2022-11-24 11:09 |
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders.
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Financial exclusion is something that affects the entire nation in a significant way. We don’t talk about it enough as many of us are privileged to have wider access to every financial service available.
2021-7-29 15:00 | |
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Several countries are discussing the adoption of digital currencies to be issued by their respective central banks recently, as cryptocurrencies continued to find a place in their financial systems.
2021-7-5 19:00 | |
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As cryptocurrencies begin to cement themselves into the wider financial system thanks to growing interest from previously wary institutional investors and blockchain technology’s increasing integration into our everyday lives, the way is being gradually paved for a world where all money and financial products are digital.
2021-6-11 21:23 | |
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Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset trading desk.
2020-12-16 03:03 | |
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MoneyGram, сотрудничающий с Ripple, объединился с Digital Financial Services, чтобы обеспечить P2P-переводы для миллионов пользователей электронных кошельков в более чем 200 стран. В недавнем пресс-релизе говорится, что партнер Ripple MoneyGram объединился с Digital Financial Services, компанией, косвенно связанной с Дубайским...
2020-6-27 12:18 | |
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Сервис денежных переводов MoneyGram, долей в котором владеет Ripple Labs, объявил о партнерстве с финансовой организацией Digital Financial Services. Об этом этом говорится в пресс-релизе компании.
2020-6-26 14:47 | |
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The MoneyGram giant teams up with Digital Financial Services to enable P2P remittances for millions of eWallet users to over 200 countries
2020-6-26 12:21 | |
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Omise (OMG) parent Synqa raised $80 million to bolster its work in digital currencies and financial services, the firm announced on June 22. Deploying Funds towards Financial Apps As per TechInAsia, Synqa raised the funds via Sparx, through the latter’s Mirai Creation Fund II that exclusively focusses on projects with an innovative business model usingRead MoreRead More.
2020-6-22 19:00 | |
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As the cryptocurrency sector grows and matures, we can expect the arrival of more and more familiar faces from the traditional financial world. Especially during times of economic uncertainty. It’s becoming more likely that those who once thought Bitcoin was too far off will give the digital assets another look. Charles Edwards, a digital assets […]
2020-6-22 11:18 | |
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Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions.
2020-6-20 19:54 | |
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Coinspeaker Mike Novogratz Pushes Galaxy Digital Course to Drive Institutional Adoption of BitcoinMike Novogratz believes that the partnership with the financial education firm CAIS would help kickstart the institutional adoption of Bitcoin.
2020-6-20 15:09 | |
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One of Japan’s oldest financial institutions, Nomura bank, announced the launch of Komainu, a digital assets custodial service aimed at financial institutions, in partnership with cryptocurrency fund manager, Coinshares and hardware wallet manufacturer, Ledger.
2020-6-18 19:53 | |
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Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […]
2020-6-18 19:14 | |
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A local publication reported that South Korea’s Ministry of Strategy and Finance aims to introduce taxes for digital assets, with the rate expected to reach 20 percent. The announcement was made during the Financial Parliamentary committee meeting chaired by Minister Hong Nam-Ki on 17th July.
2020-6-18 22:22 | |
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ROAD TOWN, British Virgin Islands – 17 JUN 2020 3:00 PM UTC – BTSE, a leading financial technology exchange and Bitfinex, a state-of-the-art digital asset trading platform, have announced a cross-listing of the BTSE and UNUS SED LEO utility tokens in a move that will increase inter-exchange settlement functionalities on both platforms. Today’s launch of […]
2020-6-18 18:04 | |
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The Mauritius Financial Services Commission (FSC) has released guidelines for regulated security token offerings (STO) in the country. The news forms another milestone for the island-state in its drive towards expanding its emerging digital economy.
2020-6-18 17:07 | |
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Institutional investors are taking up positions in the Bitcoin market attracting some of the biggest Wall Street hedge funds and financial institutions. WisdomTree Investments, a $60 billion dollar hedge fund, announced the launch of an electronic traded fund (ETF) index comprising of a number of digital assets including BTC.
2020-6-17 15:58 | |
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“The Standard for Blockchain-Based Digital Asset Identification” is now part of the IEEE blockchain standards. Recently, the Standard for Blockchain-based Digital Asset Identification, submitted by aelf, was approved by the IEEE SA Standards Board New Standards Committee (NesCom).
2020-6-18 13:01 | |
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The rise of digital currencies has shone a bright light on the future of contactless payments, and central banks seem to be catching on the idea. Central Banks, in this case, represent governments that have realized the vigor of financial technology and moved to prevent a crisis as more people migrate from the use of […]
2020-6-17 20:47 | |
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Institutional interest in digital assets is growing as major financial players continue to enter the cryptocurrency space.
2020-6-16 19:00 | |
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China’s DCEP may cause little disruption in the country’s present financial system and still... The post The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo appeared first on Coin Journal.
2020-6-15 14:31 | |
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On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar. ” A number of well known individuals participated including the former Chairman of the U.
2020-6-13 22:30 | |
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Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident.
2020-6-13 22:25 | |
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Institutional-grade crypto custodian, Copper Technologies, joins the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member. The non-profit organization launched in May 2020 aiming at formulating economic policy, public investment and central banking ideas for new and improved digital payment instruments.
2020-6-12 19:49 | |
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The “digital dollar” concept will take the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds.
2020-6-11 02:20 | |
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The House Financial Services Committee’s Task Force on Financial Technology is scheduled to hold a meeting on Thursday, June 9, 2020, to brainstorm and come up with the best way to deliver stimulus money during times of pandemic like the COVID-19 and other emergency scenarios.
2020-6-11 23:00 | |
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Lykke Corp, the Swiss fintech company and builder of marketplaces for digital financial assets, today announced the endorsement by the CfC St. Moritz for Lykke’s Open Initiative
2020-6-11 12:15 | |
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Bitcoin (BTC) has recorded a sustained upward momentum over the past couple of months with the digital asset’s price even surpassing the $10,000 level at some point. The virtual currency’s performance continues to defy odds as mainstream financial markets are struggling with the effects of the Covid-19 driven economic crisis. Bitcoin price surge tied to […]
2020-6-9 22:25 | |
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A central bank digital currency, or CBDC, is the most widespread use-case for financial authorities in terms of blockchain, but not the only one
2020-6-8 16:02 | |
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Drawing inspiration from Reddit's r/place, AstroCanvas is an experiment in boosting staking participation – without appealing to financial incentives.
2020-6-6 12:36 | |
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Researchers at the Federal Reserve Bank of Philadelphia recently published a paper exploring the potential impact of a Central Bank Digital Currency on our financial system. The report noted that in addition to eliminating the need for cash, a CBDC should prevent future bank runs by giving the US Federal Reserve a monopoly on deposits.
2020-6-5 10:21 | |
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Japan is considering expanding digital payments usage via a common infrastructure supported by the FSA regulator. The DeCurret crypto exchange has joined them
2020-6-4 11:16 | |
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Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion.
2020-6-4 00:02 | |
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Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […]
2020-5-31 16:23 | |
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Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More.
2020-5-31 15:00 | |
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InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets.
2020-5-31 07:00 | |
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The world is staring at a financial evolution that should usher in a new age of government-backed financial systems built on the backbone of new technologies. The advent of cryptocurrencies like Bitcoin is a clear indication of the evolving monetary situation.
2020-5-29 18:51 | |
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The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
2020-5-29 16:00 | |
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In an official announcement on Thursday, Kingdom Trust, a digital custodian holding over $13 billion in both legacy financial and digital assets, announced the launch of a tax-leveraged account: “Choice”, enabling users to invest their retirement funds in over 20,000 assets including Bitcoin.
2020-5-29 21:44 | |
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Digital assets are often referred to as safe haven assets—assets that market participants turn to during turmoil in financial markets. Today, this label is being tested as COVID-19 impacts global financial markets.
2020-5-29 20:59 | |
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ZUBR, a recently launched crypto derivatives exchange, announced today it has received an in-principle decision from the Gibraltar Financial Services Commission (GFSC) to grant the firm authorization as a Distributed Ledger Technology (DLT) provider, one of the first European digital derivatives exchanges that will become regulated.
2020-5-28 13:32 | |
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London, UK. May 22, 2020 – TradeConnect, the multi-asset trading network that connects cryptocurrency traders with global financial markets including Forex, Stock Indices, Commodities (e. g.
2020-5-27 17:31 | |
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Coinspeaker RoboForex Adds New Cryptocurrency Pairs and Improves Conditions for Trading Digital AssetsRoboForex, an international financial broker, increases the list of cryptocurrency pairs available for trading by adding ETH/BTC and LTC/BTC.
2020-5-26 18:32 | |
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A central bank digital currency [CBDC] has been thought of as an important tool to smoothen technological and financial systems the world over. Central banks like the European Central Bank [ECB] have The post European Central Bank caught up with DLT; will it be used for CBDCs? appeared first on AMBCrypto.
2020-5-21 00:30 | |
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Lykke Corp, the Swiss fintech company and builder of marketplaces for digital financial assets, today launched The Open Initiative, a project dedicated to helping governments envision the ways digital technology can transform the global supply chain and financial system in a post-COVID-19 economy
2020-5-21 16:33 | |
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According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology.
2020-5-19 23:00 | |
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Recent times have seen traditional financial companies hedging their bets or even fully leveraging blockchain technology. The application and acquisition of patents is how gargantuan companies truly show their fascination in a particular field, and Visa continues to break ground, now having filed a patent application in the blockchain space, one for developing a digital […]
2020-5-15 09:59 | |
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Bitcoin is a decentralized digital currency released by Satoshi Nakamoto in 2009, shortly after the Global Financial Crisis.
2020-5-14 15:01 | |
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Cryptocurrencies are actively being considered an alternate form of financial instrument, and the blockchain technology powering it has already seen massive adoption all around the globe. Vietnam is the latest country looking to study and formulate laws around digital currencies.
2020-5-13 22:42 | |
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Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments.
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.
A top Russian central bank official said at a press conference that the monetary authority will permit foreign trade with crypto.
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors.
The Russian Central Bank has never been a fan of cryptocurrencies. Central bank governor Elvira Nabiullina has adopted a hardline stance against cryptocurrencies in Russia, so her latest statement regarding the fate of a national cryptocurrency in the country doesn’t come across as a surprise.