The wholesale banking sector is experiencing a significant transformation with the introduction of artificial intelligence (AI) technologies. Intellect Global’s eMACH.ai Cloud platform represents a notable advancement aimed at enhancing operational efficiency and supporting growth in a complex financial landscape. This innovative platform consolidates various banking functions into a single integrated system, making it easier for […]
Ireland's Urgent Move: Drafting Crypto Regulations Ahead of EU Laws
Ireland is responding swiftly to new European Union standards targeting cryptocurrency regulations, aimed primarily at preventing money laundering and terrorist financing. With the EU’s enhanced rules set to take effect on December 30, the Irish government, led by Finance Minister Jack Chambers, is poised to update the nation’s existing crypto legislation urgently. This proactive approach […]
What Matters Most to World Markets in a Tight US Election Race
As the November 5th date for the US presidential elections approaches, global financial markets are grappling with uncertainties spurred by the competitive race between Democratic Vice President Kamala Harris and former President Donald Trump. Their differing policies could result in pivotal shifts not just within the US economy but also in international trade relations that […]
Alchemy Pay Expands with Samsung Pay, Supporting Global Crypto Payments
Alchemy Pay is making significant strides in its mission to bridge the gap between traditional finance and the burgeoning world of cryptocurrency. The recent announcement of its compatibility with Samsung Pay marks a pivotal development in facilitating global crypto payments, enabling users to link their virtual crypto cards directly with this popular digital wallet. This […]
SWIFT Expands into Digital Currency Space
The landscape of global finance is changing rapidly, notably with the increasing interest in digital currencies and tokenized assets. SWIFT, the global financial messaging service, is set to take significant steps in this direction. In 2024, the organization will begin trials for live transactions involving digital currencies and tokenized assets, reflecting a clear shift toward […]
Securitize's Cross-Chain Upgrade: A Game Changer in Tokenization
On September 20, 2024, Securitize, a prominent tokenization platform backed by BlackRock, announced a significant collaboration with the Wormhole Foundation. This partnership aims to enhance the cross-chain capabilities of tokenized assets, a development that could reshape the landscape of both traditional and decentralised finance. Central to this agreement is the customization of Wormhole’s messaging protocol […]
Peru: Buying Bitcoin Face-to-Face
In recent years, the adoption of Bitcoin in Peru has transitioned from a solely online experience to a more traditional face-to-face approach. This shift reflects a growing trend in leveraging personal interactions to foster trust and accessibility in the cryptocurrency market. One of the most significant developments in this space is the arrival of US-based […]