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German Fintechs Rush to Offer Crypto Custody Services Under New Law
13.12.2019
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
12.12.2019
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
People’s Bank of China to Launch Pilot Projects on Cryptocurrencies and Fintech Innovation
10.12.2019
China’s central banking authority, the People’s Bank of China (PBOC), is planning to roll out the pilot project focused on digital currency electronic payment in two of its major cities, namely, Shenzhen and Suzhou in the near future. Reports also affirmed that the PBOC is likely to put to the test...
Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
5.12.2019
Ping An’s fintech subsidiary OneConnect is aiming for a $500 million IPO in the U.S. according to a filing with the Securities and Exchange Commission
Cointelegraph Announces Chinese HQ, Bolstering Its International Expansion
4.12.2019
Cointelegraph is continuing to expand its global reach. Guess which new headquarters we’ve opened?
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups
4.12.2019
Canadian VC firm secured $320 million to make investments in fintech startups around the world, with a particular focus on Canada
Blockchain Firm Figure Technologies Secures $58M, Aims for $103M
2.12.2019
San Francisco-based fintech firm Figure Technologies has secured $58 million in a funding round that aims to raise $103 million
Canadian Startup KOHO Secures $25M to Offer Free Smart Spending Account
29.11.2019
Canadian fintech startup KOHO has managed to raise $25 million in its latest funding round. The funding round was led by Drive Capital and NAventures, the venture capital arm of the National Bank of Canada, also participated. The funding round comes six months after the company had announced...
Security Token Offerings: The Next Big Thing in Fintech
28.11.2019
Move aside ICOs and IPOs, here come STOs. But what are security token offerings, and what benefits do they offer for businesses and investors? #Sponsored
Former UBS Executive Establishes Digital Securities Insurance Platform
27.11.2019
Former UBS executive Claude Waelchli has launched a digital securities issuance platform dubbed Tokenyz
89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report
25.11.2019
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association
French Central Bank Official Wants to Improve Financial System With Blockchain
25.11.2019
The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain
Oman Sees First Trade Finance Transaction on Blockchain
23.11.2019
Oman Oil and Orpic Group and HSBC Bank Oman SAOG carry out the country’s first blockchain trade finance transaction
US Congress Wrestles With Financial Technologies and Data Privacy
23.11.2019
U.S. Congressional Fintech Task Force questions industry experts on consumer data privacy in financial services
Morocco Plans to Expand Access to Financial Services With Fintech
22.11.2019
Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector
Fintech Firm Plaid on Expansion Spree; rolls out services in 3 More European Nations
21.11.2019
Plaid, a financial technology company, has embarked on expansion in three European nations, as its most recent development. Its products help in interfacing fintech applications with individual’s bank accounts; currently, it serves France, Ireland, and Spain. Earlier this year, the organization...
China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
21.11.2019
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better...
Bitcoin Slips in KPMG Rankings, But Cryptocurrency Innovation Has Strong Showing
20.11.2019
KPMG ranking of global fintech firms highlights an array of crypto and blockchain firms