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Indian Crypto Trading Volumes Accelerate on Positive Sentiments
28.10.2019
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto...
Where to Spend Bitcoin: A Global Overview From Ljubljana to Zurich
27.10.2019
Slovenia’s capital has more than 10 times the number of Bitcoin-accepting business locations as San Francisco after controlling for population
Low Interest Rates Are Crushing Young People and Fueling Global Riots
27.10.2019
There are currently riots going on in Chile, Hong Kong and Lebanon. While in every place they are caused by complex local issues, there is a global problem that is an underlying trend: low interest rates which make it impossible for young people to save for their future and at the same time push...
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Regulators Join Forces to Tackle Global Crypto Challenges
25.10.2019
Could global regulators finally be deciding to work together – and are they stepping up their game to respond to the rapidly increasing pace of global fintech progress?
Some of America’s most powerful financial regulators – including the Commodity Futures Trading Commission (CFTC) and...
SEC, CFTC, OCC, FDIC Join UK FCA’s ‘Global Sandbox’
24.10.2019
Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech
Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes
24.10.2019
On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...
US Financial Watchdogs Join UK’s Global Financial Innovation Network
24.10.2019
An array of U.S. regulatory agencies has joined the U.K’s Global Financial Innovation Network to further promote its expertise
Bittrex International to Face Closure and Bittrex Global to Get Launched on Same Day
22.10.2019
The United States-based leading cryptocurrency exchange Bittrex has broadcasted the news of the long-awaited launch of the Bittrex Global trading platform for its users on October 29, 2019. The announcement also confirmed the closing of the Bittrex International crypto exchange on the same day....
Litecoin Foundation’s Loafwallet Joins Hands With Cornerstone Global Management, LLC for Its CP3 Employee Pay Program
22.10.2019
The leading cryptocurrency-oriented firm, Cornerstone Global Management, LLC, has announced its partnership with the globally reputed platform, the Litecoin Foundation. The strategic partnership is aimed at providing the Loafwallet, serving as Litecoin’s native wallet, as the potent Litecoin wallet...
FATF Starts Checking How Well Countries Implement Crypto Standards
21.10.2019
The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements...
Former Chief of Bank of England Warns World Economy is ‘Sleepwalking’ Into a New Financial Crisis
21.10.2019
Over the past months, many experts and policy-makers have voiced their concerns over the state of the world economy. In a new development, the former governor of the Bank of England, Mervyn King has stated that the global economy is heading towards a new financial meltdown. He actually used...
Huobi Global Joins Hands with TRON to Bring TRC20-USDT for Users on the Platform
19.10.2019
Huobi Global and TRON have jointly announced the TRC20-USDT, a two-phase bonanza, where users will get exclusive benefits from trading the TRON based Tether on the crypto exchange. As per the announcement, users with net deposits of more than 100 TRC20-USDT will get a 30% APR as reward. These users...
FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns
18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial
18.10.2019
Raiffeisen amongst 28 organizations in the first global-scale trial on R3 Corda network
Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
18.10.2019
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability
Blockchain and Its Impact on Various Technologies to Be Discussed at Convergence, the Global Blockchain Congress 2019
18.10.2019
The Bank of Japan, the World Trade Organization, the Inter-American Development Bank, and the World Economic Forum will participate in a global congress, where a direct dialogue will be established to outline the future of the industry. Brussels – October 17, 2019—The first blockchain global...
G7 Task Force Releases Full Report on Impact of Global Stablecoins
18.10.2019
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report