The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency.
EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns.
In a recent speech, Enria said instead of regulation, cryptocurrencies should be subject to full...
Rising Competency In Fintech By Visa: The new initiative of Visa in South Africa to expand propositions and product sales to Sub-Saharan African countries can enhance the financial sector of the country like never before.
The initiative was taken to explore ideas for business challenges, and to bring these countries closer...
In the series of International heists Bangladesh bank lost $81 million: Cyber theft that resulted in $81 million stolen from the Bangladesh Central Bank was similar to the methods employed to steal $2 million from the Indian City Union Bank, according to the CEO of City Union Bank.
Earlier, the hackers...
Clearly moving towards dominating the crypto payment market, Cardano (ADA) has moved a step forward in actualizing this with the launch of its prepaid card in South Korea. Seoul-based mobile fintech company, just announced the launch of the world's first crypto prepaid card.
Metaps...
It was a long time ago when we were able to see Phil Orlando, a market bull, cutting his exposures to stocks. Yet, it seems like the things are repeating themselves now.
It all started with the new threat coming from Donald Trump which says how they will impose an...
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...
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...
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...
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...
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...
