Financial Services

colombia-venezuela-border-bitcoinColombia

A New Bitcoin Exchange On the Colombian-Venezuelan Border Will Help Refugees

Diana AguilarJun 18, 2019

Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela.

tetherBitfinex

Bitfinex’s Parent Company Has a New Offshore Services Provider

David FloydNov 16, 2018

iFinex, the parent company of Bitfinex, has parted ways with its old offshore services provider for a new firm.

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US Commerce Dept. Wants to Survey Firms on Cross-Border Crypto Usage

Danny NelsonFeb 25, 2020

The Bureau of Economic Analysis plans to ask financial institutions whether they conducted any crypto trades with foreigners in 2019.

Federal Reserve

There’s A Giant Bitcoin Rat on Wall Street And It’s Staring Down the Fed

Alyssa HertigOct 9, 2018

A public art installation in New York is turning heads in what its creator hopes will be a commentary on bitcoin and government money management.

US Congress

US Congressman Calls for Ban on Crypto Buying and Mining

Christine KimJul 18, 2018

A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.

Financial Services

Investment

The CFA Exam Is Getting a Crypto Section Next Year

Christine Kim

The Chartered Financial Analyst Program Exams are about to add topics on cryptocurrencies as examinable material for candidates in August 2019.

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Congress

Lawmakers to Discuss If Crypto Is ‘The Future of Money’ Next Week

Christine Kim

The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.

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Identity

Major Banks, Regulators Trial ‘Know Your Customer’ App on R3’s Corda

Muyao Shen

Around 40 participants have trialed a "self-sovereign" know-your-customer application that gives customers more control over their data.

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Blockchain Technology

Spain’s Securities Market Watchdog Completes Blockchain Test

Muyao Shen

A pilot test was successfully conducted for a Spanish-backed blockchain project to increase the efficiency of registering issuances.

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Payments

Blockchain Startup Chain Launches Balance Management Cloud Service

Sujha Sundararajan

Blockchain startup Chain is launching a new cloud-based Software as a Service product for managing balances in financial and commerce applications.

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China

Economic Forum Highlights China’s Rise in Blockchain R&D

Wolfie Zhao

Blockchain tech will likely boost financial inclusion, but a major impact is still a way off, according to panelists at a recent event in China.

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Banking

Blockchain in Finance: From Buzzword to Watchword in 2016

Farzam Ehsani

As Big Finance starts to better understand blockchain, central bank-issued cryptocurrencies will likely follow, says FirstRand Bank's Farzam Ehsani.

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Insurance

Blockchain Startup Joins Allianz Backed FinTech Accelerator

Stan Higgins

Blockchain startup Everledger has joined a financial tech accelerator owned by insurance and financial services company Allianz.

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