Blockchain

Digitex CEO removes KYC from the exchange after major hack and brushes of money...

Cryptocurrency exchange Digitex will no longer do know your customer (KYC) checks on its users after personal data of more than 8,000 customers was recently stolen.

Over half of crypto experts believe bitcoin will replace fiat money by 2050

A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.

Huiyin launches $20m bitcoin-dedicated fund

Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)

Red Violet picks up minority stake in Dragonchain

Cogint subsidiary Red Violet Blockchain and Analytical Solutions has acquired a minority stake in Dragonchain.

Aximetria releases new tool AxiCheck to enable people to see how tolerant their banks...

The Swiss crypto service Aximetria has launched a service solution to check bank cards for crypto tolerance, enabling users to see how likely their banks are to block a cryptocurrency transaction.

FCA enables small number of crypto firms to trade after registration deadline

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

Blockchain startup Digital Asset closes $40m Series B round

Digital Asset Management, a blockchain startup founded by former JPMorgan exec Blythe Masters, has closed a $40m Series B round of funding.

Blockchain-based InsurTech Inmediate signs MoU with AIG

Inmediate, a platform which connects consumers, insurers and distributors through smart contracts, has signed a Memorandum of Understanding with American International Group.

Libra could launch as early as January

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.
asset tokenisation

Asset tokenisation to rocket to $16trn business value by 2030

A report by BCG and ADDX has forecasted that asset tokenisation will be a $16.1trn business opportunity by 2030.

News Stories

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix, a comprehensive benefits administration platform.
UK

Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee

The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins...
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.
IBM

IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities

IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.
Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

Paystand acquires Teampay to redefine B2B payments

Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

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