01/02/2019
Blockchain is making its way into Islamic finance
UAE-based Al Hilal Bank in November last year became the world’s first Islamic bank to execute a sukuk transaction via blockchain on the Abu Dhabi Global Market financial center.
Bitcoin, Blockchain & AI
01/02/2019
The strange case of Hush...
The company appeared to be credible because it was founded by Éric Charpentier, who had been the founder of banking startup Morning.
01/02/2019
South African Government Establishes Crypto Assets Regulatory Working Group
The taxation laws amendment bill of 2018 included amendments that, Mboweni explained, would ensure that losses may only be offset against profits from crypto.
01/02/2019
Open banking entering a new seamless era, says fintech
Dratva advised banks to make it as convenient and pleasant as possible for customers to conduct their banking business, emulating the likes of Amazon and Alibaba
12/31/2018
East Africa must harness a digital financial services ecosystem
These positive trends are the result of sustained efforts on the part of the private sector, donors and government alike.
12/30/2018
Rumour Has It That Pension Funds Will Invest In Crypto
The largest 300 pension funds currently control over 6 trillion USD in assets and it is highly unlikely that pension funds will soon be investing in crypto.
12/28/2018
The best jurisdictions to launch a Security Token Offering?
A Security Token may represent the Tokenized version of a number of securities such as equity, debentures or bonds or have features similar to a security.
12/28/2018
Largest Bank in Kuwait Integrates with Ripple for blockchain Cross-Border Payments
This direct remittance is actually packaged to serve the Jordan area, it costs just KD 1 per transaction when transferring to NBK Jordan and KD 5 when transferring to other banks in Jordan.
12/28/2018
Bitcoin Price Speculation for 2019
With Bitcoin being a new, relatively low volume asset class gaining steam, fundamentals play a seemingly exaggerated role with price action, and technical analysis is gradually becoming more reliable.
12/25/2018
Two Crypto Firms Merge To Create A Go-To Platform That Provides Support To Institutional Investors
Interchange will be designed to provide services to over 100 cryptocurrency-focused clients, giving these customers access to tools that will allow support for a host of users including hedge funds, digital asset exchanges, and family offices.
12/23/2018
Coinbase CEO To Donate Crypto Wealth, Joins Buffet-backed Philanthropic Effort
Now, just six years later, his personal net-worth has presumably swelled to hundreds of millions, if not billions — on the back of the Bitcoin craze.
12/21/2018
Bitcoin “a pyramid scheme” says CFA Institute
In a very accurate review, the CFA Institute says of Bitcoin “Whatever it is, it is not a legitimate investment.”
12/19/2018
HSBC taking data analysis service to business customers
HSBC is upping its search for artificial intelligence expertise as it takes a data analytics service to its business customers
12/19/2018
‘Bitcoin will be the digital store of wealth in the future’: Mike Novogratz
The process of tokenization is also accelerating with Novogratz pushing for more “tokenized objects” in the future, from “LP interest in funds to arts.”
12/19/2018
America Could Lead the Transition to a Digital Currency Reserve
It would also put the United States at the heart of a more open and equitable financial system.
12/19/2018
German bank KfW trials blockchain technology for public finance management in Burkina Faso
The trial is being supported by Burkina Faso’s Ministry of Finance.
12/18/2018
UBF explores adoption of blockchain in banks
Banks to focus on digital transformation and Emiratisation
12/18/2018
Central Bank of Egypt (CBE) to Explore Digital Currency Issuance Options
The Central Bank seems to be inspired by other banks around the world that have chosen to emit cryptocurrencies and digital currencies of their own national tokens.
12/18/2018
Malta To Get A Blockchain Bank
Speaking exclusively to CCN, Psaila commented that when operative, the Bank planned to bring back proper banking services to clients.
12/17/2018
Ripple to Launch Blockchain Remittances to Asia with Major UAE Exchange
The source also confirmed that Asia is “one of the largest recipients of the $613 billion in remittances estimated to have been sent globally in 2017”.