financial services Archives - Page 40 of 160

Japan’s Financial Watchdog Certifies Two Cryptocurrency Regulatory Organizations

April 30, 2020cashtechnews

Japan’s financial watchdog has accredited two crypto-focused associations as Certified Financial Instruments and Exchange Associations. Japan’s Financial Services Agency (FSA) has certified two local organizations as Certified Financial Instruments and Exchange Associations. According to an April 30 announcement, the FSA has recognized the Japan STO Association and the Japan Virtual Currency Exchange Business Association (JVCEA) […]

Future of Finance: CBDCs Offer the New Architecture of Bank Accounts

April 29, 2020cashtechnews

Stablecoins and central bank digital currencies have the potential to replace, or at least dramatically improve, bank accounts as they are today. Despite its nascency, central bank digital currencies and their offshoots have rapidly evolved into a serious alternative to typical bank accounts. A CBDC is electronic money issued by a central bank for use […]

Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus

April 29, 2020cashtechnews

Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group. Arab Bank Switzerland has closed a Series A financing round for Swiss digital asset infrastructure firm Taurus Group. While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a […]

British Payment Firm Checkout.com Joins the Libra Association

April 28, 2020cashtechnews

British payment startup Checkout.com has joined the Libra Association, becoming the 24th member committed to building a better global payment network. In a fresh move to revive Facebook-backed digital currency project Libra, the Libra Association has onboarded another member. British payment startup Checkout.com has joined the Libra Association, becoming the 24th member engaged with the […]

New York Crypto Regulator Adds Silk Road Investigator as General Counsel

April 28, 2020cashtechnews

New York regulator that issues BitLicences adds a Silk Road investigator to its legal counsel. April 28, New York State Department of Financial Services (NYSDFS) announced that it is adding a former Silk Road investigator as general counsel. The Department regulates financial services and products, which include cryptocurrency-related businesses. It awards the two types of […]

Crypto Answers to the Global Crisis: Bitcoin’s Do-or-Die Moment

April 28, 2020cashtechnews

Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]

DashNexus Budget Proposal Approved for Getting DASH Back into Japan

April 28, 2020cashtechnews

The privacy-based cryptocurrency could see a return to the Japanese market if the group running Dash Japan is successful. A $30,000 proposal submitted by the group running Dash’s Japanese website has just received approval to continue their efforts to get the token relisted in Japan. According to an April 27 update on a DashNexus proposal, […]

Bank Of China Expands Tests of New Fintech Regulation to Six More Cities

April 27, 2020cashtechnews

Bank of China continues to strengthen fintech regulation, expanding pilot projects in six more cities and districts. Bank of China launched its first fintech innovation regulatory pilot project in Beijing last year. The bank announced plans to expand its regulatory pilot projects in six more cities and districts on April 27. The bank plans to […]

Two Weeks and Counting: Experts Warn Bitcoin Halving May Be a Nonevent

April 27, 2020cashtechnews

Due to the uncertainty surrounding the global financial sector at the moment, experts are still not sure of the impact that the upcoming halving will have on Bitcoin’s value. Over the course of the past month, the crypto world has understandably been abuzz with talks of the upcoming Bitcoin (BTC) halving event that is scheduled […]

UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021

April 27, 2020cashtechnews

As the UAE’s deadline for its nation-wide blockchain revamp looms, DLT is becoming embedded in everyday life. The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms. Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm […]

Page 40 of 160

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Tag: financial services

Japan’s Financial Watchdog Certifies Two Cryptocurrency Regulatory Organizations

Future of Finance: CBDCs Offer the New Architecture of Bank Accounts

Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus

British Payment Firm Checkout.com Joins the Libra Association

New York Crypto Regulator Adds Silk Road Investigator as General Counsel

Crypto Answers to the Global Crisis: Bitcoin’s Do-or-Die Moment

DashNexus Budget Proposal Approved for Getting DASH Back into Japan

Bank Of China Expands Tests of New Fintech Regulation to Six More Cities

UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021

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