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Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
New York State Financial Regulator Hiring Crypto and Blockchain Specialist
4.10.2019
The New York Department of Financial Services is looking to hire a specialist with expertise in virtual currencies and blockchain
Financial Stability Board: Stablecoins ‘May Pose Regulatory Challenges’
4.10.2019
Stablecoins could pose “regulatory challenges,” says Randall Quarles, chair of the Financial Stability Board
New York’s Financial Watchdog Is Hiring Another Crypto Superintendent
4.10.2019
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire
The Exchange for the New Generation — Bitsoda.com Launches Globally
4.10.2019
The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group with Ledger X, Circle and other well-known blockchain projects in the portfolio, Bitsoda.com stands out with adequate resource and enters global market fast with...
Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto
3.10.2019
The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front
CIMG 2018 Financial House of the Year Award Goes to NDK Financial Services
3.10.2019
The Financial House of the Year award presented by the Chartered Institute of Marketing, Ghana (CIMG) is one of the most prestigious awards in Ghana and NDK Financial Services Limited walked away with the prize this time. The award for the best finance house of the year 2018 was given to...
German Bank Predicts BTC at $90,000 After Next Halving
3.10.2019
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...
Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News
2.10.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Trading/Investing news
Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...
Altcoin Platform Coinexchange.io Closes For Financial Reasons
2.10.2019
Altcoin trading platform Coinexchange will close down due to financial troubles
Acquisition Marks Broadridge Financial’s First Foray Into Crypto Services
2.10.2019
Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space
Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
2.10.2019
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors
Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund
1.10.2019
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....
Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
30.9.2019
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central...
To Improve the Resilience of its Financial System is Now a Priority for Reserve Bank of New Zealand
30.9.2019
Central banks all over the world are currently looking for a way to make their country’s financial system more efficient and in that regard, New Zealand is no different. In a new development, the Reserve Bank of New Zealand has indicated that the country’s financial system is good enough to tackle...
Interest Rate in Australia to Be Cut According to Financial Market Predictions
30.9.2019
Interest rates are being cut by most central banks all over the world in order to recharge economies. If the predictions from the financial markets are to be believed, the Reserve Bank of Australia is all set to cut interest rates as well. The Reserve Bank is going to convene its board meeting...
Blockchain-focused Sempo Wins Top Prize in Impact Pitch Night for Financial Inclusion Platform
30.9.2019
Sempo, the notable fintech startup firm has earned itself the top prize at Startup Victoria and Giant Leap’s Impact Pitch Night for its blockchain-centered ecosystem focused on financially connecting developing countries amongst themselves and with the global economy. The competition took place...
Ant Financial and Bayer to Jointly Develop Blockchain for Agriculture
30.9.2019
Bayer Crop Science has agreed to work with Alibaba's Ant Financial to develop a blockchain-based system for agricultural product monitoring