Search

Nalezeno "Financial": 4952

Profi Group: The Art of Investing Embodied in Artificial Intelligence and Blockchain

1.12.2023
London, UK 12/01/2023 In a world where technological solutions emerge daily, the financial sector is undergoing a revolution. A leading player in this transformation is the British fund Profi Group, whose innovative approach to investing finds embodiment in artificial intelligence (AI). With...

Crypto for Advisors: Investing in Web3

30.11.2023
Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors

Hong Kong Securities Association is Considering an ‘ICO’ Issuance Mechanism

30.11.2023
Source: iStock/Onfokus The Hong Kong Securities & Futures Professionals Association, an influential industry trade group, has proposed the establishment of an initial coin offering (ICO) portal in the city. The suggestion was included in the group’s comments on the Hong...

How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO

30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...

Forbes Highlights Crypto Leaders in Latest ‘30 Under 30’ Finance Lineup

30.11.2023
Source: Pixabay / TamimTaban Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector. The list includes innovators like the co-founder...

Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi

30.11.2023
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for Paxos, enabling it to issue stablecoins pegged to...

Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits

30.11.2023
Source: piter2121/Adobe Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023. The South Korean media outlet Business Post reported that Dunamu published its financial report for the third quarter...

SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny

30.11.2023
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company announced that it would terminate its cryptocurrency trading services for users by December...

Paxos Receives Approval To Issue Stablecoins In Abu Dhabi

29.11.2023
Source: Pixabay Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...

Despite financial assistance, Pakistan faces declining forex reserves amidst external debt repayments

29.11.2023
During the initial months of 2023, Pakistan seemed to be heading towards a catastrophic point, with the IMF loan program in 2019 going off track after the fund realized the commitment of Islamabad to reform was lacking, which led to the suspension of loan disbursements. Pakistan has imposed strict...

Circle Partners With SBI Holdings to Launch USDC in Japan

29.11.2023
Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry. Circle...

UK City Minister Asks Regulators to Embrace Some Risk-Taking in Financial Markets

29.11.2023
Source: AdobeStock / Mary The new minister for the City of London has called on regulators to adopt a more accommodating approach towards risk-taking in a bid to revitalize the UK’s stagnating economy. Bim Afolami, who recently assumed his position as part of a ministerial reshuffle...

Legendary Investor and Bitcoin Skeptic Charlie Munger Dies at 99

29.11.2023
Source: X/ @MnkeDaniel The financial world bids farewell to Charlie Munger, the distinguished investor and long-time collaborator of Warren Buffett, who passed away at the age of 99 on November 28. Munger’s demise marks the end of an era, leaving behind a legacy of impactful contributions...

The Power of a Passion Investment: Unlocking Financial Success!

29.11.2023
When it comes to investing, aligning your financial decisions with your passions can be a game-changer. Passion investment involves allocating your financial resources into assets that align with your personal interests, hobbies, or values. In recent years, cryptocurrencies have gained significant...

Coinbase CEO Says Binance Settlements Allow Crypto Industry to ‘Turn the Page’

29.11.2023
Coinbase CEO Brian Armstrong says the enforcement action against Binance has allowed the crypto industry to “turn the page.” He emphasized: “There are many, many companies in crypto that are helping build the crypto economy and update our financial system globally. But many of them...

Crypto Miner Manufacturer Caanan Reports 48% Drop in Sales – What’s Going On?

28.11.2023
Source: Adobe / Photocreo Bednarek Canaan – a China-based Bitcoin (BTC) ASIC manufacturer and operator – lost nearly half its revenue from mining machine sales last quarter, according to its Q3 earnings. Released on Tuesday, the firm’s financial results showed just $33 million in revenue for...

Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report

28.11.2023
Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset...