Managers of Wealth Fintech

China’s central bank digital currency is “ready” after 5 years of development

According to Changchun, the currency has been in the research and development phase since 2014.

Abu Dhabi’s Mubadala throws support behind cryptocurrencies

Mubadala invests in MidChains, an Abu Dhabi-based exchange for cryptos

5 Trends That Wealth Managers Need to Keep Their Eyes On Right Now

While overall satisfaction toward wealth management firms are still at a healthy level

Local blockchain technology survey launched

Cartan is seeking a minimum of 400 survey respondents to ensure a statistically significant sample size of the population.

Bitcoin’s tipped to barge through $15,000! Is it the key to retirement riches?

And many people are expecting safe-haven demand for these assets to keep ballooning.

Commerzbank trials blockchain-based machine-to-machine payment solution with Daimler Trucks

Commerzbank has been actively exploring blockchain technology has successfully completed a number of blockchain trials

Central banks need better crypto asset data to contain risk – ECB research

The increase in linkages between the regulated financial sector and crypto assets over time may overwhelm current regulatory and financial frameworks, the research finds.

Globex and Antiguan Government Sign MOU to Launch Government-Bank Backed Digital Securities Marketplace

Goal to Make Antigua the Global Digital Securities Powerhouse with a Dollarized Exchange and Fiat Banking

Israeli Cryptocurrency Traders Locked Out of Banking System: Report

The issue is not the tax authorities

How can AI and virtual reality improve client experience?

Technology can give advisers ‘opportunities that can revolutionise’ the sector

Saudi British Bank believes blockchain can revolutionize global trade

Saudi Arabia is among the top nations who depend on international trade a lot.

Cryptocurrencies and the IRS: What you need to know

Some taxpayers reported their CVC transactions on timely filed income tax returns.

Does blockchain have a place in wealth management?

While innovation could transform the industry, regulation may hold it back

Dubai’s DIFC-based InsurTech firm secures new blockchain deal

The global InsurTech market revenue was valued at $533mln in 2018 and is expected to reach over $1bln by 2023

Swissquote Bank’s H1 net profit falls due to ‘significant’ decline in crypto trading business

Earlier this year, the bank also announced the launch of cryptocurrency custody service for both retail and institutional customers, in an association with Crypto Storage AG.

Crypto Derivatives Platform FTX Secures $8M In Seed Funding Round

Consensus Lab, digital asset management firm in blockchain-based capital market FBG, and crypto hedge fund Galois Capital also provided substantial funding.

UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance

By applying the platform, the parties aimed to boost transparency and optimize costs of access to credit for upstream suppliers within the China-based project known as Digital Guangdong.

Facebook: UK privacy chief joins warning about cryptocurrency

Libra, and its digital wallet Calibra, were announced in June by a group of companies backing it, led by Facebook.

How blockchain is revolutionising the way luxury brands do business

Luxury brands are turning to cutting-edge tech to ensure their customers are getting true authenticity, so where does blockchain fit in?

Full robo-advice 'impossible to regulate'

But machine learning models are full of numbers and not interpretable for most humans.

Bitcoin, Blockchain & AI