Latest News on FINTECH

Bitcoin

Predictions of Rising Potential for Bitcoin and Ethereum in 2020

A recent Forbes article gives us insights into the driving forces which could determine the trends to follow in the upcoming year, within the cryptocurrency market. Read more in the article below, with insights from leaders from BIS, NEM Ventures, Close Cross, and CVA.

Drishti Bhagat

Jan 07, 2020

| 3 Min Read

#BLOCKCHAIN #BITCOIN #2020 #MOMENTUM #FORBES #ARTICLE #INSIGHTS #BTC #FINTECH #BLOCKCHAINSPACE

Regulation

Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO

Telegram’s blockchain launch of TON faces delays as the recent court order by US Lawmakers requires the company to hand over documentation regarding the spending of their raised funds via ICO.

Drishti Bhagat

Jan 03, 2020

| 1 Min Read

#BLOCKCHAIN #BITCOIN #FINTECH #TON #TELEGRAM #FRAUD #SEC #REGULATION #BTC #ETH

Interview

eToro—The Globally Utilized and Bespokely Localized Trading Platform

Founded in 2007, eToro has been a leader in the global Fintech revolution, empowering people to invest by giving them access to global markets. From cryptos to stocks and commodities, eToro has made trading easy and social, creating a strong community of over 12 million traders worldwide.

Lucas Cacioli

Dec 31, 2019

| 3 Min Read

#BLOCKCHAIN #ETORO #CRYPTOCURRENCY #FINTECH #SOCIALTRADING

Events

Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO

Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.

Drishti Bhagat

Dec 24, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #BAKKT #CEO #ICE #CRYPTO #FINTECH #BTC #ETHEREUM

Interview

Singapore FinTech Association Enabling the Shift Towards Innovation & Entrepreneurship in Southeast Asia

The Singapore FinTech Association (SFA) was founded in November 2016 by the founding president, Chia Hock Lai. The association is a cross-industry nonprofit initiative, aiming to facilitate collaboration in the ecosystem between market participants and stakeholders in the FinTech industry. Blockchain.News interviewed Chia Hock Lai to find out more about the leading association in Singapore.

Sarah Tran

Dec 20, 2019

| 4 Min Read

#SFA #SINGAPORE #FINTECH #BLOCKCHAIN

Industry

It is the Season of Giving! Binance Charity is Giving Back with TravelBit's Partnership

Christmas is here! And to add to the season of giving, Binance partners with TravelBit to allow travelers booking through their website, to donate to the Binance Lunch for Children.

Drishti Bhagat

Dec 17, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #FINTECH #CHARITY #COIN #CHRISTMAS #GIVING #SEASON

Regulation

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

Drishti Bhagat

Dec 12, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #PRUDENTIAL #BASEL #EU #REGULATION #FINTECH #FINANCE #TECHNOLOGY #CRYPTOCURRENCY

Industry

Leading Asian Fintech Company WeLab Completes the Largest Ever Fintech Fundraising in China

Leading fintech company, WeLab announced on Dec. 12 that it has raised US$156 million in Series C of strategic financing, becoming the largest fintech fundraising in China so far. WeLab was one of the first virtual banks established in Hong Kong, after receiving a virtual banking license from Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) in April 2019.

Sarah Tran

Dec 12, 2019

| 2 Min Read

#WELAB #CHINA #FUNDRAISING #UNICORN #FINTECH

Regulation

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.

Drishti Bhagat

Dec 11, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #FINCEN #US #FINTECH #CRYPTOCURRENCY #INVESTIGATION #CONFERENCE

Industry

Amun AG Obtained Approval from Swedish Regulator for ETP Offerings in EU

Swiss crypto firm, Amun AG granted permission to market its exchange-traded products to several retails' clients within the EU. Cointelegraph has reported that this will help in expanding Switzerland's crypto offerings both globally and domestically.

Drishti Bhagat

Dec 10, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #EU #GLOBAL #CRYPTOCURRENCY #ETH #CTC #BTC #FINTECH #GLOBAL

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