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Finoa and Dapper Labs Announce Exclusive Partnership To Bring Institutional-Grade Custody To Flow Ecosystem Investors
20.10.2020
Berlin, October 20, 2020: Finoa, one of the leading digital asset custody and financial servicing platforms in Europe, and Dapper Labs, the company known for creating CryptoKitties and NBA Top Shot, announces that Finoa has been exclusively selected as one of top custody providers for FLOW and...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
US financial watchdog fines early Bitcoin mixer $60M for money laundering
19.10.2020
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations
The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
19.10.2020
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, and she stressed...
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Mission-driven cryptocurrency requires an active commitment to equity
17.10.2020
Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion
Ripple Donates $10M to Mercy Corps for Increasing Financial Inclusion
16.10.2020
The donation will be used to support fintech solutions that leverage blockchain technology and digital assets to further financial inclusion
Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
16.10.2020
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency...
New York’s Financial Regulator Targets Crypto Firms for Digital Reporting Initiative
15.10.2020
The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies
Ebang aims to set up digital financial platform in New Zealand
15.10.2020
The Nasdaq-listed company is moving ahead with its ambitious expansion plan
Diginex: An Early-Stage Cryptocurrency Exchange With High Aspirations
13.10.2020
Diginex’s operations and filings can give us deeper insights into the exchange industry, historically unknown to the public
FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
13.10.2020
Finance officials never once named Libra. But they didn't have to; the proposed stablecoin's shadow still loomed
Ripple’s Larsen Says US at Risk of Losing Stewardship of Global Financial System to China, Disses SEC
11.10.2020
Chris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.” See also: SEC Will Be Forced to Give Crypto...
Buying Bitcoin Locally vs Online: Which Bitcoin of America Method is Best for You?
10.10.2020
With a second stimulus check due, now is the time to start thinking of your financial future, with the opportunity to buy bitcoin at a time when many people are predicting its continued rise in its value. You may have already seen a Bitcoin of America ATM in a local store and been impressed...
Crypto banks are going to swallow fiat banks in 3 years — or even less
10.10.2020
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto
Financial giant SBI to run its first security token offering in October
9.10.2020
SBI is considering tokenizing assets like real estate and fine art in the future
Ethereum Is the Frontier of Financial Innovation
8.10.2020
Innovation occurs when the costs of iteration and experimentation reduce
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...
Japanese financial giant SBI acquires TaoTao crypto exchange
7.10.2020
SBI now has two licensed crypto trading platforms in Japan
UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses
7.10.2020
The U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In...