Switzerland’s Crossroads: Industry Leading Associations Sound Alarm on Losing...
With the US, Asia and MENA accelerating, Switzerland must balance stability and innovation or risk fading in the global fintech race. Last week crypto and Web3’s most influential figures gathered at the CV Summit in Zurich, Switzerland. At the summit, known as Switzerland’s most reputable fintech event, a variety of important topics were addressed, but […]
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Crypto crime in Hong Kong has soared to its highest level ever. In the first half of this year, almost 500 crypto crimes were recorded in the former British colony, with one user losing out to the tune of $16 million. Total losses for the 496 cases came in at HKD$214 million ($27.5 million), making […]
The Chamber of Digital Commerce (CDC) has launched the Global Blockchain Forum (GBF), a partnering of the leading trade associations for the blockchain and digital asset industries. The goal is to create industry best practices and international regulatory interoperability. Founding members include CDC, the United Kingdom Digital Currency Association, the Association of Crypto-Currency Enterprises and Startups, Singapore (ACCESS) and the Australian Digital Currency Commerce Association (ADCCA). The CDC website includes a global map dividing the regions of the globe into four sectors:....
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Fintech should not be ignored, and various subsectors of this industry are making waves. The fintech industry finds itself at a crossroads right now. Despite the number of financial institutions willing to work with startups increasing every quarter, there is still a large battle ahead. Shaking up the financial industry is a delicate balancing act. Although collaboration is the buzzword right now, the battle lines between banks and fintech startups have not faded by any means. Banks collaborating with fintech incumbents is a positive trend. Entrepreneurs can use all the guidance they can....
Three associations outlined four issues related to crypto investment, beginning with a call for their members to understand the nature of digital currencies. The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies.According to a report by Shanghai Securities News on Tuesday, the aforementioned trade association under the People’s Bank of China issued a communique titled “Preventing the risk of virtual currency transaction....