Search Results for "limited liability"
Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format
According to a new developing story, Facebook expects to launch its Libra cryptocurrency in January next year, but in a limited format.
Standard Chartered's Planned Hong Kong Virtual Bank Announced as Mox
Mox is the new virtual bank in Hong Kong to be launched by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launching later this year, the mission of Mox is to help everyone in Hong Kong grow – “your money, your world, your possibilities.”
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.
ASX Delays Blockchain-Based CHESS Replacement to April 2023
The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.
JPMorgan, UBS, and Goldman Sachs Back Polkadot (DOT) with an ETP Investment
As institutional investors enter the cryptocurrency scene, investor appetite may not be limited to Bitcoin and Ethereum.
Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)
Ray Dalio, the founder of hedge fund giant Bridgewater Associates, has long been critical of Bitcoin but it appears that his stance may have changed over time.
Welcoming the Future of Finance with Blockchain
Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.
Bank of Canada Says CBDCs Have Inherent Risks in New Study
A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
A New Era of Smart Banking: Virtual Bank by Standard Chartered Building Digitally-Born Services
During Hong Kong Fintech Week 2019, Blockchain.News spoke with Deniz Güven, the CEO of the Virtual Bank by Standard Chartered, to understand the current developments and the new technology behind it. The Virtual Bank by Standard Chartered was one of the first granted a virtual banking license on March 27, 2019, from the HKMA along with two other licensees, Livi VB Limited and ZhongAn Virtual Finance Limited.
GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License
GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.
VanEck, SolidX Bitcoin ETF Proposal Withdrawn by CBOE from SEC Review
On September 17, the US Securities and Exchange Commission (SEC) officially announced that the Chicago Board Options Exchange’s (CBOE) Equity Exchange had withdrawn its application for the VanEck/SolidX bitcoin ETF proposal on September 13.
Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services
Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.