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Ethereum Is the Frontier of Financial Innovation
8.10.2020
Innovation occurs when the costs of iteration and experimentation reduce
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...
Japanese financial giant SBI acquires TaoTao crypto exchange
7.10.2020
SBI now has two licensed crypto trading platforms in Japan
UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses
7.10.2020
The U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In...
Are Central Bank Coins the End of Financial Privacy?
5.10.2020
As the European Union gets more serious about a digital euro, most central bank digital currencies intend to remove the anonymity of cash
Bitcoin.com Exchange Acquires BOA Exchange To Reach New Markets
5.10.2020
Announced earlier this week, the two companies said the deal is expected to be finalized immediately, without disclosing the financial terms. BOA Exchange is a crypto exchange that has accumulated a vast user base, offering free alt tokens in airdrops and staking coins. The deal further expands...
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Emerging technologies can change the African financial landscape
4.10.2020
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa
With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale
2.10.2020
2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial...
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq
2.10.2020
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose...
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
1.10.2020
Chinese exchanges are becoming increasingly blockchain-friendly
Governments, Financial Institutions See Crypto As A Tool For Financial Inclusion
30.9.2020
Although still seen mostly as a tool for investment and speculation, crypto is likely to become an effective tool for financial inclusion in about five years from now, the majority of respondents in a new survey said.
The survey - produced by organizations dedicated to tackling financial crimes...
Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange
30.9.2020
The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create...
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation
28.9.2020
Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise
Cryptojacking: A Rising Threat to All Internet Users
27.9.2020
The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic nature to the higher levels...
Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble
23.9.2020
Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with...
Are we dumb? Financial illiterates ‘twice as likely to own crypto’
23.9.2020
Those with less financial knowledge may be twice as likely to invest in crypto
Uquid Launch the Defi Shopping Stake (DSS) and Defito Finance (DTO)
21.9.2020
The trouble with many current DeFi projects is that while they eliminate traditional institutions from the mix, they instead transfer ultimate control over to a select group of insiders who have their financial motives and agendas. It’s an arrangement that’s ripe for abuse,...