Forbes “Fintech 50” List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut

Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field.…

New Regulatory Framework for Digital Asset Token Offering Introduced in Philippines

The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4. The new regulations released by the country’s Cagayan…

Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of…

Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency

The Cabinet, the executive organ of the government of Ireland, has approved a bill that would give effect to the European Union (EU) Fifth Anti-Money Laundering (AML) Directive, the Irish Times reported Jan. 3. The directive — which came into…

2019 Will See Entry of More Institutional Players in Crypto, Says Asia Fintech PwC Leader

Henri Arslanian, the Asia fintech and crypto leader of PricewaterhouseCoopers (PwC) Hong Kong, has predicted that many institutional players will enter the crypto industry in 2019. Arslanian made this claim during an interview with Bloomberg published on Dec. 24. When…

Markets Remain Checkered After Christmas With Red and Green Across the Board

Friday, Dec. 26 — crypto markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. All of the top 10 coins by market cap are seeing mild losses or gains of within a three percent…

Crypto Investment Platform Secures Seed Funding from Peter Thiel, Digital Currency Group

Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19. San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel,…

Crypto-Friendly Banking App Revolut Obtains EU Banking License

Crypto-friendly fintech startup Revolut has obtained a banking license in Lithuania, technology news outlet TechCrunch reported Dec. 12. As the report states, the startup obtained a license through the Bank of Lithuania and “is leveraging passporting rules to operate in…

Bitcoin Price Near $3,400, Wider Crypto Markets See Another Mild Slump

Thursday, Dec. 13: after seeing a small rebound yesterday, crypto markets are experiencing another mild decline, with 19 out of the top 20 cryptocurrencies by market cap in red. Market visualization from Coin360 Top cryptocurrency Bitcoin (BTC) has not managed…