[ad_2][ad_1] About $ 1 million worth of Ethereum tokens is locked into a new DeFi app after its developers made changes to the protocol’s interest rate smart contracts. Lending platform DeFi PercentFinance, a fork of Compound Finance, wrote in a blog post on November 4 that “some [its] the money …
Read More »How financial planners think of Bitcoin- CoinDesk
[ad_2][ad_1] Independent Investment Advisor Tyrone Ross Speaks With Certified Financial Planners (CFPs) Justin Castelli is Douglas Boneparth on how they are watching bitcoin and what they hear from customers. Financial planner perspectives “My biggest concern is that things are moving too slowly,” said Douglas Boneparth, “The horse is out of …
Read More »GTBank obtains approval in principle from CBN to operate as a financial holding company
[ad_2][ad_1] Guaranty Trust Bank Plc announced that it has obtained approval in principle from the Central Bank of Nigeria (CBN) to operate as a financial holding company. This disclosure was made by the Board of Guaranty Trust Bank Plc in a press release sent to the Nigerian Stock Exchange. READ: …
Read More »Why Crypto is the Next Big Trend in Financial Planning
[ad_2][ad_1] Cryptocurrency could be a perfect addition to a financial services practice if you are looking to grow and maintain your business. Why should I say this when we know that most consultants would never tell their clients to allocate more than 5% of their portfolio to cryptocurrencies? Adam Blumberg …
Read More »Spanish banks lead the development of the blockchain-based digital identification model
[ad_2][ad_1] Ten major Spanish companies – including Santander, Libra Bank, Bankia, Caixa Bank and BME – are planning to implement a self-managed digital identity model using blockchain technology. The project, known as Dalion, has completed concept testing, leading to a second phase of development and testing with the aim of …
Read More »The Australian senator says he is using blockchain technology to ease financial regulatory burdens
[ad_2][ad_1] Liberal Australian Senator Andrew Bragg said integrating blockchain technology into the country’s financial system could have far-reaching positive consequences. According to a November 4 report from tech news site ZDNet, Bragg said “the future is technology via blockchain” at the Future of Financial Services 2020 virtual conference on Wednesday. …
Read More »4 Graphs That Show Why Financial Advisors Should Care About Bitcoin
[ad_2][ad_1] The traditional 60/40 portfolio (balance of equities and fixed income assets) has not been tested for these unprecedented times. Central bank balance sheets are skyrocketing and interest rates are at historic lows. This means that investors are reaching yield far and wide, often without reliable hedging. Advisors should consider …
Read More »Bitfront of Line Corporation to pay interest on Line’s crypto asset
[ad_2][ad_1] BITFRONT, LINE Corporation’s global digital currency exchange, now provides interest on LINE’s LINK (LN) cryptocurrency deposits through a partnership with Celsius, the blockchain-based crypto loan and reward platform. BITFRONT launched interest services in September for cryptocurrency deposits from Tether (USDT), Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin …
Read More »The Australian senator says blockchain can make financial compliance easier
[ad_2][ad_1] Liberal Australian Senator Andrew Bragg believes blockchain technology can solve a number of important regulatory problems in his home country. According to Bragg, blockchain technology could become a useful tool for reducing the complications associated with compliance and transparency of financial regulations. “The future is technology via blockchain,” the …
Read More »Global Digital Coin Market Report 2020 – COVID-19 Impact Coverage, Financial Information, Developments, SWOT Analysis of Major Global Companies
[ad_2][ad_1] Global Digital currency market The 2020 research report provides a detailed analysis of the state of the industry and the prospects of the major regions based on the key players, countries, product types and final sectors. This research report offers the overall analysis of segments such as market opportunities, …
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