Search Results for "asset"
Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock
This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.
Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain
China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.
FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance
The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.
Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles
Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.
Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange
A report from Kraken Digital Asset Exchange, a cryptocurrency exchange firm based in San Francisco, informed that it has hired former CoinDesk journalist, Pete Rizzo who served as an Editor-in-chief in the news industry.
Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions
Elliptic, a London-based provider of crypto-asset risk management solutions, has revealed the launch of Elliptic Discovery, a database of more than 200 worldwide crypto exchanges, that is purposely built for banks in their quest to determine the flow of funds into and out of crypto-assets.
“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August
Global Asset Allocation Focus 2020 (hereinafter referred as GAAF2020), founded in 2016. With a four-year proven-track record, GAAF2020 will invite more than 500 participants from more than 10 countries, who are mainly senior executives from private banking, family office, independent wealth, asset management, funds, securities, trusts, insurance, futures, etc. GAAF2020 will invite 40+ speakers to share their insights on the theme of "Chinese Opportunities".
Is Bitcoin a Safe Haven Asset? US-Iranian Tensions Ignite Old Debate
Bitcoin’s price has improved significantly following the U.S. killing of top Iranian general Qassem Soleimani. As tensions escalate between the US and Iran, several crypto analysts have reconsidered the old debate on Bitcoin’s ability to function as a safe-haven asset similar to gold in times of geopolitical uncertainty.
Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud
CryptoCompare, the digital asset data provider company for both institutional and retail clients, announced in a press release on its blog that it plans to offer a suite of digital asset data products via the BT Radianz Cloud, as a secure and reliable financial markets cloud communities which will enable institutional clients to have a fine, secure and dependable perspective of the growing digital asset class.
State Street: Most Asset Managers are Bullish on Blockchain and Crypto
Boston-based asset manager State Street published a report on industry trends in 2020, highlighting the growth of cryptocurrencies and blockchain in the financial services industry.
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.
