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Economy

How technology is reshaping countries and economies

Swiss Bankers Association wants to help blockchain firms do business

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The Swiss Bankers Association (SBA) is seeking ways to bridge the traditional financial sector to new blockchain-related industries, including ways to open bank accounts, says said SBA deputy CEO August Benz.

How Swiss banks seek to link traditional finance to blockchain

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The Swiss Bankers Association (SBA) is seeking ways to bridge the traditional financial sector to new blockchain-related industries, including ways to open bank accounts, says said SBA deputy CEO August Benz.

Digital commerce leader ‘gravely concerned’ over U.S. losing edge in tech, global reserves

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The Chamber of Digital Commerce is "gravely concerned" about how the U.S. Government is addressing technological challenges and opportunities posed by blockchain according to founder and president Perianne Boring. The U.S. could be ceding technological leadership as well as the dollar's reserve currency status to other nations including China if it does not revamp policies toward emerging blockchain innovation.

Will China’s digital currency or Facebook’s Libra challenge Ripple’s cross-border money transfers?

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As China, Singapore, Canada and other countries develop digital currencies in part to facilitate cross-border transactions, Ripple's managing director of South Asia and EMEA Navin Gupta said these currencies would primarily only be used domestically.

After China’s digital currency, Indonesia may blueprint its own in 2020

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As China's digital currency is said to be "progressing smoothly," Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.

Switzerland is a blockchain haven, but government lags behind, says Trust Square CEO

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Although Switzerland's Crypto Valley may seek to become a global blockchain hub, its government is too slow to adopt the technology even as Facebook's Libra incorporates in the country, according to Trust Square cofounder Daniel Gasteiger.

Cross-border transactions key to connecting a fragmented region | Opinion

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Blockchain technology and digital assets have the potential to change the entire finance industry. These blockchain-powered payments networks enable cross-border payments to be hassle-free by having a standard set of technical specifications and standards – reducing confusion and ensuring that all members of the network have access to the same technology, says Ripple's Navin Gupta.

‘China’s developers aren’t most creative,’ but there’s power in numbers to excel

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China's enormous market of 1.4 billion people means there is a large pool of human resources that can drive blockchain development and adoption, especially in the wake of endorsement from President Xi Jinping. Blockshine founder and CEO Layla Dong explains how China's burgeoning market can boost blockchain development.
Hong Kong

Chainlink among top crypto performers in October—Fintech Advisory Services report

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The Fintech Advisory Services monthly report details the main crypto-metrics and indicators for the past month: News, Market Performance, Networks, Mining Activity, Public Sentiment, and Academic Publications. The report also covers the latest “Hot Topics” in the crypto space. This month: Facebook’s Libra, Telegram’s TON, China's CBDC, and quantum computing.

Hong Kong Exchange chief says city is a springboard for tech, blockchain opportunities

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Despite prolonged social and political turmoil a slowing economy and record cash outflows, Hong Kong continues to serve as an important technology and financial hub, says Hong Kong Stock Exchange CEO Charles Li.
bitcoin
Bitcoin (BTC)
$
9,685.69
ethereum
Ethereum (ETH)
$
260.64
ripple
XRP (XRP)
$
0.285075
bitcoin-cash
Bitcoin Cash (BCH)
$
405.68
bitcoin-cash-sv
Bitcoin SV (BSV)
$
308.67
litecoin
Litecoin (LTC)
$
72.64
tether
Tether (USDT)
$
1.00
eos
EOS (EOS)
$
4.37
binancecoin
Binance Coin (BNB)
$
23.10
tezos
Tezos (XTZ)
$
3.05

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