[ad_1] The forecasts of a finance bill of the fintech have been made repeatedly in recent years, but investments in the sector remain strong. Venture capital investments in US companies of fintech reached a quarterly high of $ 3 billion in the second quarter, according to KPMG's latest Pulse of …
Read More »The world's largest cryptocurrency mining company has billions of revenue
[ad_1] A Bitmain ASIC file, cryptocoin.news . According to Fortune Bitmain, the leading company of cryptocurrency mining cited an audit conducted by the company KPMG in which reported net profits of $ 1,100 million in the first quarter of 2018 that would be at least 35% of the benefits obtained …
Read More »The NFA proposes an interpretative communication that imposes new disclosures of virtual currency – Finance and Banking
[ad_1] Registration (you need to scroll down to set data preferences) Mondaq Ltd requires you to register and provide personally identifiable information, including content preferences, for three main purposes (full details) on the use of Mondaq of your personal data can be found in our Privacy and Cookie Policy): To …
Read More »Mastercard, EZ-Link and fintech You Technologies launch the multi-currency mobile wallet
[ad_1] "YouTrip" allows users to pay in over 150 currencies. The contactless card issuer EZ-Link, Mastercard and the fintech startup based in Hong Kong You Technologies have tied up to launch & # 39; YouTrip & # 39 ;, a multi-currency wallet mobile that can handle transactions in over 150 …
Read More »Cryptographic exchanges authorized in Japan formally require self-regulation
[ad_1] An association of sixteen Japan-based national cryptocurrency exchanges has formally requested certification from the country's financial regulatory authority to form a self-regulatory body. The Japan Virtual Currency Exchange Association (JVCEA), a body comprising all 16 licensed cryptocurrency grants, is seeking to become a "certified fund settlement firms association" after …
Read More »What is missing from the fintech card of the OCC
[ad_1] A version of this post was previously published on the Federal Financial Analytics blog. The Office of the Currency Controller recently concluded its controversial decision to authorize a fintech card for special purposes. Although OCC points out that it is holding these special purpose cards to standards equivalent to …
Read More »Comparison of the economic costs of Bitcoin Mining compared to the Fiat Gold and Banks currency
[ad_1] While cryptocurrencies have enjoyed an increased rise to fame from both their highly active users, who believe deeply, to the general public and to the main banking and governmental institutions. Each of the latter believes that the cryptocurrency still has some ways to go before it can achieve the …
Read More »Speculators, not drug dealers, dominate Bitcoin Usa now
[ad_1] The relationship between legal activities and illegal activities in Bitcoin has changed, according to Lilita Infante of the US Drug Enforcement Administration. When Infante began to see Bitcoin appear in his cases at the DEA five years ago, his analysis of blockchain data showed that criminal activity was behind …
Read More »The UK Financial Authority creates a global alliance for Fintech's innovation collaboration
[ad_1] The UK Financial Conduct Authority (FCA) announced the creation of a global initiative to improve collaboration on fintech innovations – as a blockchain – between regulators and companies, according to an official press release of 7 August. The FCA says the new alliance, the Global Financial Innovation Network (GFIN), …
Read More »Goldman Sachs Group, Inc. (The) (NYSE: GS), American Express Company (NYSE: AXP) – Fintech Firm Even Financial raises $ 18.8 million Series A Round
[ad_1] Even Financial, a fintech company that acts as a provider of personal finance websites, announced a $ 18.8 million A-series loan on Tuesday. This brings the company's total financing to $ 25 million. since its launch in 2015. The A Series was led by GreatPoint Ventures, and also includes …
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