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According to a study released by the Federal Reserve Bank of St. Louis entitled “A Lost Generation”, millennials will never be able to recover from the Great Recession and the 2008 financial crisis. The Fed stated that families headed by someone born in the 1980s have net worths that are 34 percent lower than expected. The report read: We found … Read more
Europe has played host to many blockchain events, most notably BlockShow. Its biggest event yet, BlockShow Europe 2018, is right around the corner and making its way to Berlin. As the team prepared for the main conference on May 28 and 29, the road trip around Europe inspired them to dive a bit deeper into the European blockchain space to … Read more
German Commerzbank and Thyssenkrupp have completed a blockchain pilot transaction of a forex forward worth €500,000 Go to Source Powered by WPeMatico
Circle is going after fresh entrants to the cryptocurrency trading market with a new tool that allows them to invest in multiple coins as once. This feature is different than an index fund in a few crucial ways, perhaps most importantly being available to everyday investors not just the rich and trading professionals. Also Read: Economics … Read more
The United States Commodity Futures Trading Commission (CFTC) has issued an advisory for exchanges and clearinghouses providing guidance pertaining to the assessment and listing of cryptocurrency derivatives. Also Read: Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics CFTC Issues Advisory Regarding Cryptocurrency Derivatives The CFTC’s Division of Market Oversight (DMO) and Division of Clearing … Read more
Banks continue to flex their muscles and engage in fintech innovation, opening themselves up in a way previously never thought possible. They were once staunchly resistant to outside intervention, but a recent report from ACI Worldwide and Ovum has revealed that this trend is changing. Almost 90 percent of banks are forging a path toward open banking and … Read more
German financial supervisor BaFin visited Georgian financial authorities to share experience of crypto regulation Go to Source Powered by WPeMatico
LMAX Exchange Group, which operates a UK Financial Conduct Authority (FCA) regulated FX trading venue, has announced today a physical cryptocurrency exchange dedicated to serving only institutional clients. The company says it developed LMAX Digital at the request of its existing clients who asked for a credible, efficient and trusted platform to trade with like-minded … Read more
A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 421 Fake Cryptocurrencies The National Committee … Read more
Microsoft Corp. announced earlier this week that its native search engine, Bing, will ban all cryptocurrency-related ads by July of this year. The announcement was made in an official blog post in which the company’s Advertiser Policy Manager, Melissa Alsoszatai-Petheo, made it known to users that in the spirit of “constant work-policy evaluation” and in order to … Read more
