News
Mexican entrepreneur Ricardo Salinas, who first bought Bitcoin at $200 around 12 years ago, has increased his Bitcoin exposure from 10% to 70% over the past four and a half years.
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Financial Services News
Financial services are services provided by money-managing businesses like banks, insurance companies, stock brokerages and others. Financial services evolve and grow alongside the economy of the country they are in. Modern developed economies have various financial services like foreign exchanges, investment services, insurance, venture capital, etc. The efficiency of financial services largely depends on developing technology. New technologies like telecommunication, the internet and, now, blockchain, have made financial services much faster and more secure. Blockchain financial services are currently the most efficient and cheap way for transferring assets and for performing deals through smart contracts. Future financial services may include implementing even more blockchain into their structure — for example, into their organization structure and information security system.
- Explained
While AI can enhance financial forecasting and decision-making, its ability to prevent the next financial crisis remains uncertain due to complexities like unpredictable events.
- News
FTSE 100, which is a subsidiary of the London Stock Exchange, said institutional investors are more interested in onchain data and crypto metrics than ever before.
1133 - News
Abu Dhabi Global Market regulators have approved Tether’s USDT as an accepted virtual asset, opening the door to USDT financial services.
14180 - News
The report came five days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-elect Donald Trump’s secretary of commerce.
9164 - News
The real-world asset tokenization industry is projected by some to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.
6325 - News
The RWA sector could see a more than 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s biggest consulting firms.
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Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations.
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The oracle protocol is partnering with financial infrastructure providers including Franklin Templeton and UBS.
6184 - Opinion
The lessons from recent hurricanes shouldn't be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication.
2268 - News
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.
3653 - News
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity.
2612 - News
The bank services several crypto-friendly financial technology companies.
2758 - News
In a letter signed by Republicans, the committee responded to a request for information sent by the Department of the Treasury.
5735 - News
The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance.
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