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FinTech Ecosystem in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
4.9.2019
Johannesburg, South Africa: Africa’s financial services landscape continues its dynamic evolution as the rapid growth of FinTech on the continent drives both the disruption and leapfrogging of legacy systems and further accelerates the digital transformation of financial services. Digital...
FSA Records a Sharp Fall in the Cryptocurrencies Enquiries Volume
3.9.2019
The journey of cryptocurrencies, since Bitcoin’s inception in 2009 till today when over 4,000 altcoins are trading in the market, has seen its share of ups and downs. Where a surge in the rates of cryptocurrencies makes it shine as a potential asset, plummeting rates of the same often makes it...
Rep. Waters Says Congress Will Continue Review of Facebook’s Libra
23.8.2019
Congresswoman Maxine Waters announced a tentative schedule for this fall including a continued review of Facebook's Libra initiative
To Develop Blockchain-based Financial Services, Woori Partners with Kakao’s Blockchain- a Subsidiary of Ground X
22.8.2019
Woori Financial Group is a South Korean leading company in the financial services sector. Yesterday in a press release, it had announced its partnership with Kakao’s blockchain. (Kakao’s blockchain is a subsidiary of Ground X.) The objective of this partnership is to develop blockchain-backed...
Bitpoint, Japanese Crypto Exchange, Re-opens for Trade Services after $28 million hack in mid of July
6.8.2019
Bitpoint, Japanese crypto exchange is re-opening a portion of its exchanging services following 28 million dollar hack in mid-July. Furthermore, Bitpoint is re-opening its withdrawals and cash deposits in Fiat on the sixth of August after a security evaluation of the exchange’s digital...
Congress Drew a Fine Line Between Libra and Crypto – That’s a First
23.7.2019
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Watch Today’s Facebook Libra Hearing at the House Financial Services Committee
17.7.2019
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market
14.7.2019
Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.
The post...
4 US Lawmakers Join Call to Freeze Facebook’s Libra Project
3.7.2019
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday
Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
25.6.2019
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing
Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
20.6.2019
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...
Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project
19.6.2019
Chair of House Financial Services Committee requests moratorium on development of Facebook’s Project Libra
Experts Cite Specialization as Key to Blockchain’s Incorporation Into Financial Services
18.6.2019
Executives from Digital Asset, ISDA, UBS, and Barclays discussed further development of enterprise-grade versions of blockchain technology
A New Bitcoin Exchange Point On the Colombian-Venezuelan Border Will Help Refugees
18.6.2019
Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela
Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading
10.6.2019
Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin...
Japanese Financial Services Agency Approaches Crypto ETFs With Caution, Cites Volatility
30.5.2019
Cryptocurrency-based exchange-traded funds are reportedly being approached with caution by the Japanese Financial Services Agency
Blockchain and Financial Services Lead Jesse Lund Leaves IBM
28.5.2019
Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company