Posts Tagged ‘report’

Cryptocurrency Exchanges Binance, Kraken May Be Operating Unlawfully in New York: AG Report

New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released by the Office of the New York State […]

A third of banks expect to hold cryptocurrencies on their balance sheets

The report named Digital Transformation in Financial Services from the law firm DLA Piper is focused upon how blockchain is changing the financial services markets around the world, with the aim of establishing the position of major financial institutions with regards to cryptocurrencies and the use of blockchain in their daily operations. The report picks up […]

2018 Blockchain and Initial Coin Offering Investment Already Exceeds 2017 Total

Recently released reports from two of the world’s largest auditing companies have concluded that investment in blockchain technology is accelerating. The two reports, one from KPMG and the other from PwC, found that blockchain technology had drawn enormous attention from investors in the first half of 2018. The reports also concluded that U.S. blockchain investment […]

Cryptocurrency mining companies in Russia increase by 15% in 2018

The Russian Association of Cryptocurrencies and Blockchain released a report which showed that cryptocurrency activities in Russia have spiked in recent months. According to the report, the number of cryptocurrency mining operators in the country has grown by as much as 15% since the beginning of 2018. The report also showed that in the last […]

US Treasury Dept. Fintech Innovation Report Touches on Crypto, Blockchain

A major new report from the U.S. Treasury Department published July 31 has called for a more agile and conducive regulatory approach to innovations in the fintech sector. The 222-page report indicates a strong impetus on the part of the U.S. government to foster nascent financial technologies and to modernize existing regulatory frameworks in order […]

U.S. Fintech Investment Reaches $14.2 Billion in First Half of 2018, With $5 Billion in Venture Funding: KPMG Report

Fintech investment in the U.S. reached a new high of over $8 billion in Q2, following a strong first quarter. Total investment during the first half of 2018 increased from $12.2 billion across 371 deals during the second half of 2017, and included more than 10 $100 million+ mega rounds, including insurtechs Oscar and Lemonade, […]

European Parliament: Cryptocurrency Could Replace Fiat Currency

An in-depth analysis of the fintech sector by the European Parliament Committee on Economic and Monetary Affairs revealed a highly nuanced EU Parliament position on cryptocurrencies, with the committee stating the possibility for crypto to function as an alternative to fiat currency in a variety of different applications. The EU Parliament highlights distributed ledger technology as […]

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

Business Insider Intelligence, Business Insider’s premium research service, has written the definitive Fintech Ecosystem report that looks at the shifts in the broader environment that fintechs operate in, including funding patterns and regulatory trends; examines the adaptations that some of fintech’s biggest subsegments have had to make to secure a foothold in the financial services […]

Can We Really Trust a White Paper? University of Pennsylvania Law Report

The University of Pennsylvania Law School has released a report titled Coin-Operated Capitalism. The report is focused on the 50 top-grossing ICO’s from the 2017 period and includes academic research into the promises made in their white papers. The research follows the path of looking into how many teams actually delivered on their promises post-ICO. […]

Fintech’s reach is limited to the rich 23% of Indians, says report

Fintech companies have succeeded to cater to only 23 per cent of the elite/affluent section of the Indian economy while a huge portion still remains untapped. The lower and middle income segment, which comprises 47 per cent of the population, remains a potential market, states a study supported by JP Morgan. Fintechs have the opportunity […]