Managers of Wealth Fintech

Stablecoins, tokenization may destabilize global financial system, IMF article suggests

If the use of US dollar stablecoins increases massively worldwide, it could hollow out banking sectors

AI adoption brings cyber risks for UAE firms

The research highlights insider-driven data loss as a critical vulnerability in the UAE, with every CISO surveyed linking at least some form of data leakage to departing employees.

Banks set to accelerate spend on AI as productivity surges

The technology is also seen to be driving improvements in client experience, customer insights and business growth.

A call to action for banks in the AI age

Despite working with multiple banking partners, a significant 70% of treasurers say their cash-management needs aren’t fulfilled.

The GENIUS Act - a boost for fund tokenisation

A regulated, blockchain-based payment mechanism brings the automation of payments by tokenised funds a step closer.

Thailand Grants Five-Year Tax Exemption for Crypto Investors

The exemption applies to trades on SEC-regulated exchanges, brokers, and dealers

Trump and sons' stake in crypto firm worth $5bn

The company raised money by selling its eponymous digital tokens to investors, who were initially barred from selling.

Gemini files for IPO

Gemini Space Station plans to list on the Nasdaq Global Select Market and is looking to sell 16.67 million shares at $17 to $19 each, raising as much as $317 million.

Citing Crypto Risks BSP Freezes New VASP Licenses for Foreseeable Future

The central bank stated the decision considers the heightened risks associated with virtual assets and is part of its commitment to protect consumers and uphold financial stability.

Thunes to Broaden Payout Reach With Ripple’s Blockchain Tech

Ripple’s payments platform will support Thunes in extending coverage to more currencies and countries across its Direct Global Network.

Straits Millennium Cleared by MAS to Provide Crypto Payment Services

The license positions Straits Millennium to expand its role in Singapore’s regulated digital asset ecosystem.

ABL announces new investment in AI driven technology

The agreement represents the next step in ABL’s ongoing commitment to embrace innovation

US Department of Commerce puts economic data on-chain

The US Department of Commerce has enlisted Chainlink and Pyth to put macroeconomic data, including GDP, on the blockchain.

AI-powered finance is redefining the future of wealth management

AI enables mass customisation, helping create personalised financial plans at scale.

Local payments driving LATAM’s online shopping boom

The research also captures shifting consumer preferences across the region.

The AI Fraud Crisis That the CEO of OpenAI Wants Us to See

The scale of the problem is reflected in staggering financial losses, with AI-powered scams costing consumers over US$12.5 billion in 2024 and bypassing security measures nearly a third of the time.

Stablecoin platform Rain raises $58m

Enterprise interest in stablecoins has surged following the Genius Act in the US and the MiCA framework in Europe, which have created a clear regulatory path for adoption.

Finastra and Circle Open Door for USDC Stablecoin Use for Faster Settlements

The move follows Circle’s earlier pilot with Mastercard and expands the use of stablecoins in global banking networks.

Garanti BBVA migrates customers' crypto asset portfolios to banking app

Garanti BBVA Crypto users can now easily view their crypto assets, along with price information in real time, gains and losses, and watchlists directly from the ‘Investments’ menu in the bank’s mobile app.

Insights from the BMA’s Discussion Paper on Responsible Use of Artificial Intelligence in Bermuda’s Financial Sector

The BMA is taking a consultative approach to ensure that the proposed regulatory framework is fit for purpose while adhering to international standards.

Bitcoin, Blockchain & AI