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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. Crypto Conference.

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Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud

PYMNTS

billion — 91 percent — of those penalties, while European regulators demanded $1.7 FinTechs could face these same financial pains as regulators increasingly demand that they follow the compliance rules to which FIs must adhere. The growing prevalence of cryptocurrencies is also complicating the finance sectors’ security efforts.

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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

PYMNTS

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

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Why Is Qatar Banning Crypto?

PYMNTS

For a country that is striving mightily to go digital when it comes to financial services, it may be a bit curious that Qatar has seemingly put the brakes on cryptocurrencies. The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. As was reported Monday (Jan.

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Genesis Molds Treasury Management For The Crypto World

PYMNTS

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. It marked the first drop in ICO funding in more than a year, according to Bloomberg reports, citing a correlation between ICO funding declines and drops in cryptocurrency values. ICO market.”

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The ‘Peril And Promise’ Of Blockchain

PYMNTS

” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. Earlier this week, the head of the International Monetary Fund (IMF) described this dichotomy as the “peril that comes along with the promise” of cryptocurrencies.

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China Making Privacy Allowances As It Plans Digital Currency Launch

PYMNTS

The blueprint for the proposed digital currency seems to offer Beijing extraordinary supervision over the flow of money, giving regulators economic control that most central banks do not have. “We I think you will see it very soon, in the next maybe two to three months,” Lee told CNBC at the FinTech Festival on Monday (Nov 11).

Bitcoin 101