Former Credit Suisse crypto expert joins Morgan Stanley
Aug 01, 2018 09:41 am UTC| Digital Currency Fintech
Investment banking giant Morgan Stanley has hired former Credit Suisse crypto expert Andrew Peel as its head of digital asset markets, Finance Magnates reported referring to Peels LinkedIn profile. Peel, who has been...
Northern Trust helps three hedge funds in cryptocurrency investments
Aug 01, 2018 05:26 am UTC| Digital Currency Fintech
Financial services company Northern Trust has reportedly begun opening its fund administration services to cryptocurrency hedge funds, while integrating blockchain technology to its private equity business. Speaking...
Agricultural Bank of China completes loan issuance using blockchain technology
Jul 31, 2018 09:50 am UTC| Digital Currency Fintech
The Agricultural Bank of China (ABC), one of the Big Four banks in the Peoples Republic of China, has used blockchain technology for the issuance of a loan worth 2 million yuan (approximately $300,000), CoinDesk reported...
CLS, IBM team up for single shared DLT platform for financial institutions
Jul 31, 2018 03:30 am UTC| Digital Currency Fintech
FX settlement services provider CLS is teaming up with IBM on a proof of concept (PoC) for a distributed ledger technology (DLT) platform that will enable various participants from the financial services industry to...
Future FinTech sets up subsidiary in Beijing to drive blockchain incubation business
Jul 30, 2018 06:41 am UTC| Digital Currency Fintech
Future FinTech Group, a U.S.-based fintech company, last week announced the setting up of a wholly-owned subsidiary, Chain Future Digital FinTech Ltd. Based in Beijing, China Future Digital FinTech was formed on July...
Cyprus SEC establishes fintech and regtech-focused innovation hub
Jul 30, 2018 03:27 am UTC| Digital Currency Fintech
The Cyprus Securities and Exchange Commission (CySEC) has established an Innovation Hub in order to address and explore fintech and regtech developments. Expected to become operational in September, the Innovation Hub...
CoinLoan Opens Platform to Bridge Gap Between Lenders and Borrowers
Jul 28, 2018 15:35 pm UTC| Digital Currency Fintech
CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan,...
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