News > FinTech, Blockchain, Financial Services

Ripple Says it's Nearing the Release of its Commercial Crypto Product
Sagar Sarbhai, head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said in an interview with CNBC on Monday that the blockchain startup is expected to release its crypto-based xRapid product "in the next month or so." Ripple's xRapid is a tool that is designed to give banks a much faster way to make cross-border transactions by
The Crypto Hedge Fund Founder Backed By Steve Cohen Looks Ahead
The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling the fintech thought leaders speaking at the event. Our next installment is an interview with Arianna Simpson, founder of Autonomous Partners, a cryptocurrency- and blockchain-focused hedge fund that recently
Blockchain is Changing Insurance Markets Inside and Out
All around the world, and throughout almost every industry, analysts have been puzzling over how the cryptocurrency revolution could eventually come to shape their businesses. That's an important area of investigation, but it also reflects the fact that the wider world may be missing the point. In reality, it is not cryptocurrencies that stand to turn the business world on
Crypto's Plunge is Now Worse Than the Dot-Com Crash
With apologies to Shakespeare: We come here neither to bury cryptocurrencies, nor to praise them, but to just be brutally honest about how things fare right now with our beloved digital coins. Alas, things do not fare well at the moment my friends, countrymen and Romans (if you happen to be Roman). We already mentioned how last week was a
A New York Judge Just Opened the Door For the SEC to Regulate ICOs
A federal judge in New York just gave the Securities and Exchange Commission a potentially big victory, ruling that initial coin offerings can be regulated by U.S. securities laws. U.S. District Judge Raymond Dearie in Brooklyn, New York ruled "that the government can proceed with a case alleging that an initial coin offering is a security for purposes of federal
SEC Rejects Nine Proposals for Bitcoin ETFs
Bitcoin investors were dealt a one-two punch across two different continents over the past week: After the Chinese government announced that it will now ban internet access to more than 100 overseas crypto exchanges in its country, the U.S. Securities and Exchange Commission rejected nine proposed Bitcoin ETFs from ProShares, GraniteShares and Direxion, citing concerns that they could be vulnerable