Latest News on FINTECH

Industry

China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei

The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.

Sarah Tran

Nov 05, 2019

| 1 Min Read

#PBOC #CHINA #STABLECOIN #DCEP #CBDC #FINTECH

Regulation

UK Tax Authority Updates Its Guidelines for Crypto Taxation

HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’

Drishti Bhagat

Nov 04, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #BRITISH #TAX #FINTECH #FINANCE #HMRC

Technology

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

Brian Njuguna

Oct 25, 2019

| 1 Min Read

#JOHN STRAW #LONDON #BLOCKCHAIN #FINTECH #TAXATION

Industry

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.

Drishti Bhagat

Oct 21, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN. ETHEREUM #FINTECH #CRYPTOCURRENCY #BTH

Industry

Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security

Peertec, a leading blockchain-focused fintech firm, has revealed its strategic collaboration with Penta Security, a highly valued web and data security company. The partnership is expected to boost Peertec’s infrastructure security using blockchain technology. The safety of its GDAC cryptocurrency exchange and services is also expected to be strengthened.

Brian Njuguna

Oct 16, 2019

| 2 Min Read

#BLOCKCHAIN #SECURITY #FINTECH #DEFI

Technology

Blockchain and IoT: Transforming Hong Kong into a Smart City

Lucas Cacioli

Oct 11, 2019

| 7 Min Read

#BLOCKCHAIN #BITCOIN #FINTECH #GBA #TECHNOLOGY #INCUBATION #STARTUP

Technology

European Commission Blockchain Report: The 3 Key Takeaways

Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the blockchain platform or distributed ledger technology that make the currencies possible.

Official Team

Oct 09, 2019

| 3 Min Read

#BLOCKCHAIN #EUROPE #FINANCE #CRYPTOCURRENCIES #DLT #FINTECH

Belt and Road

FinTech in Belt and Road - the UK FinTech Bridge

In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.

Lucas Cacioli

Sep 30, 2019

| 3 Min Read

#BLOCKCHAIN #BITCOIN #UK #BELT AND ROAD #FINTECH

News

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.

Drishti Bhagat

Sep 27, 2019

| 1 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #ETHEREUM #FINTECH #VENEZUELA #GLOBAL #ECONOMY

Belt and Road

FinTech in Belt and Road - Transforming French Freight Logistics with Blockchain

The Belt and Road Initiative (BRI) seeks to improve trade connectivity by upgrading transport infrastructure across much of Eurasia. The undertaking spans a massive geographic area covering as many as 63 countries, accounting for sixty percent of the world’s population and thirty percent of global GDP.

Lucas Cacioli

Sep 24, 2019

| 4 Min Read

#BLOCKCHAIN #BITCOIN #MARSEILLE #PARIS PROJECT #MERS #FINTECH #LOGISTICS

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