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Banking Giant HSBC Set to Fire 10,000 More Employees
8.10.2019
The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...
German Bank Predicts BTC at $90,000 After Next Halving
3.10.2019
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Crypto Broker Prasos Wins EU Payment Institution License
12.7.2019
The Finland-based crypto firm says it can expand its fiat payment offerings after being granted the license
Nasdaq and CryptoCompare Partner on Institution-Oriented Crypto Pricing Product
11.6.2019
The world's second-largest stock exchange, Nasdaq, and crypto data provider CryptoCompare have partnered to release a crypto pricing product for institutional investors
Tax Crackdown on Crypto: 60 Targets, 'Global' Institution Involved
6.6.2019
International coalition against crypto tax criminals, J5, is working on 60 investigations, while at least one "global financial institution" and its intermediaries are being targeted among others, a member of J5, the Australian Taxation Office (ATO), confirmed.
The ''global" institution and...
Another Crypto Exchange Launches OTC Desk While Huobi Global Unveils a Token Launch Platform
23.3.2019
Poland-based cryptocurrency exchange BitBay has launched a crypto over-the-counter (OTC) trading desk. A well-known community trader claims that the price of Bitcoin may fall below $3,500 before the next major break-out can be possible. Huobi Global, one of the largest […]
The post Another...
Hacked Exchange Cryptopia Promises to Compensate Lost Funds, Morgan Creek Digital Backs Ikigai Asset Management
21.3.2019
Hacked New Zealand cryptocurrency exchange Cryptopia has emailed its customers telling them about the security breach that happened on Jan. 14 and how it plans to move forward including a plan to compensate those affected by the hack. The exchange […]
The post Hacked Exchange Cryptopia...
Visa Inc. Dips Full-throttle into Crypto, Another Startup Launches a Crypto Debit Card
19.3.2019
Things are turning for the better in the crypto industry as traditional major companies are adopting blockchain technology one way or the other. Payments giant Visa Inc. has set up a cryptocurrency unit and is already looking for the right […]
The post Visa Inc. Dips Full-throttle into...
More Capital Flows to the Crypto Sector as Bloomberg Suggests that Bitcoin is Running out of Steam
14.3.2019
A Bloomberg Intelligence analyst believes that Bitcoin’s recent momentum may be running out of steam, resulting in another sell-off and price plunge. Crypto futures exchange CoinFLEX has garnered financial support from two crypto venture firms and added more big names […]
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SEC’s Assessment Concludes that Ethereum is not a Security, IBM Joins Crypto Custody Business
13.3.2019
U.S. Securities and Commission Exchange (SEC) Chairman Jay Clayton has written a letter to U.S. Rep. Ted Budd in which he agrees with Division of Corporate Finance Director Bill Hinman evaluation that Ethereum, the second largest digital asset by market […]
The post SEC’s Assessment Concludes...
Invesco Blockchain ETF to Debut on London Stock Exchange, Facebook’s Cryptocurrency a Potentially Cash Cow
12.3.2019
Apart from the falling digital asset prices, the crypto industry is going through a good spell as positive developments have been announced in the past days. American based asset manager Invesco has launched a blockchain-based ETF that will trade on […]
The post Invesco Blockchain ETF...
Decorating lines of text with box-decoration-break
8.5.2018
An institution’s motto, an artist’s intro, a company’s tagline, a community’s principle, a service’s greeting… all of them have one thing in common: they’re one brief paragraph displayed on a website’s home page — or at least the about page!
It’s rare that just one word or one line of text...