One of the more interesting traditions in the forex world as we head toward the holiday season and year-end is Saxo Bank’s annual “Outrageous Predictions”. Not meant to be a real look into the crystal ball but rather food for thought, Saxo Bank takes a look at some wacky but still plausible scenarios for traders…
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Just two days after global investment banking giant Goldman Sachs Group Inc (NYSE: GS) left the R3 distributed ledger technology consortium, R3 has announced the addition of China Minsheng Bank to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Beijing, Minsheng Bank is China's first major…
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National Settlement Depository (NSD), Russia’s central securities depository has today announced its developed a partnership with iCoinSoft Exchange Platform, an engine for a digital asset exchange by icoinsoft.com as part of the HSE{Pro}Fintech program of the Higher School of Economics’ Business Incubator. The project implements an idea of the technological infrastructure which increases the efficiency and convenience…
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Bitcoin exchange Gatecoin has announced its support for ICONOMI, an Ethereum based fund management platform, with the listing of their ICN token on Gatecoin's exchange. ICONOMI has recently raised more than USD 10.6 million equivalent in fiat and cryptocurrency during its latest initial coin offering (ICO), which ended on September 29th, 2016, marking the 11th largest crowd sale…
Read moreTwo days ago the UK Financial Conduct Authority (FCA) stated that consumers should be wary of dealing with the software and technology company OneCoin. OneCoin commented earlier today that is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin claims that it has not been contacted by the City of…
Read moreThe digital currency Dash has announced the direct cooperation with a blockchain compliance platform provider Coinfirm. The partnership creates an interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance. London-based Coinfirm will provide Dash with the capacity for safe adoption by commercial or financial institutions that require full-fledged compliance without affecting Dash’s optional…
Read moreThe R3 distributed ledger consortium has announced that Chinese banking giant China Merchants Bank Co. Ltd (SHA:600036) has become the latest member to join R3. China Merchants Bank, or CMB, becomes the second major China-based group to join R3. We had earlier reported that Ping An Financial Services Group had become an R3 member back in May. The R3…
Read moreThe R3 distributed ledger consortium has announced that U.S. insurance giant Metlife Inc (NYSE:MET) has become the latest member to join R3. MetLife becomes the second major insurance group to join R3. We had earlier reported that AIA Group Ltd (HKG:1299), the largest independent publicly listed pan-Asian life insurance group, had become an R3 member back in…
Read moreThomson Reuters has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. As a leading source of news and information for professional markets, Thomson Reuters will contribute insights from its work with customers to drive product innovation and transformation in the financial sector using distributed…
Read moreThe Gibraltar Stock Exchange welcomes BitcoinETI (ticker: BTCETI), an asset-backed Exchange Traded Instrument that is invested exclusively in bitcoin, making it the first European regulated product for the leading digital currency. The Bitcoin Exchange Traded Instrument (ETI) was approved for admission to listing on GSX on 22-Jul-2015 and will be co-listed on Deutsche Börse this week under…
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