Hong Kong Monetary Authority to go live with blockchain-based trade finance platform in August
Jul 16, 2018 09:47 am UTC| Digital Currency Fintech
The Hong Kong Monetary Authority (HKMA) is set to launch a blockchain-based trade finance platform next month, The Financial Times reported. The platform has been designed by OneConnect, Ping An Groups financial...
Financial Stability Board publishes framework to monitor crypto-assets
Jul 16, 2018 09:10 am UTC| Digital Currency Fintech
The Financial Stability Board (FSB), an international body monitoring the global financial system, has published a framework to monitor the implications of crypto-assets on financial stability. The FSB has published...
BTC/USD Price Band Between $5,500 - $6,000 and Reminiscences of Bitcoin Boom-Cycle
Jul 16, 2018 06:16 am UTC| Research & Analysis Fintech Technicals Insights & Views
The month of June has been pathetic for crypto-universe when Coinrail, the South Korean based digital exchange platform, reported a hacking news, as a result, the price of Bitcoin (BTCUSD) plunged by more than 17.8% (as...
Banco Santander sets up new team to explore blockchain use in securities transactions
Jul 16, 2018 04:59 am UTC| Digital Currency Fintech
Spanish banking giant Banco Santander last week announced its plans to leverage blockchain and other cutting-edge technologies within its capital markets business to transform how securities are issued, traded and...
Jul 13, 2018 10:46 am UTC| Digital Currency Fintech
A recent report prepared for the European Parliament has identified digital currencies as one of the key areas representing the evolution of fintech services. The report, Competition issues in the Area of Financial...
A number of blockchain applications under review at BoT: Governor Santiprabhob
Jul 13, 2018 05:03 am UTC| Digital Currency Fintech
The Bank of Thailand is currently reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication, Governor Dr. Veerathai Santiprabhob said recently. Speaking at the...
Crypto-backed credit comes to Uphold users via Libra Credit partnership
Jul 13, 2018 03:32 am UTC| Digital Currency Fintech
Digital money platform Uphold is collaborating with Libra Credit, a decentralized global lending network, to offer its users access to a variety of Libra Credit products. Founded by former PayPal financial technology...
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