The Financial Stability Board has presented its final report on cryptocurrencies, stating they pose no threats for global markets, at least for now. International central banks and financial officials think that cryptocurrencies pose no significant risks to global economic stability, according to a report published by the Financial Stability Board (FSB) Wednesday, Oct.10. The FSB […]
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Ridesharing company Uber is considering getting back into the grocery delivery game. CEO Dara Khosrowshahi said that due to the company’s success in the delivery of food, which reached $6 billion in bookings earlier this year, it makes sense to take another look at the grocery market. “With Eats, we’re getting into the business of […]
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Could APIs be the missing link in the quest for world banking services domination? One startup seems to think so. APIs are being used across the financial landscape to help traditional banks and FinTechs deliver products to a wider audience, including underbanked populations. This means developers can tap them to extend financial benefits to users […]
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Blythe Masters has confirmed her belief that blockchain will shake up commodities. Former JPMorgan executive Blythe Masters predicts “tens if not hundreds” of blockchain projects will soon increase the efficiency of commodity markets, Bloomberg reports Tuesday, Oct. 9. Masters, who since leaving the investment banking giant has become CEO of her own software outfit Digital […]
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Crypto markets continue trading sideways, with 16 out of top 20 coins by market cap slightly down after yesterday’s growth. Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around […]
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New analysis by Juniper Research shows a significant drop in crypto trading values, stating that crypto markets are “on the brink of an implosion.” A recent study from Juniper Research states that the cryptocurrency market could “implode” and that transaction volumes are decreasing, Bloomberg reported Oct. 9. In a report dubbed “The Future of Cryptocurrency: […]
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Roger Ver revealed Bitcoin.com’s plans to buy or set up its own crypto exchange, operating Bitcoin Cash as its base coin. Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company’s CEO Roger Ver revealed in an interview with Bloomberg Oct. 9. According […]
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A new study has found that the smart speaker and music streaming markets are becoming more interdependent. According to CNBC, market research firm AudienceNet conducted the study, called “Audiomonitor 2018: The Overall Music Listening Landscape,” surveying 3,000 people older than 16. The data revealed that music services such as Spotify, Apple Music and Pandora are […]
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The United Arab Emirates’ national securities regulator plans to introduce ICOs for capital markets in 2019, having approved their regulation under securities laws. The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019, Reuters reported Oct. 8. Reuters notes that the regulator has embraced the […]
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The European securities watchdog is studying ICOs to see how it fits into existing regulation, as well as their impact on competition in the capital raising sector. The European Securities and Markets Authority (ESMA) has announced it is examining Initial Coin Offerings (ICOs) to determine how they should be regulated, Reuters reported Oct. 8. The […]
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