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German Bank to Launch Bitcoin Investment Fund in January
8.12.2020
German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...
SEC's fintech wing leaves the nest, becoming stand-alone office
3.12.2020
FinHub will have new independence and responsibilities, reporting directly to the SEC's chairman
Jatbit 2020, Virtual Blockchain & Fintech Conference Set to Take Place This December
3.12.2020
JatBit 2020 will be one of the largest virtual conferences of this year set to take place on December 9th and 10th. This event will be centered around Blockchain and FinTech discussions. Our agenda for this year’s event is “Post-Pandemic Blockchain Adoption,” where all our discussions will...
Russia’s Alfa-Bank offers blockchain platform for freelancers
1.12.2020
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank's blockchain-based services
Yield farming is a fad, but DeFi promises to change the way we interact with money
29.11.2020
The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions
Big banks think new furniture is innovation, but they are wrong
28.11.2020
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution
DoJ makes fintech giant sell Credit Karma's tax wing to Square before $7.1B acquisition
25.11.2020
Intuit, which also owns TurboTax, can't hold all the keys to consumer tax software, the DoJ says
Aquaculture Firm Completes Australia’s First IPO Raise Using Cryptocurrency
24.11.2020
Almost 90% of West Coast Aquaculture's $3.6 million capital raise was via the stablecoin tether
Singapore ready to launch wholesale CBDC, local exec says
20.11.2020
CFO at Singapore's central bank told Cointelegraph about his plans to implement Singapore's wholesale CBDC
Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore
19.11.2020
BlockShow 2020 at Singapore FinTech Festival to reflect on achievements of blockchain and how the mainstream finance industry is starting to accept blockchain and digital currency tech
World Economic Forum calls blockchain key to sustainable digital finance
11.11.2020
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability
Spanish Senate Green-lights Crypto, Blockchain & Fintech Sandbox
11.11.2020
Crypto and blockchain advocates in Spain have cause for cheer after the country’s senate unanimously voted in favor of launching a new regulatory fintech testbed that will allow companies to launch blockchain, bitcoin (BTC) and other crypto-related projects.
The Senate is Spain’s upper...
Weather-tracking blockchain in West Africa, but transparency on a raincheck
10.11.2020
A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing?
Shift Money 2020 to Be Held in Zagreb, December 7–8, in Partnership With Singapore FinTech Festival
9.11.2020
Zagreb, Croatia—October 29, 2020: Shift, the leading South-East European tech event producer, announced today that their leading regional financial technology conference, Shift Money, will be held on December 7–8 2020, in Zagreb, Croatia. This is the third edition of Shift Money and it will...
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ
5.11.2020
The Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
1.11.2020
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...