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Think Tank Tells Swiss National Bank to Launch Swiss Franc Token, Embrace DLT
4.6.2019
Switzerland’s national bank should work with big industry players to develop a Swiss franc token, a think tank says
Chinese Tech Giant Tencent Bets $40 Million British Fintech Firm True Layer
4.6.2019
The financial technology sector is one of the most important industries to have emerged over the past few years and during that time the United Kingdom has gone on to become one of the most influential countries in terms of Fintech innovation. One of the more interesting Fintech companies to have...
China and India Leading Fintech Adoption Charts According to EY
4.6.2019
It was perhaps only a matter of time before the world of finance and cutting edge collided to form a new set of products altogether. For many, it was not really a big surprise when a new industry named financial technology or Fintech emerged over the past half a decade or so and ever since...
Apple Ends iTunes and Displays $12000 Mac at Worldwide Developers Conference
4.6.2019
When an Apple event takes place, then it invariably becomes the biggest news story from the world of technology, and it was no different when it came to the Apple Worldwide Developers Conference held yesterday. However, the event was a landmark one for a variety of reasons and not least because...
Examining Australia's Updated Regulations for ICOs and Crypto Trading
3.6.2019
Australian regulator has made yet another update to its guidelines for ICOs and cryptocurrency trading, which impacts industry advisers and miners
INEOS Announces Plan to Invest $2 Billion in Saudi Petrochemical Project
3.6.2019
After the whole Jamal Khashoggi affair, there was worldwide outrage about the Saudi leadership and many investors made noises about not doing business in the country ever again. However, the tide has definitely turned over the course of 2019, and big-ticket investment is continuing to flow into...
Online Sellers Hit UK High Streets Through Amazon’s New Pop Up Store Initiative
3.6.2019
Amazon might be the biggest e-commerce company in the world, with a presence in almost all markets imaginable, and it is currently one of the globe’s most recognizable brands in the sector. However, it is also true that the company has also given thousands of online retailers a platform on which...
Morgan Stanley Predicts Recession Within a Year if Trade War Drags On
3.6.2019
The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...
White House Economic Adviser Kevin Hassett To Step Down Soon
3.6.2019
Over the years, numerous high profile advisers and officials have left the Trump administration for a variety of reasons. However, the reason behind economic advisor Hassett’s departure is still unclear so far. Ever since Donald Trump became the president of the United States, the sudden departure...
Indian Cryptocurrency Regulation Is Ready, Official Confirms
2.6.2019
Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra...
T-Mobile and Sprint’s Boost Mobile Could be Bought by Amazon
31.5.2019
Over the years, Amazon has created a sprawling empire with a hand in a range of pies, and much of that has been accomplished through strategic acquisitions. While it is true that it is often regarded as only an e-commerce company, it is necessary to the point that it is a tech company as well...
Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper
30.5.2019
The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing...
Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines
30.5.2019
New initial coin offering and cryptocurrency guidelines have been released by the Australian Securities and Investment Commission
New Zealand Prioritises Wellbeing Over Economic Growth with $2.5 Billion Budget
30.5.2019
As far as revolutionary budgets are concerned, there have been plenty of them over the years, but it seems New Zealand has outdone itself by announcing a budget that is going to have a larger focus on mental health issues and poverty alleviation. In this regard, it is necessary to point out that...
Analysts Pick Sands China And Galaxy As Ultimate Winners In Macau’s Non-Gaming Competition
30.5.2019
The casino industry in Macau has become one of the most valuable casino industries in the world and remains one of the biggest attractions for gamblers from all over the world. However, the major companies who operate in the city are now trying to reinvent the industry in a big way, and over...
SoftBank’s Vision Fund Aims To Get $4 Billion Loan Against Its Stakes In Tech Companies
30.5.2019
As far as private equity funds for tech companies are concerned, there is nothing bigger than Japanese conglomerate SoftBank’s Vision Fund, which started with an incredible $100 billion in its coffers. Over the years, it has made some of the biggest investment in tech and owns significant stakes...
How MakerDAO Works – The Stablecoin Explainer
30.5.2019
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
29.5.2019
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes
South Korea Finds Itself in a Tough Spot Following Huawei Ban
29.5.2019
The banning of Huawei by the United States has sparked off a meltdown in the markets, but it has also made life uncomfortable for a range of countries which fear diplomatic awkwardness due to the issue. South Korea is one such nation, and currently, the Asian country finds itself in a tough spot...
Sony to be sued in Australia over Illegal Store Refund Policy
29.5.2019
The refund policies of many large corporations have often fallen foul of the local laws across the world over the years, and in a new development, Sony has found itself in the crosshairs of Australian laws. Over the course of the past few decades, the onset of globalization has led to some of...