Category: News Portal

South Korea’s Financial Services Commission (FSC) made a press conference on January 18, 2021 where it unveiled its blueprint for 2021.According to the regulatory body, the key area to focus is to promote financial innovation through the advancement of open banking development and adoption.

A paper by the EU Blockchain Observatory and Forum says that, Estonia, Switzerland, Cyprus and Malta have the most advanced blockchain ecosystems in Europe. These countries could boost of having well-developed startup scenes and high friendly regulatory system.

Visa has announced its partnership with First Boulevard -a digital native Neobank, focusing on creating business opportunity for the black community. This is the first API project of its new suite of crypto APIs and this will help customers to purchase, trade and be in custody of their digital assets.

that NFT industry grew by 299% in 2020, with total transactions worth more than $250m. According to the report, the active wallets transacting NFT grew by 97% from 112,731 in 2019 to 222,179 in 2020.

On January 18, 2021, a well-known Consultancy firm-KPMG, during a conference tagged,” 2020 KPMG China 50 Leading Fintech List and Report Conference” released its yearly selection of China top 50 FinTech companies. This year’s event featured 100 companies to showcase the sector’s fast-changing landscape and growth.

Algorand and Instimatch are in a forefront to integrate all financial services into a blockchain.An award winning Instimatch Global is taking a bold step to revamp the money market operations .

Hong Kong could be leading in the effort to ease China’s financial integration with the other nations of the world amid the trade and technology war going on between Washington and Beijing.

Bahrain-based crypto exchange - CoinMENA, got an operational license from the country’s central bank ahead of its launch in countries like Saudi Arabia, UAE and host of others.

European real estate giant, Vonovia has issued a €20 million digital bond on the Stellar blockchain via its partner- firstwire (a web-based marketplace).

iSTOX - a digital securities start-up (that wants to make private equity investment more accessible) has garnered a sum of US$50 million in funding from two Japanese based investors.