Signature Bank, a New York-based bank with its own blockchain platform, will offer financial services to fintech firms in Bermuda. New York-based commercial bank Signature Bank will begin offering financial services to fintech firms in the island nation of Bermuda, local news daily the Royal Gazette reports on Feb. 28. According to the Royal Gazette, […]
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A new study from the Lucerne University of Applied Sciences found that the Swiss fintech market grew by 62 percent in 2018. The Swiss fintech market grew by 62 percent in 2018, according to a recent study by the Lucerne University of Applied Sciences published on Feb. 27. The Lucerne University of Applied Sciences undertook […]
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Germany’s blockchain strategy will be introduced in mid-2019, according to statements by the Cabinet of Germany. The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following […]
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Standard Bank will launch its private permissioned blockchain for overseas exchange trades with the participation of its Ugandan partner. South Africa’s Standard Bank will soon launch its private permissioned blockchain for overseas exchange trades on behalf of corporate clients, fintech news outlet FinExtra reports Thursday, Feb. 28. The platform, which is set to go live […]
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Fintech startup Figure, which was founded by SoFi founder Mike Cagney, has reportedly raised $65 million from major venture capital funds. A blockchain-based home equity loan platform, Figure, has raised $65 million from various major financial and venture capital firms, tech news site TechCrunch reports on Feb. 27. The firm, which was founded by SoFi […]
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The chairman of the European Securities and Markets Authority, Steven Maijoor, has supported new regulations for digital assets to help investors. The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported […]
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More than 30 major crypto and finance companies, including R3 and Coinbase, have filed comments in response to the CFTC’s request on Ethereum. Several major crypto and traditional finance companies have replied to the United States Commodity Futures Trading Commission’s (CFTC) request on crypto asset mechanics as late as Feb. 25. The CFTC published its […]
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Most of the top 20 cryptocurrencies are seeing stability as Bitcoin approaches the $3,900 mark again. Wednesday, Feb. 27 — most of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) is approaching the $3,900 mark again, according to CoinMarketCap data. Market visualization from Coin360 At […]
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sponsored A new ecosystem is vowing to offer consumers the freedom to pay in fiat or crypto without middlemen — tackling the “miserable experience” they currently face. An upcoming crypto ecosystem has bold ambitions to offer “a much smoother way of moving fiat and cryptocurrency over the internet,” enabling people to pay in the fiat […]
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The London Stock Stock Exchange Group has led a $20 million investment round in the startup behind the world’s reportedly first crypto-denominated, blockchain-settled bond. The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of […]
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