Finance

Mar 03, 2020 at 13:31
Wilshire Phoenix Speaks out on SEC Turning Down their Bitcoin ETF Application
The SEC recently responded to Wilshire Phoenix’s Application for the approval of a proposed rule change to launch a Bitcoin ETF. SEC rejected the citing insufficiently weak strategies for combating major common  financial crimes such as Market manipulation and Money laundering.
Mar 03, 2020 at 12:49
British Financial Regulator Freezing $128m for Dealing with Onecoin Pyramid
A British digital payment platform halted operations after the Financial Conduct Authority (FCA) suspended its license, which cost its clients over $128 million.
Mar 03, 2020 at 11:48
Bitcoin and Ethereum Recover After Entering Oversold Territory
On March 2nd, the technical indicators of Ethereum showed oversold over the weekend and recovering. The Relative Strength Index (RSI), a technical indicator of Ethereum, entered the oversold (O/S) segment and then escaped the segment on the 2nd.
Feb 29, 2020 at 08:16
SEC Rejects Wilshire Phoenix’s Attempt to Launch a Bitcoin ETF
The US SEC has finally revealed it’s long awaited position on the bid filed by Wilshire Phoenix for a Bitcoin ETF. Wilshire Phoenix filed its application for a Bitcoin Exchange Traded Fund in mid 2019, but SEC only responded to it recently. The financial regulator cited fraud concerns as the major reason for rejecting the ETF application.
Feb 28, 2020 at 16:14
Dutch Airlines Explore Blockchain Technology for Managing Finances
KLM Royal Dutch Airlines announced they will apply blockchain to managing accounting and finance both within the company itself and with its subsidiaries. It seems they have followed the lead of other airlines that are actively exploring this innovation.
Feb 27, 2020 at 11:59
Bitcoin Enters Oversold Region, BTC/USD Below $9,000 Price Level
Today, the world’s leading cryptocurrency, Bitcoin, has entered the oversold region. In the last 24 hours, the digital asset in question – Bitcoin - has managed to plunge more than 5%, reaching a low of round $8,500 price level. Also, the money flow index (MFI) was 19.2 and the relative strength index (RSI) was 27.7, as of 00:00 UTC on Feb 27th.
Feb 25, 2020 at 09:45
The Role of Blockchain in Creating Unique Digital Assets
Blockchain technology is a solution to create unique digital assets (UDAs). To understand the opportunities of blockchain it is important to consider the uniqueness of digital products. But let's start with a common example.
Feb 23, 2020 at 09:27
European Commission to Decide the Status of Libra Crypto in March 2020
Several financial authorities across the globe are finding it hard to make verdicts when it comes to Bitcoin, Libra and other digital currencies: overregulate the industry and risk losing the advantage to most businesses and the economy at large, or fail to act completely and make themselves more defenseless especially to those that intensify.
Feb 22, 2020 at 12:14
Swedish Central Financial Institution Launches Tests of E-Krona Currency
The  central bank of Sweden has entered the world's first test of the issuance of their own central bank digital currency (CBDC). This means that the country has become part of those governments (over 15 countries) trying to issue their own CBDC.
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