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Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors

The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary

Crypto Debit Card Services Hit Hard as UK Financial Watchdog Suspends Wirecard Subsidiary

United Kingdom’s Financial Conduct Authority (FCA) has suspended Wirecard Card Solution Ltd, the Wirecard’s subsidiary responsible for the issuance of Visa crypto debit cards.

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan’s government seeks to appoint crypto-friendly leader Ryozo Himino as the next commissioner of the country’s Financial Services Agency.

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People's Government in China, it was announced that cryptocurrency exchange Huobi has joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.

Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate

Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate

The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.

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