ESMA Highlights Risks of Tokenised Equity Products The European Securities and Markets Authority (ESMA) recently brought attention to the growing trend of tokenised equity products. While these digital assets offer a new way for investors to track share prices, they do not confer actual ownership of the underlying stocks. This distinction raises concerns about potential […]
Opinion: Undoing Kering Property Bets May Dent Foundations
Opinion: Undoing Kering Property Bets May Dent Foundations Kering, the French luxury goods conglomerate, has long been a major player in the world of high-end fashion and accessories. However, recent reports indicate that the company’s foray into the world of property investments may be causing some concern among investors. Yawen Chen, a respected financial analyst, […]
Corporate ETH holdings surpass 10 billion dollars
Corporate ETH Holdings Surpass 10 Billion Dollars In a significant development within the cryptocurrency space, corporate holdings of Ethereum (ETH) have surged past the 10 billion dollar mark. This milestone underscores the growing acceptance and adoption of digital assets by traditional institutions and companies. Leading the charge in ETH acquisitions are Bitmine, Sharplink, and The […]
Luxembourg tightens crypto reporting rules for CASPs
Luxembourg Strengthens Oversight on Crypto Activities for CASPs Luxembourg, a key player in the world of finance, has recently taken significant steps to tighten reporting rules for Crypto Asset Service Providers (CASPs). The new regulations aim to enhance transparency and accountability in the crypto sector, covering a wide range of activities including portfolio management, custody, […]
Coinbase pushes stablecoins as AI payment backbone
Coinbase Pushes Stablecoins as AI Payment Backbone Stablecoins have been making waves in the world of finance, and now, Coinbase is leading the charge in pushing these digital assets as the backbone for AI payments. The convergence of stablecoins and artificial intelligence is set to revolutionize the way transactions are conducted, offering seamless, secure, and […]
Fed urges banks to embrace blockchain innovation
Fed Urges Banks to Adopt Blockchain for Streamlined Operations The Federal Reserve has recently issued a compelling directive to banking institutions: embrace blockchain technology or risk falling behind in the rapidly evolving financial landscape. This call to action comes as no surprise, given the numerous benefits that blockchain offers in terms of efficiency, security, and […]
Crypto executives urged UK to create national stablecoin strategy
Crypto Executives Urge UK to Develop National Stablecoin Strategy In the realm of cryptocurrencies, stability is often a rare commodity. However, stablecoins have emerged as a solution to this volatility, offering a digital asset pegged to a stable reserve asset like the US dollar or gold. Recently, crypto executives have been urging the UK to […]
India pushes for safe AI use in financial sector
India’s Push for Safe AI Use in the Financial Sector As technology continues to revolutionize the financial sector, the use of artificial intelligence (AI) in banking has become increasingly prevalent. In India, where the financial industry is rapidly evolving, there is a growing emphasis on ensuring that AI is used safely and responsibly. To address […]
Google enhances Finance page with AI for real-time data
Google Enhances Finance Page with AI for Real-Time Data Google continues to push the boundaries of innovation by integrating artificial intelligence into its Finance page, offering users interactive tools for in-depth financial insights and real-time market visualizations. This strategic move is set to revolutionize the way users consume financial information, providing them with a more […]
Visa boosts cyber defence support for clients
Visa Enhances Cyber Defense Support for Clients In today’s rapidly evolving digital landscape, cybersecurity has become a critical concern for businesses of all sizes. With the increasing frequency and sophistication of cyber threats, organizations need to prioritize their defense strategies to safeguard their sensitive data and maintain the trust of their customers. Recognizing the importance […]