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Hong Kong to Regulate Crypto Mining as China Mulls Outright Ban
Here’s something interesting, according to the Harbour Times, Hong Kong is set to restrict crypto mining: Hong Kong has moved to regulate cryptocurrency mining, the computing process that generates cryptocurrencies such as Bitcoin, with regulators attracted to the industry by the massive amounts of money it has generated. The sale of mining equipment and any other products and equipment necessary
Land of the Unicorns
There is a herd of unicorns prancing through Wall Street and the bulk of money is chasing them. A “unicorn” refers to a startup, usually venture-backed, that achieves a private valuation in excess of $1 billion whether they are profitable or not when they become public. What once seemed impossible is commonplace today. The two king unicorns are Uber, the
Loyalty Rewards On The Blockchain
Blockchain
The DigitalBits blockchain launched its MainNet in March of 2018. Digitalbits makes possible the transfer and trading of points, also known as loyalty and rewards. jaydeep_ / Pixabay The mission is to accelerate the adoption of blockchain technology. Our native decentralized marketplace features multi-hop technology that brings transferability, portability and seamless transfer of value to digital assets. [REITs] Q1 hedge
Rock Holdings Buys Canadian Mortgage Tech Startup Lendesk
FinTech
Quicken Loans parent company Rock Holdings has taken a majority stake in Canadian fintech mortgage company Lendesk. The merger will combine the technology of Lendesk, which helps connect mortgage brokers with leading lenders, and Quicken Loans, the largest American mortgage lender. Read more at Benzinga. Photo: uberof202 ff
Panel on Hong Kong's Regulatory Environment - Hong Kong Blockchain Week 2019
In this Hong Kong Blockchain Week panel, Deloitte’s Lapman Lee examines Hong Kong’s regulatory landscape with SFC’s Clara Chiu, HKMA’s Wilson Pang, and Binnersley & Associates’ Kristi Swartz. They dive into the former colony’s regulatory approach, its sandbox application process, and the benefits of virtual banking, among others. Check it out:
How A Group Of Academics Open-Sourced Conversational AI, And Then Turned It Into A Business
AI
Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of the Fintech Focus podcast, we talk about the science of, well, talking. Conversational AI has already changed how
Misreading the Signs: Is Yield-Curve Inversion a False Alarm?
The US yield curve dipped into inverted territory recently. But that’s not necessarily a bad omen for equities. There are several important warning signals—and lately the yield curve’s slope is the only one flashing red. The curve plots the gap between long- and short-term US Treasury yields, and there’s a reason investors pay attention to it: the curve has inverted
5G Technology Market Size To Surpass US$248,462.4 Mn By 2028 End
Smart Cities
mohamed_hassan / Pixabay Future Market Insights (FMI) recently published a report titled ‘5G Technology Market – Global Industry Analysis and Forecast 2018–2028.’ 5G technology will play a crucial role in supporting governments and public organizations in transforming cities into smart cities, and will enable citizens and communities to realize and participate in the socio-economic benefits delivered by an advanced, data-intensive,
JP Morgan Sets Its Sights on Payments
Seeking to ward off upstarts like TransferWise and Ripple, American investment banking giant JP Morgan is expanding its blockchain project onto the payments scene. J.P. Morgan’s Interbank Information Network (IIN), which was originally designed to tackle compliance issues, will be expanded to “help smooth the banking industry’s payment system,” the Financial Times reports. “The initial use case was around sanctions screening,”
Panel on Practical Insights for the Successful Launch of STOs - Hong Kong Blockchain Week 2019
In this Hong Kong Blockchain Week panel, Coinstreet Partners’ Samson Lee chats with Securitize’s Jacqueline Kwok, Ledger’s Benjamin Soong, BMI’s Lowell Lo, and STO Global-X’s Floyd D’Costa about one of the hottest topics of the industry: STOs. Find out what it is, why everyone’s talking about it, and more importantly, how to launch a successful one, here: