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deVere Group CEO Urges WEF Delegates To Make Investment In Fintech
21.1.2020
Nigel Green, the founder and CEO of the world’s highly acclaimed independent global financial consultancy providing firm deVere Group, has made an appeal to the delegates of the World Economic Forum meet urging them to commit investments in fintech. The globally renowned financial gathering,...
China’s Total Blockchain Investments Dropped 40% in 2019 Compared to 2018
20.1.2020
Chinese blockchain spending dropped over 40% from 2018 to 2019, but was still significantly higher than back in 2017
Developer Proposes Decentralized Bitcoin Hashrate Derivatives
20.1.2020
There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory...
India Faces a New Hurdle: An Economic Slowdown
20.1.2020
As a majority of the world’s leading economies are anticipating a recession, India has not been spared. The Indian economy is also in shatters for the last few years. The recent Government estimates have indicated a growth rate at as low as 5% that is the weakest since 2009. Indian Government...
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab
16.1.2020
Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz
Bancor’s Airdrop as First Step to Take Blockchain Out of 1997: Interview
16.1.2020
Cointelegraph interviewed Bancor’s Eyal Hertzog and Nate Hindman about the BNT airdrop and the future of Bancor and crypto at large
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...
Global Finance Leaders Citi, Bpifrance, Fidelity to Join DAS: London on February 10
16.1.2020
New York, January 07, 2020 — Today, BlockWorks Group (BWG) announced that on February 10, it would be convening Digital Asset Summit (DAS): London, the first institutionally-focused digital asset conference to take place in London. A follow-up to BWG’s sold out DAS: Markets conference in New York...
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
16.1.2020
With Bitcoin scam ads still popular on the internet, uninformed investors need robust due diligence to prevent falling victims
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly
15.1.2020
On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now...
A Look Into the Lucrative Features of Airfox and Its banQi App
14.1.2020
Founded in 2016, AirFox shines as a revolutionary solution in the field of mobile communications that has simplified the proliferation of mobile-based financial services. Based in Boston, the platform works on the Ethereum blockchain to make banking services more accessible and user-friendly for...
China Issues Digital Currency Guide for Party Cadres
14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...
Ex-Google Pay Execs Manages to Raise $13.2M For a Neo-Banking Platform
13.1.2020
Sujith Narayanan and Sumit Gwalani, the two co-founders of leading payment settlement app Google Pay in India have announced that their startup epiFi has secured a massive amount of $13.2 million through the Seed financial round. The two prominent executives of the Google Pay India team are gearing...
Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
10.1.2020
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology
Synthetix Revolutionizes the Decentralized Finance Arena
10.1.2020
As technology and globalization spread their wings in the global financial system, the economies of countries all around the world started coming closer and closer. This paved the way for a successful flourishment, development, and evolution of resources, knowledge, and wealth from one corner...
22nd Swiss Finance Fair for Professional Investors: FINANZ ’20
10.1.2020
With more than 170 exhibitors, a multifaceted framework programme and – for the first time ever – the input of leading training partners, the 22nd staging of Switzerland’s financial fair once again offers a wealth of expertise and practical knowledge, trends, and stimuli against a backdrop of...
NY Governor Wants Crypto Firms to Cover Costs for NYDFS Oversight
9.1.2020
New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight
Harbor: The Perfect Solution for Success in Alternative Investment Industry
9.1.2020
As the world economy is expanding in heaps and bounds allowing people to enjoy the highest standards of living, the urge to earn more and more profit returns through the widescale financial offerings has grabbed the attention of a major section of the society. In the early days, people deposited...