Global

September 12, 2018 @ 9:22 am By JD Alois  |  

Online lender iwoca says it is UK’s fastest growing SME finance provider. The claim comes following the publication of the Sunday Times Hiscox Tech Track 100 which ranked iwoca 30th on the list. The Sunday Times Hiscox Tech Track 100, published last Sunday, 9th September 2018…. Read More

September 12, 2018 @ 8:25 am By JD Alois  |  

Invest Hong Kong (InvestHK) has shared details of its 3rd annual Hong Kong Fintech Week. The private – public partnership event which seeks to promote Hong Kong’s prominence in the fast evolving Fintech sector will be a bit different this year. For 2018, HK Fintech… Read More

September 12, 2018 @ 7:54 am By JD Alois  |  

Fintech Azimo, a European money transfer service, has has been added to the Sunday Times Hiscox Tech Track 100 list joining a prominent list of UK tech firms including some big names in Fintech. This is the first year for Azimo to be added to… Read More

September 11, 2018 @ 10:12 pm By Cali Haan  |  

The Government of New South Wales has decided to trial a blockchain-based version of its driver’s license program starting in November, ZDNet reports. During the trial, participants will be able to display a digital version of their drivers’ licenses on their phones at clubs, pubs… Read More

September 11, 2018 @ 9:53 pm By JD Alois  |  

Prospa says it has been named 6th on the 2018 LinkedIn Top Startups List. The list marks the 25 best startups to work for in Australia. Prospa adds that it is the top Fintech on the list as well. Prospa is an online lender catering… Read More

September 11, 2018 @ 9:44 pm By Cali Haan  |  

Seven suspects have been charged with various crimes related to a series of high-profile equipment thefts from Bitcoin mines in Iceland last year, Modern Consensus reports. The thefts came to the attention of industry aficionados in December last year, but became widely reported internationally in… Read More

September 11, 2018 @ 12:09 pm By Cali Haan  |  

The Marshall Islands could end up putting its one remaining relationship with a US bank at risk if it moves forward with plans to issues a national cryptocurrency, the International Monetary Fund warns. The advice comes after the Executive Board of the International Monetary Fund (IMF)… Read More

September 11, 2018 @ 11:20 am By Cali Haan  |  

A bitcoin mutual fund, “the first investment product of its kind in Canada and the only open-ended Bitcoin fund approved by the Canadian regulators,” is now available to accredited investors in Canada. The First Block Capital Bitcoin Trust (FBCBT) is the product of a partnership between NEO… Read More

September 11, 2018 @ 10:50 am By JD Alois  |  

At the meeting of EU financial ministers in Vienna last week, Austria’s Minister of Finance Hartwig Löger said that Europe is working on rules and regulations for crypto assets to support the development of the sector. The meeting included all of the economic and financial affairs… Read More

September 11, 2018 @ 8:55 am By JD Alois  |  

Speaking at the FCA Annual Public Meeting today, Financial Conduct Authority Chief Executive Andrew Bailey delivered a wide-ranging speech on the state of the FCA.  Within prepared remarks, Bailey briefly mentioned innovation in financial services, and specifically cryptoassets. Bundling up “operational resilience” and the consequences… Read More

September 11, 2018 @ 7:53 am By JD Alois  |  

At the request of the Chancellor of the Exchequer, Mark Carney, the Governor of the Bank of England, has seen his term extended until January 2020. In publicly published letter, Chancellor Philip Hammond officially extended his request that Carney remain at the Bank; “Further to… Read More

September 11, 2018 @ 5:21 am By Erin Hobey  |  

The Waves Platform, a decentralized global platform offering an ecosystem for blockchain developers, has begun its process of activating Smart Contracts on the platform’s MainNet. According to the platform, Waves released a new system protocol for its blockchain, the first stage of the launch of Smart… Read More

September 11, 2018 @ 2:41 am By Erin Hobey  |  

Mr & Mrs Smith, a global luxury travel business, has launched an equity crowdfunding campaign through Crowdcube to raise £1,000,000+ for 3.66% equity. Pre-valued at £26,341,500, Mr & Mrs Smith has quickly raised over £235,874 from 44+ investors — this is one of those exciting campaign that each refresh… Read More

September 10, 2018 @ 10:21 pm By Cali Haan  |  

Uzbekistan is taking comprehensive steps, with the help of Korean partners, to enshrine the region as a friendly one for crypto industries and hopes to become, “a new coin special zone after Malta,” ETNews reports. The venture is being led cooperatively by KOBEA, the Economic Committee of Korea… Read More

September 10, 2018 @ 10:47 am By Cali Haan  |  

Cryptocurrency trading continues in China despite a ban imposed in September 2017 and escalating countermeasures this summer, The South China Morning Post reports: “Despite multiple attempts by Beijing to shut down all local exchange platforms since September 2017, cryptocurrency trading (has) continued to prosper, with many Chinese… Read More

September 10, 2018 @ 10:19 am By JD Alois  |  

Last month, Origin Protocol reported on the results of its initial offering on CoinList. The company shared that it successfully raised over $6 million with $2 million of that amount being committed within the first 5 minutes of the offering. Today, Origin Protocol has shared… Read More

September 10, 2018 @ 9:34 am By Samantha Hurst  |  

Beacon Platform, Inc., a global financial technology company, announced on Monday it has closed its Series A funding round, led by PIMCO, as previously announced. Global investment bank Barclays, as well as the Global Atlantic Financial Group also participated in the funding round. Since its… Read More

September 10, 2018 @ 7:51 am By JD Alois  |  

Crowdcube, a leading European crowdfunding platform based in the UK, has acquired software provider Supdate. According to Crowdcube, the acquisition will help Crowdcube funded companies be more connected with their shareholders. Terms of the acquistion were not revealed but a blog post indicated that Supdate… Read More

September 10, 2018 @ 7:29 am By JD Alois  |  

The Securities and Exchange Commission (SEC) issued a temporary suspension of trading of two cryptocurrency related securities. Both the Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) traded on OTC Markets saw trading halted as ordered by the SEC. The temporary suspension went into effect… Read More

September 9, 2018 @ 9:30 pm By Steven McClurg and Katie Talati  |  

As the second largest world economy, China is important to examine when considering the crypto market. For most of us, the world revolves around markets, news, and innovation within the United States. However, many may be missing moves made by the Chinese government as it… Read More