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Nalezeno "Financial Services": 903

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

4.12.2020
An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global...

Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions

2.12.2020
Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cash Back in Bitcoin Crypto financial services provider Blockfi announced...

Yield farming is a fad, but DeFi promises to change the way we interact with money

29.11.2020
The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions

Big banks think new furniture is innovation, but they are wrong

28.11.2020
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution

Crypto.com Takes Steps Toward Financial Licensure in Malta

24.11.2020
The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses

OCC Wants to End Banks’ Discrimination of Disfavored Businesses Including Crypto Companies

23.11.2020
The OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to clarify the obligation of large banks to provide fair access to financial services in a manner consistent with the Dodd-Frank...

Why DeFi Matters: Making Financial Services More Accessible

21.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Earlier this year, a new “hot” word appeared, and the crypto space has witnessed an incredible hype around DeFi projects, which has drawn a lot of attention to decentralized finance and brought in a lot of...

Tokenization will bring desirable stability to emerging markets

21.11.2020
Tokenization has a long way to go before it will uplift populations in emerging-market states, but it will bring the needed stability

The DeFi market desperately needs to connect with real-world assets

14.11.2020
Connecting DeFi with traditional financial instruments will give a massive boost to the whole market

NeoBenk’s Global Partners Program Offers Financial Services

9.11.2020
Hailed as one of the most trusted global digital payment service providing entities, NeoBenk has announced the launch of its highly-anticipated product, the Global Partners Program, on November 20 for the digital asset customers. The newly launched project has been curated to expand the cluster...

South Korea To Ban Crypto Exchanges From Handling Privacy Coins

6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...

Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia

30.10.2020
Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing...

Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange

27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...

How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts

25.10.2020
An investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State...

Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin

21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...

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...