Managers of Wealth Fintech

Bitcoin could 'bring the internet to a halt,' banking group warns

The report's authors were unimpressed, detailing a range of problems with trying to adopt cryptocurrencies as a widely used form of money.

Artificial intelligence will enable banks to increase customer loyalty

It is easy to get carried away with the buzzword of artificial intelligence.

Singapore and Irish state-backed organizations invest in blockchain startup AID:Tech

The combined funding will help us hire, scale, and ultimately deliver on projects with our global clients from governments and enterprises to NGOs and charities.

Chainalysis Research Reveals Extent to Which Bitcoin Wealth Is Concentrated

Bitcoin’s money supply is thought to be more liquid than that of Bitcoin Cash.

Singapore to develop code for ethical use of AI and personal data

Asian city-state taps public and private sector to create voluntary governance rules

Bahrain grants regulatory sandbox license to Dubai cryptocurrency exchange Palmex

A regulatory sandbox is a framework and process that facilitates the development of the financial technology (fintech) industry in a safe and calculated way.

Big banks have dire predictions for those who spend all day ‘keyboard hitting’

Throsby explained that machines will take over “lower-value tasks” and a smaller number of employees will be making more money.

GECKO Governance launches compliance solution for ICOs with approval from Isle of Man

GECKO Crypto1 will address issues of accountability and transparency within the ICO market

Crypto Trader Apologizes for 1,200% Gains

According to Business Insider, some of these cryptocurrency elite are even somewhat ashamed of their ridiculous gains.

Swiss Bank to Allow Business Accounts for Crypto Companies

While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.

ICOs to account for 10 per cent of UK firms’ capital raising by 2023

The vast majority (83 per cent), however, believe the UK needs to introduce tougher regulation to the sector to ensure its success, while only 3 per cent believe that ICOs can ever replace private equity completely.

Crypto a threat to central bank driven monetary policy says IMF

In a world of decentralised currency, the role of a centralised monetary policy is uncertain

14 Italian Banks Test Blockchain Tech for Interbank Reconciliations

The financial institutions will further leverage the blockchain technology to prove certain elements such as lack of a standard approach and a unified communications protocol

Universities are Set to Begin Institutional Adoption of Bitcoin

Small hedge funds and medium-sized investment firms are not categorized as institutional investors which are different from the opinion of several investors in the cryptocurrency market.

South Africa’s Central Bank Test Ethereum-Based Blockchain Payments

An important point to mention is that the transactions were processed within 2 seconds and with full confidentiality and 100% settlement rate.

South African Central Bank Pilots Blockchain Settlement Solution Via JP Morgan

This report came only months after the Bank of England launched a similar investigation into blockchain technology

German finance regulator six institutions involved cryptocurrency

Six financial institutions in Germany are already “dealing” in cryptocurrency in some form, the country’s finance ministry has confirmed.

AGM Group Holdings Acquires Two Asset Management Firms

It looks like Beijing-based AGM Group Holdings has decided that the time is ripe to get more involved with cryptos. To help accomplish that goal, the company has inked two acquisition deals in quick succession — one with Hong Kong based SIFT Capital

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.

Bitcoin, Blockchain & AI