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Jeremy Allaire Backstage at The Capital: ‘I Can See the 10x Improvement’ in Crypto
12.11.2019
After speaking in a panel on the role of crypto in finance at CoinMarketCap’s The Capital today, Jeremy Allaire chatted with us backstage. We spoke to the Circle CEO and founder about blockchain adoption versus awareness, unintended consequences of tokenization […]
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[Updated] Jeremy Allaire: “I Can See the 10x Improvement” in Crypto, Backstage at The Capital
12.11.2019
New! Watch the panel, “The Role of  Crypto and its Potential for Disruption in Finance” here. After speaking in aContinue Reading
The post [Updated] Jeremy Allaire: “I Can See the 10x Improvement” in Crypto, Backstage at The Capital appeared first on CoinMarketCap Blog
FGI and FBI Indexes of Hong Kong Inaugurate HKU Fintech Index Series Project
11.11.2019
The HKU FinTech Index Series Project recently released FGI, the Hong Kong FinTech Growth Index, along with FBI, the Hong Kong FinTech Buzz Index. This move was executed to check regional FinTech firms’ attitudes and their typical sentiment for the industry, as documented by regional media....
MasterCard Introduces Fintech Express with First On-Boarded Partner, Rapyd in the Asia Pacific
11.11.2019
During the Singapore Fintech Festival 2019, MasterCard has announced the launch of Fintech Express in the Asia Pacific. The company is providing its products, services, global licensing, and commercial agreements to the fintechs across the world. The Fintech as a Service platform, Rapyd, is joining...
Benoit Coeure Appointed as Head of BIS Innovation Hub
11.11.2019
Departing Board member of European Central Bank, Benoit Coeure, has been designated as the head for the newly developed Innovation Hub of the Bank for International Settlements beginning on from January 15, the BIS said in an announcement. Furthermore, Benoit Coeure will head another unit of...
Document Reveals That Danske Bank Uses Gold Bullion for Money Laundering
11.11.2019
The Danish Danske Bank has been in the eye of a storm for quite some time after it discovers that one of its branches in Estonia has used for money laundering. It has now emerged that the bank had even used gold bullion to launder money. The revelations are going to be embarrassing for Denmark’s...
Holders of the Digital Yuan Will Not Be Paid Interest
8.11.2019
China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...
Virtu Financial Launches New Unit ” Virtu Capital Markets” for Capital Markets
8.11.2019
In a new development that will be closely watched by the financial industry Virtu, announced the launch of a separate business unit “Virtu Capital Markets” that is going to be solely concerned with the capital markets. Virtu Financial is going to provide some specialized services that could prove...
Fintech Startup DEXTF Raises $460,000 in Oversubscribed Seed Funding Round
8.11.2019
In an important development in a FIntech startup, DEXTF (Decentralized Traded Funds) has been able to raise $460,000 in seed funding. DEXTF garnered an oversubscribed response in a funding round with SGInnovate and LuneX Ventures. Investment Platform DEXTF is a platform where investors...
Reserve Bank of India (RBI) Eases Refinancing Limits on Selected Borrowers
8.11.2019
In a development that should come as a major boost for Indian banks that operate overseas, the Indian central bank RBI eased restrictions with regards to refinancing certain loans. According to the policies that are going to go into effect in December this year, foreign branches of Indian banks...
DBS Bank Partners with Singapore Government to Launch Blockchain Trade Platform
8.11.2019
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade
Crypto-Friendly Silvergate Bank IPO Debuts on NYSE
8.11.2019
The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp...
Stellar’s Plan to Win Global Payments: Play Nice With the Finance Cops
7.11.2019
Stellar's first-ever conference in Mexico City gathered entrepreneurs eager to lean into global financial regulations
Development Bank of Namibia Brings High-Level Finance to Namibia
7.11.2019
The financial industry has grown at a fair clip over the past decade or so in Africa, and one of the nations that can now boast of a highly evolved finance industry in Namibia. However, such development does not take place in a vacuum, and there needs to be institutional support in place so that...
Tmunity Raises $75 Million in Series B funding for T-cell Therapies Advancement
7.11.2019
Biotherapeutics is an industry that has grown at an impressive pace throughout the past few years, and one of the better-known companies in that space is privately held Tmunity Therapeutics. In a new development that must have come as a big boost to the company and the wider industry, Tmunity...
Mainstream Renewable Power Closes $580 Million Wind and Solar Financing Deal in Chile
6.11.2019
Wind and solar energy are fast emerging as one of the most important sources of renewable energy, and Mainstream Renewable Power is one of the better-known names in this industry. On Tuesday, the company announced that it has managed to close financing to the tune of $580 million for...
Fineon Teams Up With Aon to Cater Credit Insurance on Export Finance Platform
6.11.2019
Fineon Exchange is one of the more innovative finance companies in Europe, and in a new development, it has emerged that the Luxembourg based company has teamed up with Aon for one of its latest projects. Fineon has launched a highly innovative platform meant for providing export finance, and...
SEC Commissioner Discusses Proposal to Restrict Shareholder Voting Aimed to Limit Insider Accountability
6.11.2019
In a blog post on the Securities Exchange and Commission (SEC) website, SEC Commissioner Robert Jackson Jr discussed the proposed revision in rules and regulations regarding investors voting and accountability of corporate insiders. Jackson Jr stated that there is a need to examine these rules...
IBM Teams Up With Bank of America to Create Cloud Technology for Financial Services
6.11.2019
In a development that is surely going to have far-reaching ramifications for the banking and financial services industry, International Business Machines (IBM) announced today that it had created a financial services centric cloud technology in partnership with Bank of America. It is a significant...
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...