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Nalezeno "Financial": 5145

Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed

8.10.2019
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...

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:...

UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

8.10.2019
The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML...

Japan’s Nomura Invests in Line’s LVC to Develop Blockchain Financial Services

8.10.2019
Nomura hopes to leverage Line's vast user base and high-quality user experience to deliver financial services

UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report

7.10.2019
The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019

Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates Crypto Market

7.10.2019
The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether are again engaged in public relations crisis management. They have notified users of an imminent lawsuit over market manipulation allegations and are trying to frame it as just a shameless money grab attempt. Also Read:...

Paypal Exits Libra – Mastercard and Visa May Follow

6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...

Turkish Government Freezes Over 3 Million Bank Accounts

5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...

Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...

New York State Financial Regulator Hiring Crypto and Blockchain Specialist

4.10.2019
The New York Department of Financial Services is looking to hire a specialist with expertise in virtual currencies and blockchain

Financial Stability Board: Stablecoins ‘May Pose Regulatory Challenges’

4.10.2019
Stablecoins could pose “regulatory challenges,” says Randall Quarles, chair of the Financial Stability Board

New York’s Financial Watchdog Is Hiring Another Crypto Superintendent

4.10.2019
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire

The Exchange for the New Generation — Bitsoda.com Launches Globally

4.10.2019
The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group with Ledger X, Circle and other well-known blockchain projects in the portfolio, Bitsoda.com stands out with adequate resource and enters global market fast with...

Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto

3.10.2019
The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front

CIMG 2018 Financial House of the Year Award Goes to NDK Financial Services

3.10.2019
The Financial House of the Year award presented by the Chartered Institute of Marketing, Ghana (CIMG) is one of the most prestigious awards in Ghana and NDK Financial Services Limited walked away with the prize this time. The award for the best finance house of the year 2018 was given to...

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...

Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News

2.10.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Trading/Investing news Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...