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American Congressman Resigns Due to ASX Penny Stock Insider Trading Scandal
1.10.2019
In a development that would come as a source of embarrassment for the political establishment in the United States, a Congressman from New York has had to resign over a penny stock insider trading scandal. Chris Collins, who is a Congressman from New York, has resigned after he passed...
To Improve the Resilience of its Financial System is Now a Priority for Reserve Bank of New Zealand
30.9.2019
Central banks all over the world are currently looking for a way to make their country’s financial system more efficient and in that regard, New Zealand is no different. In a new development, the Reserve Bank of New Zealand has indicated that the country’s financial system is good enough to tackle...
Interest Rate in Australia to Be Cut According to Financial Market Predictions
30.9.2019
Interest rates are being cut by most central banks all over the world in order to recharge economies. If the predictions from the financial markets are to be believed, the Reserve Bank of Australia is all set to cut interest rates as well. The Reserve Bank is going to convene its board meeting...
Bankers Start to Recognize Bitcoin’s Role in Financial Evolution
29.9.2019
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...
XinFin, Black Tier Solutions and Blockchain at Michigan Announce Joint Partnership
28.9.2019
Black Tier Solutions announced a partnership with Blockchain at Michigan.
Black Tier Solutions will be responsible for assisting the University of Michigan Blockchain group to develop a tokenized student rewards program and a tokenized gaming platform using XinFin Hybrid technology.
The post...
Decentralized Finance Projects Are Starting to Ship
27.9.2019
Defi, defi, defi. You can’t go anywhere in crypto these days without having that contraction thrown at you. 2017 was all about the ICO, 2018 was about surviving the bear market, and early 2019 was a toss-up between IEO and STO. Now, as we prepare to enter Q4 of 2019, it’s all about...
Bilateral Investment Discussed by India and China at Financial Dialogue Meeting
26.9.2019
The politics among some of the largest economies in the world is complex, and it is particularly so when the nations in question have a history of hostility. India and China have had a fraught and difficult relationship for much of their existence. However, the two nations have been doing business...
Gloom on US Stock Market as Trade Tensions Escalate with China
26.9.2019
The trade war between the United States and China has proven to be one of the most significant political, diplomatic, and economic events of the past decade. It has unleashed immense economic uncertainty on most markets across the world and more so, on the stock markets in the two concerned...
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
25.9.2019
Lloyds Bank partners with blockchain firm Komgo to streamline its commercial bank division
Daimler Conducts Transaction on Marco Polo Trade Finance Network
25.9.2019
Daimler AG and mechanical engineering firm Dürr AG have tested a transaction on R3’s Corda-powered Marco Polo network
Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network
25.9.2019
Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Stricter Norms Expected in the New Zealand Financial Sector
25.9.2019
One of the most important aspects of the financial markets all over the world is regulation. Regulation ensures that no unfair practices are allowed in the markets and helps retail investors in participating in the markets without the fear of being taken for a ride. On the other hand, bankers...
Crypto Finance Firm Circle Puts Research Offering on Hold
25.9.2019
Cryptocurrency finance startup Circle has stopped its line of research reports saying it needs to reconsider the offering
Bitfoliex Along with Traxalt Grace the Digital Finance World 2019 in Frankfurt, Germany
24.9.2019
Bitfoliex, the reputed multifunctional crypto-focused trading platform marked its presence in the Digital Finance World 2019 event organized in Frankfurt, Germany. The highly anticipated gathering was hosted in a two-day span between September 18, 2019, and September 19, 2019. The larges-scale...
Iraq in Discussions with Chinese State-Owned Investment Company for Project Financing
24.9.2019
Over the course of the past decade and a half, Iraq has been ravaged by war and terrorism. The unrest in the country has led to a rapidly declining economy and in turn, a total collapse of the infrastructure in the country. The country has pretty much collapsed amidst the turmoil, and it needs...
Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions
23.9.2019
For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...
How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund
22.9.2019
Tokenization continues to proliferate in 2019, with notable director Wesley Snipes launching an STO to fund his future work. So, how does tokenization work and can it really disrupt the film industry?
Germany Comes Up with Climate Package Worth 50 Billion Euros Without New Debts
21.9.2019
According to the latest reports, Germany is set to finance a climate package worth over 50 billion euros (55 billion dollars) over the course of the next 4 years. The move has been taken to lower carbon emissions and protect the climate as well as restore the green credentials of it. The package...