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Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement
3.11.2019
In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken....
IIMB Partners with Gabelli School of Business for Launching an Executive Education Programme
3.11.2019
The iconic management college, the Indian Institute of Management Bangalore (IIMB), has unveiled the news of its highly anticipated Executive Education Programme focused on ‘Digital Disruptions and Emerging Technologies in Financial Services.’ The premier educational institute has collaborated with...
CME Group Publishes Bitcoin Options Specifications
2.11.2019
In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...
Ways to Get Money to Finance a Small Business
1.11.2019
Entrepreneurs are coming up with new ideas every day. Some of these ideas are unique, and they have a high chance of thriving in the business world. Actualizing and implementing a plan for a small business is not a walk in the park. The majority of people with such ideas get stuck when it comes...
SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year
1.11.2019
SBI’s crypto affiliate SBI VC Trade saw a $7 million loss turn into a $30 million profit from H1 FY2018 to H1 FY2019
Belgian Finance Watchdog Ups List of Suspected Crypto Scams to 131
31.10.2019
The Financial Services and Markets Authority has issued another warning about cryptocurrency trading sites that may be fraudulent
Indian Crypto Trading Volumes Accelerate on Positive Sentiments
28.10.2019
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto...
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Financial Officer at SKM Recycling Jailed for Siphoning Off $168,000
25.10.2019
In a new development that will come as a shock for Australian businesses, an employee of SKM Recycling has been jailed for having swindled $168,000 from the company. The employee in question, Delwyn Burgess siphoned off company money and then transferred it to personal accounts. She was employed...
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
South Korea to Shug off WTO’s ‘Developing Nation’ Tag
25.10.2019
In a new development that could set a precedent for many other countries, the government of South Korea today announced that it is going to voluntarily drop the ‘developing’ nation tag at the World Trade Organization. Over the years, there has been a lot of discussion about the fact that there...
Number of Americans Owning Crypto Doubled in 2019: Finder
25.10.2019
The number of Americans owning some form of crypto has almost doubled in 2019, according to a survey by Australia-based firm Finder
Náklady rostou: Vývoj Mars Roveru 2020 by mohl vysát finance na jiné mise
25.10.2019
Náklady rostou: Vývoj Mars Roveru 2020 by mohl vysát finance na jiné mise
Data Protection Firm ZIVVER Brings Its Services to the United Kingdom
24.10.2019
Data protection is one of the most important considerations for the finance industry, and in that regard, Dutch firm ZIVVER has emerged as one of the better-known service providers over the past few years. In a new development, ZIVVER has announced that its services are now going to be available...
Singapore Courts Slap Charges on Three Cases of Financial Crime
24.10.2019
Singapore has grown into one of the world’s most important financial hubs over the past decades, and at the same time, the city-state is also well known for being very tough on financial crimes. Within one single day, the courts in Singapore slapped charges on three separate cases of financial...
Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
23.10.2019
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...
How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency
23.10.2019
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture...
Ex-Bankers Offer First Hot Wallet for Institutional-Grade Crypto Finance
23.10.2019
A simple, insured wallet lets customers store smart contracts and crypto simultaneously
SoftBank Takes Control of WeWork; Announces $5 Billion Financial Package
23.10.2019
The cancellation of the WeWork IPO has been one of the biggest business sagas of the year, and it seems a resolution has finally been reached. It has now emerged that SoftBank, which was the biggest investor in the co-working space startup, has picked up 80% ownership of the company...