06/13/2019
FINRA Fines Ex-Merrill Lynch Investment Adviser Over Crypto Mining Sideline
The agency has fined Kim $5,000 for the infraction and suspended him from association with any FINRA-registered firm for one month.
Bitcoin, Blockchain & AI
06/12/2019
Legal and General launch pension risk blockchain
Legal and General had several separate systems that dealt with PRT and created a blockchain system that handles it all.
06/12/2019
UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals
For now, AWS’ blockchain platform will be used for Legal & General’s bulk annuity business outside the U.K. and the U.S., although it may be expanded to include those markets down the road, a spokesperson for the firm told Reuters.
06/12/2019
First captive to manage cryptocurrency risk formed on Bermuda
The company will retain some of the risk with the rest being held by the captive, which will not buy any further coverage in the open market.
06/11/2019
Metaco Offering Crypto Custody Insurance via Giant Broker Aon
This is Aon’s latest partnership with a crypto custody player, following tie-ups with San Francisco-based Anchorage and Vo1t, which employs former staffers of the U.K. Ministry of Defence.
06/11/2019
The offshore digital assets industry: too much risk for regulators, banks and insurers?
The intervening period has seen a steep learning curve for regulators, banks and insurers as they seek to understand the new digital assets industry and the risks that come with it.
06/11/2019
Ripple Launches Office in Brazil, Targets Further Expansion Across Latin America
Having joined Ripple in March 2019, Sacco stated that the company intends to bring more clients to its payment network RippleNet
06/11/2019
Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
while cryptos and blockchain can be useful for settlement, they effectively allow users to sidestep the banking system.
06/10/2019
Russia may set up offshore zone for cryptocurrency and FX trading on Chinese border
Similarly, in the Philippines, another cryptocurrency hub is being built in the Cagayan Special Economic Zone, striving to be "the Crypto Valley of Asia."
06/09/2019
Ben Brabyn, Head of Level39, gives his low down on the key themes of Money20/20 this year.
This is an optimistic event for a reason – Innovate Finance showed that fintech investment in the UK rose by 17 per cent in 2018 and a recent report from GP Bullhound suggests that fintech companies are driving growth rates in Europe’s tech ec
06/08/2019
Deloitte Tests Data handling of Three Irish Banks on Ethereum Blockchain
Three Irish banks have decided to use the staff data solution on blockchain technology.
06/07/2019
Raising the Bar: Reporting on Volume and Sales of XRP
At Ripple, we believe in proactive transparency.
06/07/2019
Digital assets: striking the balance between innovation and regulation
The jurisdiction has however ventured into the digital asset custody sphere with the introduction of a new regulatory framework for digital asset custodian services.
06/07/2019
A $100 Million CFTC-Registered Fund Makes Long-Term Bet on Ethereum
Darma Capital’s approach is based on its vision of the fundamental changes that blockchain technology has made possible.
06/06/2019
‘Switzerland needs national cryptocurrency’: think tank
In a report entitled “Blockchain After The Hypeexternal link”, Avenir Suisse argues that it is time for the talking to stop and for the SNB to take the plunge into a centrally issued digital currency.
06/06/2019
China’s iFlytek raising up to $350m to invest in AI
Tech company bolstering domestic ecosystem as US eyes digital ‘iron curtain’
06/06/2019
Crypto hedge funds grew last year despite bitcoin losses
The repor further highlighted that the average fund AuM was $21.9m as of Q1 2019 and 60% of funds have less than $10m in assets while only less than 10% are managing assets over $50m.
06/06/2019
Innovations in Blockchain and Artificial Intelligence
How Broadridge is applying new technologies to drive benefits for our clients.
06/06/2019
A government-backed cryptocurrency is gearing up to launch following fund creation and UN talks
The blockchain behind it will be open-source, allowing other countries to fork it and potentially establish their own local digital legal tender
06/06/2019
Japanese Crypto investors have avoided 93 million in taxes
This is an outrageous number even by Scandinavian standards and could be the explanation of why investors refrain from disclosing such information.