2020-1-4 14:01 |
While no one would deny the crypto sector has its fair share of ne'er do wells and general malfeasance, it was trusted legacy brands that stood out during the year for the sheer scale of their transgressions and related fines origin »
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In a recent interview, Ripple Labs’ CEO Brad Garlinghouse has indicated his ambition to replace legacy cross-border payment mechanisms with an XRP-based solution. Ripple Labs Declares War on Legacy Cross-Border Banking Practice Appearing in a podcast by The Jay Kim Show in Singapore at Ripple’s 2019 Swell Conference, Garlinghouse criticized the infrastructure for global remittances […] The post Ripple’s CEO Aims to Dismantle Legacy Cross-Border Payments Infrastructure appeared first on Crypto Briefing.
2019-11-27 17:05 | |
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Alex Mashinsky is a successful entrepreneur best known for inventing VOIP which enables 1B people to talk over the internet for free. VOIP disrupted the Telecom companies and now Alex wants to disrupt the banks with Money Over IP.
2019-11-25 02:45 | |
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Indices like the S&P 500 and the Nasdaq 100 have long been important indicators for tracking sector performance in legacy markets. Similar institutional-grade indices are now available for crypto markets.
2019-11-16 14:09 | |
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Swiss-based crypto bank SEBA is now open for business. After receiving a license from the Swiss Financial Market Supervisory Authority in August this year, the bank has now achieved its target of becoming operational this week.
2019-11-13 15:11 | |
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Justin Trudeau has narrowly won the 2019 Canadian election, edging out his conservative opponent to form what is likely to be a minority government. If the legacy of Trudeau’s first term – apart from ending the decade-long brutishly pro-business policies of the Stephen Harper government – is the legalization of cannabis in the country, Canada […] The post Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style? appeared first on Crypto Briefing.
2019-10-23 15:26 | |
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Financial inclusion has always been one of the benefits of cryptocurrencies, promising to serve the unbanked and underbanked, those ignored by legacy institutions in both the west and in the developing world.
2019-10-9 18:59 | |
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Ethos crypto asset ecosystem re-brands token to align with Voyager - CryptoNinjas Ethos, a crypto asset service ecosystem, which was acquired by cryptocurrency brokerage company Voyager earlier this year, announced that their legacy Ethos token (ETHOS) will be re-branding to the newly introduced Voyager token (VGX).
2019-10-3 16:24 | |
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“We do not see crypto as replacing fiat. ” Breanne Madigan, Head of Global Institutional Market at Ripple said at The OECD Global Blockchain Policy Forum 2019. In the finance session, Madigan stated that Ripple was inclined toward interoperability and that “replacing fiat” was not their goal.
2019-9-14 21:14 | |
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Hong Kong-based Legacy Trust is creating a new business arm dedicated entirely to cryptocurrency custody called First Digital Trust. The post Legacy Trust Dedicates New Business to Bitcoin, Crypto Custody appeared first on Bitcoin Magazine.
2019-9-11 17:04 | |
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Legacy Trust launches separate crypto custodian business: First Digital Trust - CryptoNinjas Legacy Trust Company, a Hong-Kong licensed and Public Registered Trust Company, announced today it is launching a new and independent business, First Digital Trust, to accommodate the growth of its digital asset custody services.
2019-9-11 16:10 | |
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Hong Kong-based Legacy Trust is spinning out a new business focused entirely on institutional-grade cryptocurrency custody solutions.
2019-9-11 10:49 | |
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As lending services migrate from financial institutions to the blockchain, new contenders are challenging legacy players with easy credit, versatile forms of collateral, and attractive interest rates.
2019-9-7 21:55 | |
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Custody firm Legacy Trust announced the launch of a digital asset-based pension plan to allow the public to hold crypto for their retirement corpus. As per Coindesk, September 4, 2019, the Hong Kong-based firm will offer the scheme to employees of participating firms and self-employed individuals through an underlying portfolio of cryptocurrencies and fiat currencies.
2019-9-6 19:00 | |
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Legacy Trust, a crypto custody provider, has recently decided to launch a new product, a digital pension plan based on cryptocurrencies. The company, which is based in Hong Kong, announced its plans and also opened the way for its employees to participate in the program.
2019-9-4 20:48 | |
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Cryptocurrency custody provider Legacy Trust is launching one of the first digital assets-based pension plans.
2019-9-4 13:16 | |
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Argentina’s besieged Macri government has imposed new restrictions on foreign currency in a bid to shore up the Peso and stabilize the economy. The maneuver will do little to douse concerns of legacy government and institutional capacity to ably manage economies.
2019-9-4 00:46 | |
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The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them.
2019-8-30 01:30 | |
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A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion.
2019-8-23 12:58 | |
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Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered.
2019-8-18 22:22 | |
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Last week Nexo (NEXO) announced a MasterCard-branded credit card to let hodlers spend their borrowed crypto, bringing virtual assets forty million steps closer to mass adoption. At first glance, the idea that cryptocurrencies should rely on legacy infrastructure is disappointing.
2019-8-6 00:10 | |
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Libra isn't the only payment system that stands to threaten the banks. Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management feature.
2019-7-22 02:30 | |
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Changpeng Zhao, the CEO of Binance and a leading voice in the crypto community, has poured cold water on the idea that institutional investors are driving bitcoin’s price action. While some data suggest that legacy investors are finally entering the crypto space, Zhao (affectionately known as CZ) recently reaffirmed that the latest price movements are […] The post Are Institutional Investors Behind Bitcoin’s Rise? appeared first on Crypto Briefing.
2019-7-22 21:52 | |
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One of the biggest goals for cryptocurrency is to bank the unbanked. By some estimates, one-third of the world’s population has no access to the financial system. For them, legacy banking has been an abject failure.
2019-6-12 23:06 | |
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In a press release shared with BTCManager, Beaxy Digital LTD, a cryptocurrency exchange, launched their fully-regulated trading platform on June 11, 2019. The exchange boasts quick transaction speeds on 16 different crypto assets and looks to mimic traditional trading products from legacy finance.
2019-6-12 17:00 | |
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The first quarter has come and gone, and there’s still no Bakkt. Nonetheless, the regulated exchange for bitcoin futures contracts, whose backers include NYSE-owned Intercontinental Exchange (ICE) and Microsoft, is boldly building out its team.
2019-4-14 23:30 | |
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Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).
2019-4-12 22:03 | |
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Characteristics such as decentralization and freedom of access have allowed cryptocurrencies to emerge not only as alternatives, but also as competitors to legacy financial systems. Part of the reason why the industry has emerged so is the fact that there is a widespread perception that the traditional financial and banking systems are morally corrupt.
2019-4-8 13:30 | |
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For over a decade now, cryptocurrencies have been disrupting legacy finance. Jump started with Bitcoin, crypto markets exploded with CoinMarketCap currently showing 2136 cryptocurrencies. Growth in the number of coins has been fueled by market segmentation with projects catering to specific target audiences.
2019-4-4 18:22 | |
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“My name is David Siegel, I am a regulatory refugee from the United States. ” This is how David Siegel, founder of crypto projects Pillar and 20|30, starts his presentations. What challenges have you faced building projects within the blockchain industry? Siegel understands the need for innovation and disruption within economies, and he can get more done in the UK and Europe than he can in the US.
2019-4-1 02:30 | |
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What Is CyberMiles? CyberMiles is a Hong Kong-based blockchain platform created by U. S. -based ecommerce marketplace app company 5miles. The company aims to replace legacy ecommerce marketplaces like Amazon and Ebay with a suite of smart contract-based tools.
2019-3-31 17:06 | |
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Coinspeaker Ledger and Legacy Trust Join Forces to Provide Institutional Custody of ERC-20 TokensTrust company Legacy Trust and hardware wallet maker Ledger will offer a new institutional-grade crypto custody solution called Ledger Vault.
2019-3-28 20:40 | |
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Hong Kong custodian Legacy Trust has partnered with French hardware wallet producer Ledger to offer institutional cryptocurrency custody services
2019-3-29 16:22 | |
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Hardware wallet maker Ledger and Hong Kong-licensed Legacy Trust now provide custody for crypto assets including ethereum-based tokens.
2019-3-28 16:00 | |
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Chicago’s Mayor Takes To The Stage To Laud Cryptos Very often do incumbents of legacy industries mention crypto assets. And even if they do, their comments are often laced with a negative tone, as they.
2019-3-21 08:00 | |
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Tyler and Cameron Winklevoss are known for many things. Billionaire status. Taking on a social media Goliath. And as early bitcoin investors. If you ask them what they want their legacy to be, however, which is precisely what CNN Business did during SXSW 2019, the twins would unequivocally choose crypto.
2019-3-19 11:35 | |
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It’s Monday, which means it’s time for a roundup of the weekend’s cryptocurrency and blockchain news. Here’s Moonday Mornings. 1. Japan’s Financial Services Agency is reporting a 36 percent drop in the number of cryptocurrency related inquiries in the fourth quarter of 2018 compared to the previous quarter, Brave New Coin reports.
2019-3-4 12:49 | |
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At long last, incumbent corporations of legacy industries have begun to delve into cryptocurrencies, not just blockchain technologies. While Bitcoin (BTC) has continued to struggle, save for its relatively stellar performance over February, Wall Street darling JP Morgan and Silicon Valley’s Facebook have announced serious intentions to offer their own digital assets.
2019-3-3 00:00 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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Blockpass, a blockchain-based digital identity verification solution, today announced the integration of its KYC Connect solution into the Legacy Trust customer onboarding procedure. Legacy Trust provides custody for crypto and fiat assets for individuals and institutions. Legacy... Source
2019-2-28 05:05 | |
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Since Bitcoin (BTC) came into being, incumbents of the legacy world, such as Jamie Dimon or Janet Yellen, have bashed the cryptocurrency en-masse. Dimon, the chief executive of JP Morgan (ironic, I know), remarked that Bitcoin is a “fraud” and of no inherent value, while former Federal Reserve chair Yellen quipped that the asset is […] The post Don’t Listen To Crypto Critics, Bitcoin “Really Is Money” appeared first on Ethereum World News.
2019-2-16 03:36 | |
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Ripple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world.
2019-2-16 01:00 | |
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It may have taken some time, but legacy finance is starting to join the crypto crowd. In addition to Visa and JPMorgan, Mastercard is starting to #buidl on the blockchain, after joining hands with a Stellar-based technology company.
2019-2-15 18:56 | |
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Crypto, Bitcoin (BTC) included, is slow, expensive, and hard to integrate, cry this industry’s skeptics. While this argument has gained traction in recent years, especially as blockchains struggled to keep up with the transactional demand seen in late-2017, some aren’t all too convinced.
2019-2-4 00:00 | |
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B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U. K. -based subsidiary approval to offer the crypto space a new investment derivative.
2019-2-1 20:57 | |
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There’s another step in the ongoing dance between Ripple and the legacy payments system Visa. InstaReM, a Singapore Fintech startup and RippleNet member, has joined Visa’s fintech fast-track program in the Asia Pacific Region, allowing quicker and easier deployment of the company’s commerce solutions on Visa’s payments network.
2019-2-2 18:35 | |
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Bitcoin’s ten-year birthday has come and gone, and the crypto industry is now more than just a new and exciting movement at the fringes of the tech space. The term “blockchain” still has techs-appeal, but at this point people want to hear about more than just potential.
2019-1-29 21:48 | |
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It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community.
2019-1-30 19:13 | |
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Since Bitcoin garnered traction in 2016/2016, the crypto & blockchain industry has been overtly lauded as a catalyst behind a “brain drain” on Wall Street, Main Street, and even Silicon Valley.
2019-1-29 14:03 | |
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The crypto market‘s lack of correlation with traditional equities, like American stocks, bonds, and real estate, has always been an integral part of the tantalizing, entrancing nature of Bitcoin.
2019-1-28 17:07 | |
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Gennaro D'Urso is the founder of Pharma Collective and Israel Mersky is the Director at Pharma Collective. Gennaro has a background in science and entrepreneurship, while Israel comes from the advertising industry and has experience in the pharmaceutical psychedelic space.
Jasper De Gooyer is the co-founder and CTO at SEDA, a multichain, permissionless protocol connecting real-world data to any network on-chain.
Bitget, top global cryptocurrency exchange and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.
VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand.
Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice.
Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ).
Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation.