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Cryptocurrency market started off with a lonesome issuance of Bitcoin back in 2009, but the big boom didn’t take place until 2017 when the crypto assets finally started to get some major recognition. Although the crypto adoption has come far, being spread across the globe, trading volumes of cryptocurrencies are...
Hong Kong's Securities Watchdog to Regulate Crypto Funds- Hong Kong's Securities and Futures Commission (SFC) says it will bring crypto funds under its securities regulations to improve investor protection. In a circular issued Thursday, the financial regulator said that investment funds based in Hong Kong and that intend to invest...
A brief history of the crypto-jobs Bitcoin is no secret, everyone is well aware of the term cryptocurrency now. Bitcoin's founder is unknown, however, it is obvious that someone coded the world's first and most expensive cryptocurrency. After Bitcoin started gaining attention and value and crossed the $10,000 mark in...
An official of South Korea has revealed the plans of the government to announce its official stance on Crypto ICOs in November. According to The Investor, Chief of the Office for Government Policy Coordination, Hong Nam-Ki, in a response to a question raised on the stance of the government concerning...
Leading derivatives regulator Mr Giancarlo said: “I personally think that cryptocurrencies are here to stay. “I think there is a future for them.” He however is sceptical the currency will ever achieve its ultimate goal of becoming the world’s leading currency. CRYPTOCURRENCIES like bitcoin are here to stay, claims Commodity Futures Trading...
A fight has blown up concerning the future of crypto exchanges, and its impact will greatly reflect how the crypto space evolves. One side of the fight comprises of purists who strongly argue that the crypto exchanges- the on- and off-ramps surrounding the crypto space and traditional banking system-...
Fintech has lived the top attention like a year ago. Now it is time for action. And we see lots of improvements in the fintech industry disrupting the financial solutions. They may be worlds apart in the financial services industry but German payments company Wirecard AG is fast approaching the...
Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial's latest $14 billion funding round reportedly values the Alibaba affiliate at $150 billion, far more than Goldman Sachs' $88 billion. The Chinese financial services company grew out of Alipay, the digital payments system that contributed significantly to...
Advanced technology, backward banks and soaring wealth make China a leader in fintech Even at a European conference about fintech, one country dominated the conversation: China. This week, hundreds of fintech companies, from startups to tech giants, gathered at the Money 20/20 conference in Amsterdam, Netherlands. One key theme at the...
With the exit of UK next year, EU is trying to attract the fintech industry. Currently, London is the financial capital of the world. However, once it is separated from EU, it is expected that many companies will be looking for an alternative place for setting up the headquarters....