InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong’s proven market resilience and fintech opportunities Invest Hong Kong (InvestHK) today (August 10) unveiled the Global Fast Track Programme, a business-driven programme within Hong Kong Fintech Week (HKFW), Asia’s annual flagship fintech event,to help local and global fintech enterprises leverage Hong Kong’s … Continue reading InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

The NAC Foundation and its founder and CEO, Rowland Marcus Andrade, accused the US Securities and Exchange Commission (SEC) of prosecutorial misconduct in the SEC’s ongoing legal case against an alleged ‘AML BitCoin’ securities offering.  On October 20, Rowland Marcus Andrade and his company, the NAC Foundation, filed a notice of claim in which they … Continue reading NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

PayPal CEO Dan Schulman gave comprehensive views regarding the company’s recent investment in crypto business, discussing potential business partnerships with central banks and the development of shopping tools on the payments platform. Schulman said that starting in 2021, PayPal would allow consumers to use crypto wallets to pay for goods and services, as 28 million merchants … Continue reading PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

Normal 0 false false false EN-US X-NONE X-NONE India’s finance minister, Nirmala Sitharaman, has hinted that the government may not go for a blanket ban on cryptocurrency in the country. The finance minister has said that the government is open to experimentation with new technologies and is not closing its minds for them. Sitharaman added … Continue reading India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

Top 5 Fintech Predictions That Will Redefine The Landscape of Financial Markets in 2021

There would be no wrong in saying that digitization faced an immense push during the pandemic year, especially in the fintech industry. Keeping in mind that rapid pace of increment, fintech advancements will lead us towards an unpredictable future according to numerous leaders of financial infrastructures.  What can we expect from fintech in upcoming years? … Continue reading Top 5 Fintech Predictions That Will Redefine The Landscape of Financial Markets in 2021

JPMorgan CEO Calls for More Regulatory Clarity for Cryptocurrencies

JPMorgan CEO Jamie Dimon addressed the key issues that needed to be improved within the financial sector in his annual letter to his shareholders. Dimon called the year 2020 an “extraordinary year” financially, despite the covid-19 pandemic and the economic turmoil it wrecked. Amid the list of things that would bring financial innovation in the … Continue reading JPMorgan CEO Calls for More Regulatory Clarity for Cryptocurrencies

How US’s New Infrastructure Bill Could Choke the Crypto Market?

This week, the crypto industry is lobbying hard against language in the infrastructure bill proposal that could adversely affect huge amounts of funds generated in the cryptocurrency sector. The language in the bill would require cryptocurrency brokers to report customer information to the IRS (Internal Revenue Service) government agency. On Friday, bill broadened the definition … Continue reading How US’s New Infrastructure Bill Could Choke the Crypto Market?

Australians Lost Over $70M to Scam Crypto Investments in H1 2021

Australians have continued to count their losses as many have reportedly fallen victim to various investment scams. According to a press release issued by the Australian Competition and Consumer Commission (ACCC), Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year. This figure surpassed the total reported losses for … Continue reading Australians Lost Over $70M to Scam Crypto Investments in H1 2021

Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt

Veteran trader Peter Brandt has cautioned aware of “fear of missing out” (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place. He explained: “Bitcoin is not in a bull market that started at Feb low. Rather, BTC is in a … Continue reading Bitcoin Stucks in a Broad Congestion Zone, says Market Trader Peter Brandt

CoinMarketCap, CoinGecko, TradingView Blocked in China after Toughened Cryptocurrency Clampdown

In a further attempt to impose a crackdown on the cryptocurrency sector in mainland China, three popular cryptocurrency market data platforms – TradingView, CoinMarketCap, and CoinGecko – users are now inaccessible in China. On the contrary to claims that the three most popular crypto market data sites decided to cut off Chinese IP addresses actively, CoinMarketCap, … Continue reading CoinMarketCap, CoinGecko, TradingView Blocked in China after Toughened Cryptocurrency Clampdown

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