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Fintech

Fintech is a recently developed term that emerged as a result of multiple scientific advancements in the commercial transactions sphere. As a term, fintech simultaneously covers a market that provides sophisticated technological products in the domain of financial operations and a field of study that seeks to improve the economic environment. Blockchain technologies are some of the most notable results of the fintech world and were significant movers behind the rapid growth of its popularity.

A U.S. law firm has filed a class action lawsuit against Ripple, calling XRP an unregistered security.

Class Action Lawsuit Against Ripple Alleges Sale Of Unregistered Securities

Molly Jane Zuckerman

2018-05-04T20:17:00+01:00

38312

Venezuelan president Nicolás Maduro has announced the creation of a Petro-fuelled crypto bank to support initiatives from Venezuelan youth.

Venezuelan President Announces Petro-Fuelled Crypto Bank For Youth Initiatives

Molly Jane Zuckerman

2018-05-04T19:25:00+01:00

20970

A partner at Blockchain Capital told CNBC that other banks will follow Goldman Sachs’ example of a opening a crypto trading desk, so as not to fall behind.

A Crypto Company Could ‘Overtake’ Wall Street’s Biggest Banks, Says Blockchain VC

Molly Jane Zuckerman

2018-05-04T17:44:00+01:00

34450

JP Morgan Chase & Co has filed a patent for a P2P network that would use a blockchain to process payments between banks in real-time.

JP Morgan Files Patent For Blockchain-Powered P2P Payments Between Banks

2018-05-04T16:04:00+01:00

27617

The pro-BTC movement that threatened a lawsuit against Bitcoin.com for its alleged dis-information practices has now cancelled the initiative, citing lack of fu...

Bitcoin Cash Opposers Scrap Lawsuit Against Bitcoin.com, Citing Lack Of Cash

2018-05-04T12:15:00+01:00

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Mastercard says a decrease in customers purchasing cryptocurrencies resulted in a slight drop in growth in the first quarter of this year.

Mastercard Says Fewer Crypto Purchases Led To Drop in First Quarter Growth

2018-05-04T05:12:00+01:00

31978

Economist Nouriel Roubini, better known as “Dr. Doom,” sharply criticized cryptocurrencies and decentralization in general at a panel yesterday.

‘Dr. Doom’ Slams Cryptocurrencies, Says ‘Talk Of Decentralization Is Bulls**t’

2018-05-04T00:45:00+01:00

33622

Arizona’s bill to allow citizens to pay tax with cryptocurrency passed the House of Representatives, but with a nearly complete overhaul.

US: Arizona’s Cryptocurrency Tax Bill Sees Rollback On Crypto Acceptance

2018-05-04T00:37:00+01:00

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