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UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations
6.2.2020
The United Kingdom’s financial regulator, the FCA, is looking to hire a cryptocurrency specialist
4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure
6.2.2020
Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and...
SOTU Speech: Donald Trump Predicts Bullish Trend for US Economy
5.2.2020
President Trump’s State of the Union address was more of an emotional appeal than a pragmatic address to the nation. As the Senate is likely to vote on his impeachment soon, his address hinted at his confidence in staying in the office. The address triggered varied reactions in the house, but...
14 Major Japanese Finance Firms to Begin Blockchain Inheritance Pilot
4.2.2020
Fourteen of Japan’s biggest banks and securities companies will begin running a pilot for a blockchain-powered inheritance platform. The pilot, which is being spearheaded by the Sumitomo Mitsui Trust Bank, will begin in mid-February. If successful, financial institutions in the country could aim...
Strategize Your Financial Goals With These SMART Techniques
3.2.2020
Every December, we start thinking about our New Year’s resolutions. The goals are usually along the lines of eating healthier food, exercising more, and saving up for that exotic trip or that sleek car. Other goals are bigger, bolder, and more crucial to our future. However, in most cases,...
FinLab Accelerates the Digital Transformation of the Businesses
2.2.2020
FinLab is a four-month digital transformation program that was set up by the United Overseas Bank (Malaysia) in collaboration with SGInnovate in the year 2015. It was set up to promote innovation of financial technology (FinTech) in companies and accelerate the digital transformation of...
Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...
Open Letter to India's Finance Minister on Crypto Sector Potential
31.1.2020
Sumit Gupta is the CEO of cryptocurrency trading platform CoinDCX, which Gupta co-founded in early 2018.
__________
An Open Letter to the Finance Minister of India, Nirmala Sitharaman, on the Potential of India’s Cryptocurrency Sector and the Benefits it Presents to the Indian Economy
Dear...
Ethereum’s Value Transfer Is Now Dominated by Stablecoins
31.1.2020
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is...
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
31.1.2020
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number...
Bitcoin Isn’t a Main Focus in Finance Anymore, Theismann Says
31.1.2020
Former Washington Redskins quarterback Joe Theisman says Bitcoin is out of the public’s main financial focus
Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?
30.1.2020
The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with...
More Than 50 Crypto Marketing Agencies Survived the Crypto Winter
30.1.2020
The cryptocurrency industry has grown exponentially and there are many facets to the blockchain industry. One specific area of expertise that’s grown significantly in the last few years is the expansion of marketing agencies within the blockchain and cryptocurrency space. In 2020 there...
Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
29.1.2020
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use...
Qtum Chain Foundation Donates 200,000 Yuan for Coronavirus Victims
29.1.2020
Qtum Quantum Chain Foundation, the organization, constituted to protect the privacy and confidentiality of the user information have made a public announcement regarding its donation of a substantial amount of 200,000 yuan to the Hubei Charity Federation. The donation has been made to aid...
Another Japanese Finance Industry Player Joins the Cryptocurrency Fray
29.1.2020
It seems that another big, non-crypto company just stepped onto Japan’s crypto scene.
Daiko Holdings has become the latest Japanese firm to operate a cryptocurrency platform. SNC, operator of the Bitgate cryptocurrency exchange has transferred a controlling stake of 58.1% of its 100% stake in...
Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
28.1.2020
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
More Than 77 Crypto Projects Claim to Be Backed by Physical Gold
26.1.2020
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...
User Retention: The Holy Grail for DApps Moving Beyond Buzzword Status
26.1.2020
DApps are still struggling with user retention and high app turnovers, but DeFi-focused apps might offer an avenue for greater adoption