01/03/2019
In a written letter to parliament, Finance Minister Tito Mboweni explained the new regulatory group will dedicate resources toward a governmental response to cryptocurrencies and the technology’s surrounding economy.
01/02/2019
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.
01/02/2019
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
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
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
These positive trends are the result of sustained efforts on the part of the private sector, donors and government alike.
12/30/2018
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
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
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
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
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
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
In a very accurate review, the CFA Institute says of Bitcoin “Whatever it is, it is not a legitimate investment.”
12/19/2018
HSBC is upping its search for artificial intelligence expertise as it takes a data analytics service to its business customers
12/19/2018
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
It would also put the United States at the heart of a more open and equitable financial system.
12/19/2018
The trial is being supported by Burkina Faso’s Ministry of Finance.
12/18/2018
Banks to focus on digital transformation and Emiratisation
12/18/2018
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
Speaking exclusively to CCN, Psaila commented that when operative, the Bank planned to bring back proper banking services to clients.