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Large Number of Goldman Sachs Partners Could Exit by the End of 2019

5.9.2019
Over the past decades, Goldman Sachs has grown into the world’s most powerful investment bank, and one of the biggest reasons behind its success has been its ability to take decisive steps early. It may be about its investment decisions, adoption of new technology, or the possibility of bringing...

Burundi Central Bank Director: ‘Strong Measures’ Will Be Taken Against Crypto Traders

4.9.2019
The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens

Oracle Lets Blockchain Tech Firm Hydrogen Into Its Cloud Marketplace

4.9.2019
Hydrogen, a builder of ethereum-based blockchain tech, has scored a spot in Oracle's Cloud Marketplace, used by nearly half a million customers

IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation

4.9.2019
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde

Bitcoin Bank Accounts Launched by Bitwala in 31 European Nations

4.9.2019
Bitwala, a blockchain company based in Germany, has unveiled a new application which will enable European residents to easily open a German bank account through their smartphones. Interestingly, this bank account will have an integrated Bitcoin (BTC) wallet. The roll-out was officially announced...

Dutch Central Bank Prepares to Start Regulating Crypto Sector

4.9.2019
The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank...

Auditor, Bank and Sports Platform Turn to Bitcoin, Crypto Payments

4.9.2019
Companies are continuing to turn to Bitcoin as a form of payment, with a leading global auditor and an American sports and entertainment platform opening their doors for BTC-holding customers. Moreover, a 176-year-old Norwegian bank has invested in a crypto exchange. Auditor PwC Luxembourg...

Crypto Firms Serving Netherlands Must Register With Dutch Central Bank

4.9.2019
The Dutch Central Bank is taking a tougher stance on the cryptocurrency industry, citing new European Union anti-money laundering laws

Four Japanese Banks Including the Seven Bank, Joins MoneyTap

3.9.2019
Financial giant SBI has published in their report that four major Japanese banks have invested in its cashless mobile-payment application, MoneyTap. Money tap is powered by Ripple which uses the Ripple xCurrent solution, built on distributed ledger technology. The report stated: SBI Group announces...

Norwegian Bank Invests in Crypto Exchange Founded By Airline Magnate

3.9.2019
Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos

FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act

3.9.2019
The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...

HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan

3.9.2019
On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...

Fitch Ratings Says Singapore’s Big 3 Banks are in No Danger from Newly Launched Digital Banks

3.9.2019
The development of technology and the wider Fintech sector is believed by many to be one of the biggest threats to traditional banks in many years and for a good reason. Moreover, the establishment of digital-only banks is often viewed as a potential threat and with easy availability of smartphones...

Dutch Central Bank: Crypto Firms to Be Regulated as of January 2020

3.9.2019
Firms that offer crypto-related services in the Netherlands must register with the central bank, which plans to regulate them as of January 2020

Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report

3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber

The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech

3.9.2019
The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...