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London Calling: A New Survey Shows 1 in 3 Londoners Plan on Investing in Cryptocurrencies
Roughly 1 in 3 (or 30 percent) of people in London have said they plan on investing in cryptocurrencies - c0mpared to 13 percent nationwide in the United Kingdom, according to a new survey conducted by Rathbone Investment Management.  The survey also found that 1 in 8 crypto investors in London "attribute their current wealth to digital currencies like bitcoin and
This Could Be an Important Week For Shaping ICO Regulation in the U.S.
About 50 key industry players in the cryptocurrency and financial services industries will be meeting with members of Congress on Tuesday for a roundtable to discuss regulating initial coin offerings (ICOs) in the United States. The roundtable, called "Legislating Certainty for Cryptocurrencies" and organized by Rep. Warren Davidson (R-Ohio), was first reported by Axios. Among the people who are slated
Singapore Central Bank Official: Blockchain ‘Fundamental’ to Transforming Financial Services
Just how serious is Singapore about blockchain? Immensely, apparently. Speaking at an event called Consensus: Singapore, Damien Pang, the Monetary Authority of Singapore’s Technology Infrastructure Office chief, said that blockchain – together with artificial intelligence – are “fundamental” technologies for the transformation of the financial services industry, the South China Morning Post reports. “We take an approach where our regulations
Japan Hit by Another Massive Cryptocurrency Heist
Japan has been hit by another cryptocurrency heist with $60 million stolen, as Reuters reports on Thursday September 20th 2018. Ilia Kolochenko, CEO and founder of web security company High-Tech Bridge comments as follows: “Unfortunately, even the harsh regulation of crypto markets is no silver bullet. Digital coins are extremely attractive for cybercriminals who can easy launder them and convert
New York University Becomes First U.S. University to Offer a Major in Blockchain Technology
New York University (NYU) has reportedly become the first college in the United States to offer students the opportunity to major in blockchain technology, as Cointelegraph notes (via CBS New York). The program will be offered by NYU Stern School of Business, which also became the country's first business school to offer an MBA in fintech. Cointelegraph notes that Stern
Ripple Says it's Nearing the Release of its Commercial Crypto Product
Sagar Sarbhai, head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said in an interview with CNBC on Monday that the blockchain startup is expected to release its crypto-based xRapid product "in the next month or so." Ripple's xRapid is a tool that is designed to give banks a much faster way to make cross-border transactions by
The Crypto Hedge Fund Founder Backed By Steve Cohen Looks Ahead
The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling the fintech thought leaders speaking at the event. Our next installment is an interview with Arianna Simpson, founder of Autonomous Partners, a cryptocurrency- and blockchain-focused hedge fund that recently
Blockchain is Changing Insurance Markets Inside and Out
All around the world, and throughout almost every industry, analysts have been puzzling over how the cryptocurrency revolution could eventually come to shape their businesses. That's an important area of investigation, but it also reflects the fact that the wider world may be missing the point. In reality, it is not cryptocurrencies that stand to turn the business world on
Crypto's Plunge is Now Worse Than the Dot-Com Crash
With apologies to Shakespeare: We come here neither to bury cryptocurrencies, nor to praise them, but to just be brutally honest about how things fare right now with our beloved digital coins. Alas, things do not fare well at the moment my friends, countrymen and Romans (if you happen to be Roman). We already mentioned how last week was a
2018 Hong Kong Fintech Week Slated to Be World’s First Cross-Border Fintech Conference
Hong Kong Fintech Week is right around the corner, and apparently, Hong Kong will be taking things all the way up to 11. After wowing an over 4,000-strong crowd of international investors, regulators, and fintech enthusiasts in Hong Kong last year, Hong Kong Fintech Week is set to outdo itself this year by becoming the world’s first cross-border fintech event.