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Financial Services
Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report
Police in Panshi City, Jilin arrested six people for running an "underground bank."
Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.
UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
Newly named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.
Smart Contract Platforms: Past, Present and Future
A brief overview of smart contract platform use cases and the potential for investment.
Gaming Out DeFi’s Regulated Future
Precedents from radio and music, and ride-sharing, all point to accommodation, not annihilation, and traditional financial service organizations may also benefit from this approach.
Crypto Can Overcome Its Reputation as a Weak Link in Financial Crime. Here's How
Among its efforts, the crypto industry must establish a compliance-focused culture.
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
“Project Lithium” is particularly focused on how a central bank digital currency could benefit the financial services industry.
