A digital money platform is challenging rivals by offering instant transfers from a greater number of cryptocurrencies, fiat currencies, and commodities – all with the ambition of reducing the…
Tag: financial technology
Bitcoin ATMs Have Spread to 4,000 Locations Globally
Numerous signs of maturity can be noted across the cryptocurrency industry. A growing number of Bitcoin ATMs is making their mark on the world. This month, the number is…
Swiss Stock Exchange: Blockchain-Based Exchanges Will Replace Traditional Ones in 10 Years
Digital exchanges based on blockchain technology will completely replace traditional ones in ten years, Thomas Zeeb of Swiss leading stock exchange SIX told Reuters Wednesday, Nov. 14. “The existing…
IBM Exec: CBDCs Can Alleviate Risks That Contributed to 2008 Financial Crash
Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks that contributed to the 2008 financial…
New York Regulators Have Grant Crypto License to NYDIG
The New York State Department of Financial Services (DFS) has just issued a new BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services…
Drug Barons, Rogue States and Terror Groups Use Banks – Can Blockchain Stop Them?
Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling them to commit money laundering, make questionable transfers and evade economic…
Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services
The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5….
Post-Trade Financial Services Giant, 15 Major Banks Test DLT Project for Credit Derivatives
Global post-trade market infrastructure giant The Depository Trust & Clearing Corporation (DTCC) is entering the testing phase of its replatformed Trade Information Warehouse (TIW) based on distributed ledger technology…
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins…
Ex-Fed. Prosecutor Turned Crypto VC Katie Haun: Crypto Is in the ‘Dial-up Days’
Former U.S. federal prosecutor and current cryptocurrency VC executive Kathryn Haun recently took part in a debate on crypto with Nobel-prize winning economist Paul Krugman, posted on YouTube by…
