Search
Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain
12.11.2019
Alibaba’s financial technology subsidiary started testing its enterprise blockchain
Alibaba’s Ant Financial Starts Pre-Launch Testing of Consortium Blockchain
12.11.2019
The fintech arm of Chinese tech giant Alibaba Group said it expects the blockchain to go live in around three months
Crypto Banks Gain Regulatory Recognition Across the Globe
11.11.2019
Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition...
Even Financial Professionals Say Bitcoin to Outperform S&P 500
11.11.2019
Almost 50% of surveyed financial professionals think that, over the course of the next year, Bitcoin (BTC) will outperform a popular stock market index, S&P 500. And while many of them still avoid cryptocurrencies, majority believe there will be a global digital currency in the next decade.
Crypto...
Danske Bank Caught Using Gold Bullion to Launder Illicit Funds
10.11.2019
The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...
Virtu Financial Launches New Unit ” Virtu Capital Markets” for Capital Markets
8.11.2019
In a new development that will be closely watched by the financial industry Virtu, announced the launch of a separate business unit “Virtu Capital Markets” that is going to be solely concerned with the capital markets. Virtu Financial is going to provide some specialized services that could prove...
Could Blockchain Technology Prevent the Next Financial Crisis?
8.11.2019
What exactly can blockchain tech to offer in order to put a stop to the future declines in economic
Mitsubishi UFJ Financial Group Sets Blockchain Consortium on Security Token Research
7.11.2019
On November 6, 2019, Mitsubishi UFJ Financial Group (MUFG) announced to establish a blockchain-based research consortium on Security Token with Mitsubishi UFJ Trust, The Trust Bank Corporation, MUFG Bank, Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS), and other 21 companies....
Leading Japanese Firms Partner on Security Token Research
7.11.2019
MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management
IBM Teams Up With Bank of America to Create Cloud Technology for Financial Services
6.11.2019
In a development that is surely going to have far-reaching ramifications for the banking and financial services industry, International Business Machines (IBM) announced today that it had created a financial services centric cloud technology in partnership with Bank of America. It is a significant...
Rwanda’s Plan Momentum Rise to Become Financial Hub in Africa
5.11.2019
Over the past few years, the African country of Rwanda has made a conscious effort to become one of the key financial hubs in the region, and it seems that its plans are finally taking shape. It has emerged that the Rwandan Government’s highly ambitious projects, Kigali International Financial...
Edoardo Battista Ancora Joins BDO Advisory to Focus on Financial Advisory Services
5.11.2019
Key appointments in the world of finance are always big news, and one such came about today after it was announced that Edoardo Battista Ancora has decided to join Luxembourg based BDO Advisory. Ancora is well known for his experience in both financial advisory services and in corporate finance...
How Blockchain Disrupts Global Business | Sibos 2019
5.11.2019
Cointelegraph travelled to London to learn why businesses are now experimenting with blockchain technology
Finland Approves First 5 Crypto Service Providers
5.11.2019
Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.Bitcoin.com. The grace period for operating without registration has expired. Also read: Finland...
Financial Market Infrastructure Summit, November 21-22, 2019 in Barcelona
5.11.2019
Join our Financial Market Infrastructure Summit on November 21st and 22nd, 2019 in Barcelona, Spain. Financial Market Infrastructure is a combination of our two very successful conferences: Post Trade Forum and Collateral Management Forum. After enormous interest from speakers and delegates,...
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Blockchain Conference TNABC Returns to Miami
1.11.2019
On January 16-17, The North American Bitcoin Conference (TNABC) and Miami Blockchain Week are returning to the sunshine state as 2020 sets in motion. TNABC, celebrating its seventh year running, will feature prominent speakers, crypto developers, and blockchain executives during the event hosted...
21 Crypto Exchanges Ask for License From Malta’s Financial Watchdog
1.11.2019
The Malta Financial Services Authority has received letters of intent from 21 crypto exchanges to be licensed under the Virtual Financial Assets Act
Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam
31.10.2019
The Malta Financial Services Authority says a Bitcoin scam has resurfaced under a different guise
Financial System Blind to Crypto’s Deflationary Impact, Says Analyst
31.10.2019
Crypto’s deflationary impact will have profound implications for the global financial system