano.

Bitcoin, Blockchain & AI