Hong Kong (HKMA) and banking consortium to launch blochchain based trade finance platform
Jul 18, 2018 08:05 am UTC| Fintech Research & Analysis Insights & Views
A glimpse at the World Trade: An organization recently reported on how the demand for trade finance business sums upto $700 billion dollars thats been unattended across emerging Asia and $120 billion in EM Africa. As per...
Organisations have to adapt to move forward: Goldman Sachs’ new pro-bitcoin CEO David Solomon
Jul 18, 2018 03:30 am UTC| Digital Currency Fintech
Goldman Sachs has announced the appointment of David M. Solomon as the new Chairman and Chief Executive Officer. Solomon will succeed Lloyd C. Blankfein, who will be stepping down as CEO on September 30, 2018, and will...
Jul 17, 2018 11:28 am UTC| Digital Currency Fintech Insights & Views Commentary
It is quite known that Fintech has been one of the swiftly growing sectors. Fintech gamut symbolizes the progressive enterprises that leverage cutting-edge technology to bring-in friendly financial products and solutions...
Japan’s SBI Holdings opens VCTRADE cryptocurrency exchange to public
Jul 17, 2018 10:01 am UTC| Digital Currency Fintech
Japanese financial giant SBI Holdings has announced the launch of its virtual currency exchange, VCTRADE, to the public. The launch follows the opening up of the platform to pre-registered users last month. In an...
Jul 17, 2018 09:32 am UTC| Fintech Insights & Views Technology Commentary
The SECs regulation facilitates capital formation, which assists entrepreneurs launch businesses and companies prosperity. The Securities and Exchange Commission (SEC) cites that all Initial Coin Offerings (ICOs) should be...
Hong Kong Monetary Authority to go live with blockchain-based trade finance platform in August
Jul 16, 2018 09:47 am UTC| Digital Currency Fintech
The Hong Kong Monetary Authority (HKMA) is set to launch a blockchain-based trade finance platform next month, The Financial Times reported. The platform has been designed by OneConnect, Ping An Groups financial...
Financial Stability Board publishes framework to monitor crypto-assets
Jul 16, 2018 09:10 am UTC| Digital Currency Fintech
The Financial Stability Board (FSB), an international body monitoring the global financial system, has published a framework to monitor the implications of crypto-assets on financial stability. The FSB has published...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects