Japan’s SBI Holdings to launch cryptocurrency derivatives platform, invests in Clear Markets
Aug 02, 2018 08:55 am UTC| Digital Currency Fintech
Japanese financial services giant SBI Holdings is making efforts to create a cryptocurrency derivatives trading platform for institutional investors, a recent report from Nikkei Asian Review has revealed. SBI Crypto...
US Treasury department proposes regulatory sandbox to foster fintech innovation
Aug 02, 2018 06:16 am UTC| Digital Currency Fintech
The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technology,...
Queensland government invests in crypto-based travel and tourism startup TravelbyBit
Aug 02, 2018 04:21 am UTC| Digital Currency Fintech
The government of Australian state of Queensland has announced a grant to a cryptocurrency startup TravelbyBit. TravelbyBit, a digital currency payments platform for the travel and tourism industry, is one of 70...
Shwe Bank to enable blockchain-based remittances in Myanmar-Thailand corridor via Everex partnership
Aug 02, 2018 03:29 am UTC| Digital Currency Fintech
Blockchain startup Everex has entered into a partnership with Myanmars Shwe Urban Rural Development Bank to facilitate blockchain-powered digital remittance services between Myanmar and Thailand. Back in 2016, the...
Former Credit Suisse crypto expert joins Morgan Stanley
Aug 01, 2018 09:41 am UTC| Digital Currency Fintech
Investment banking giant Morgan Stanley has hired former Credit Suisse crypto expert Andrew Peel as its head of digital asset markets, Finance Magnates reported referring to Peels LinkedIn profile. Peel, who has been...
Northern Trust helps three hedge funds in cryptocurrency investments
Aug 01, 2018 05:26 am UTC| Digital Currency Fintech
Financial services company Northern Trust has reportedly begun opening its fund administration services to cryptocurrency hedge funds, while integrating blockchain technology to its private equity business. Speaking...
Agricultural Bank of China completes loan issuance using blockchain technology
Jul 31, 2018 09:50 am UTC| Digital Currency Fintech
The Agricultural Bank of China (ABC), one of the Big Four banks in the Peoples Republic of China, has used blockchain technology for the issuance of a loan worth 2 million yuan (approximately $300,000), CoinDesk reported...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects