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Getting Into the Financial Services Revolution With Alex Tapscott
23.2.2020
“Libra, on balance, is a good thing.” Alex Tapscott discusses his latest book with Cointelegraph
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
23.2.2020
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money...
How to Find Your Nearest Bitcoin ATM
21.2.2020
Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible...
Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services
21.2.2020
Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of...
In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
21.2.2020
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims...
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
20.2.2020
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator...
Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General
20.2.2020
Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said
Swiss Savers View Cryptocurrencies as Option, Now That Bank Accounts Don’t Save Them From Inflation
20.2.2020
Cryptocurrencies are gradually becoming a viable alternative for savers in Switzerland, according to a new poll. The Alpine nation’s crypto-friendly business climate and increasing regulatory clarity makes them a relatively easy addition to investors’ portfolios. Many Swiss people...
EU Securities Regulator Flags Risks of Big Tech's Entry Into Financial Services
19.2.2020
The ESMA, the EU’s financial governing body, noted several risks of big tech companies entering the financial space as part of a 2020 report
Bitcoin-Only Exchange Coinfloor Now Focuses on Consumer BTC Services
19.2.2020
After going Bitcoin-only, U.K.’s oldest crypto exchange Coinfloor starts promoting “no BS” approach in crypto
Financial Services: The Coming Cataclysm
19.2.2020
The next era of financial services will pit Wall Street against Silicon Valley against open protocols, like bitcoin, says author Alex Tapscott
Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services
18.2.2020
Blocknox, a subsidiary of the second largest German stock exchange, is expanding its crypto custody service to institutional players
Binance Cloud to Allow Users to Launch a Crypto Exchange Within 5 Days
17.2.2020
Binance’s new exchange-specific cloud solution will allow users to set up an exchange within five days, CZ says
Deloitte to No Longer Offer Non-Audit Services to Existing Audit Clients
17.2.2020
Following the lines of PwC and Grant Thornton, Deloitte has said that it wouldn’t deal with any non-audit services with the clients they audit. Non-audit services include any advisory services, due diligence, and consulting. Deloitte Haskins & Sells and all its subsidiaries will refrain...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
14.2.2020
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital...
DTCC Seeks Blockchain-Focused Security Framework for Financial Sector
13.2.2020
Market infrastructure giant DTCC recommends the creation of a comprehensive, blockchain-specific Security Framework for the financial services industry
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany
12.2.2020
European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German...