South African Financial Sector Regulator Declares Crypto Assets a Financial Product

South African Financial Sector Regulator Declares Crypto Assets a Financial Product
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2022-10-20 21:00

South Africa becomes the latest country to recognize crypto as a financial product. What does this mean to other African countries?

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financial product → Результатов: 126


Ripple Registers Trademark for Financial Services-Focused Product

San-Francisco-based fintech firm Ripple Labs Inc. has filed for a trademark for a product focused on financial services, on Nov. 6. As the filing explains, the product in question is called PayString and falls under categories such as “electronic financial services, namely, monetary services for receiving and disbursing remittances and monetary gifts” in both fiat […] The post Ripple Registers Trademark for Financial Services-Focused Product appeared first on BeInCrypto.

2020-11-14 18:31


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Binance Unveils Vault Allowing Users To Earn 5-8% Annual Interest On Staked BNB Tokens

Binance cryptocurrency exchange has announced the launch of BNB Vault, an investment product that allows users to stake their BNB and earn 5-8% annual interest. BNB Vault is a yield aggregator that lets users put their BNB tokens to work by utilizing the exchange’s wide array of financial products including DeFi staking, Flexible Savings, and […]

2020-11-4 09:33


Paxos introduces service enabling companies to integrate crypto buying and selling

CryptoNinjas » Paxos introduces service enabling companies to integrate crypto buying and selling Paxos Trust Company, a regulated bitcoin and blockchain asset financial institution, today introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications.

2020-7-16 13:36


First Bitcoin ETP on Deutsche Boerse’s Xetra to Provide Investors Another Way to Gain Exposure to BTC

ETC Group has launched the first centrally cleared Bitcoin exchange-traded product (ETP) on Deutsche Boerse’s Xetra through white-label platform HANetf, reported ETC Group. The BTCetc Bitcoin Exchange Traded Crypto (BTCE) will be launched later this month after it receives approval from the German financial regulator, BaFin.

2020-6-10 19:59


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Libonomy — next generation blockchain technology

Every year, blockchain technology receives more and more fans who have appreciated all the advantages of working with a decentralized registry. Moreover, a well-developed product on the blockchain enjoys a more trusting attitude from users who understand the reliability and honesty of such projects, especially when it comes to the financial sector. Companies that decide […]

2020-5-10 16:22


Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market

More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari. The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing economic slowdown. The term...

2020-3-26 15:22


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Interest-Bearing Crypto Products Shouldn’t Be Compared to Bank Accounts [Opinion]

Cryptocurrency-fueled interest-bearing financial products from BlockFi and others are being compared to bank accounts. However, this comparison is dangerous. Would you put your entire savings in a high-interest financial product that uses the blockchain? While the idea may sound enticing, we cannot forget it’s still very risky.

2020-3-8 19:16


Binance Coin Price Analysis - Long term token prospects strong despite Coronavirus Black Swan

The BNB coin is a utility token with multiple use cases within the Binance ecosystem. Binance's growing product suite supports BNB's large valuation and its position as a top 10 crypto asset. However, its value has suffered in recent weeks as negative macro headwinds created by the Coronavirus hit the global financial markets.

2020-2-28 03:00


Japanese Financial Services Giant SBI Holdings To Give XRP As Shareholders Benefit

SBI Holdings, the crypto-friendly financial institution, is set to provide its shareholders with an option of receiving their benefits in form of XRP. On Friday, SBI Holding announced that shareholders will have the option of receiving their benefits in XRP as well as any other product provided by its SBI Alapromo, a subsidiary of the […]

2020-2-1 03:01


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Google Executive From India Joins Coinbase as Chief Product Officer

A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive said, citing his experience growing up in India and the […] The post Google Executive From India Joins Coinbase as Chief Product Officer appeared first on Bitcoin News.

2020-1-31 15:00


Electra opens pilot testing for new crypto payment system

Electra (ECA), an open-source Proof of Stake (PoS) blockchain project focused on digital payments, announced today it is now seeking merchants to beta test its flagship product, ElectraPay. ElectraPay is a complete financial management system, that will allow merchants to easily adopt an alternative payment method that is not dependent upon payment service providers, banks, […] CryptoNinjas: Electra opens pilot testing for new crypto payment system

2019-12-30 17:25


South Africa’s Financial Regulator Dismisses Karatbars (KBC) Crypto Assets As A Financial Product

Karatbars International controversial KBC coin will no longer be getting attention from South Africa’s financial markets regulator, the Financial Sector Conduct Authority (FSCA). The regulator had earlier on issued a warning terming the KBC coin a ‘fraud’; German’s BaFin also made similar moves in response to Karatbars operations within its jurisdiction. FSCA Vs Karatbars International […]

2019-12-19 18:06


Bitfury Makes Strategic Investment In Shyft Network’s FATF Travel Rule Compliance System

Bitfury has recently acquired Shyft Network, a company that is working on decentralized identity solutions that would help the firms develop a data transfer product. Specifically, Bitfury is going to be investing in the travel rule solution that complies with the Financial Action Task Force (FATF) and its legal framework. Bitfury Invests In Shyft Network […]

2019-12-11 20:16


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Bank of China Rolls out Blockchain to Streamline Insurance Claims

In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto.

2019-11-7 22:15


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Hungarian Central Bank Reveals Fintech Strategy to Foster Financial Innovation

The central bank of Hungary, the MNB, has just published its first strategy on fintech. The plans aim to bring greater digitization to the domestic financial sector in the country. The report, titled ‘Financial Innovation and Stability,’ is the product of central bank collaboration with Hungarian companies working in the fintech industry.

2019-10-27 00:15


Bank of America (BoA) Completes Application Process for Their Ripple Product Manager

Bank of America (BoA) closes the application for “Treasury Product Manager” position, who will lead the development of a Ripple based blockchain solution. BoA’s Completes the Application Process According to the official post on LinkedIn, the financial giant may have found a suitable product manager to lead the team on the “development of cross-boarder payments […]

2019-10-10 19:26