Blockchain technology is often called the “Internet of value.” If so, it makes sense that the financial industry should be among the biggest to benefit from distributed ledgers. Digital Asset…
Tag: financial
Blockchain Wealth Management 101: History And Future Potential
The field of wealth management has broadened over the year as new financial instruments have emerged. However, the advent of blockchain wealth management creates a world of new opportunities–and…
Zimbabwe Bans Commercial Banks from Processing Crypto Transactions
The Reserve Bank of Zimbabwe has ordered all financial institutions in the country to stop engaging in all cryptocurrency transactions immediately. In a circular issued to institutions, the regulator…
What is Bytom (BTM)? | Tokenizing Real-World Assets
What is Bytom? Bytom is a blockchain protocol for financial and digital asset applications. Using the Bytom protocol, individuals and enterprises alike can register and exchange not just digital…
Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill – CoinDesk
Banking and financial services giants HSBC and ING have completed a trade finance transaction for agri-food trading company Cargill using a single blockchain system. Claimed as a world first,…
The Impact of Upcoming Cryptocurrencies on the Financial Industry
Upcoming Cryptocurrencies are Causing a Financial Evolution In 2009, Satoshi Nakamoto created Bitcoin partly in response to the 2008 financial collapse. He envisioned a purely peer-to-peer financial system in which…
The lies spread by bankers about cryptocurrencies
I had a chat with The Financial Times the other day, and provided lots of background as to why I don’t think cryptocurrencies are the choice of criminals. The comment that…
Coinbase Receives E-Money License For Fiat Activities From UK, Its ‘Biggest Market’
Crypto exchange and wallet service Coinbase has received an e-money license from the UK Financial Conduct Authority (FCA), according to a blog post by Coinbase UK CEO Zeeshan Feroz…
CFTC Ex-Chair: Crypto ‘Bubble’ Won’t Burst Without Set Regulations To Bring In Big Money
Former chairman Jim Newsome of the US financial regulator the Commodity Futures Trading Commission (CFTC) predicted that the alleged cryptocurrency “bubble” will not burst soon, Forbes reported on March…
McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector
North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified…