On October 3, 2019, the Liechtenstein “Token and TT Service Provider Act,” nicknamed the Liechtenstein Blockchain Act, unanimously passed through its second reading in Parliament, meaning that come January 1, 2020, Liechtenstein will be the first country in the world with comprehensive regulation of the token economy. Although tokenisation was…
Finance
Banking without Banks
Disruptive digital banks, innovative start-ups and shifting consumer demands have already started to change the banking industry. And while it may not transform dramatically in the next few years, the springboards for some exciting progress are already in place. Fintech is one of the world’s fastest growing industries and with…
Data Driven or Instinct?
With every corner of modern business getting inundated with data, is there any space left for instinct to fit into business strategies? Data and intuition are frequently seen as conflicting concepts, but taking both ideas and numbers into account in policymaking can improve confidence and drive campaign goals. Great leaders…
The Financial World Will Be Completely Reliant on Big Data Within Five Years
Over a third of CFOs see big data as a threat to employment Almost two-thirds (64%) of CFOs expect that within the next five years the financial world will no longer be able to operate without big data, however, 13% of CFOs think this is already the…
Autumn Quarterly Market Overview 2019
While currency, equity and bond markets yo-yo at the mercy of Trade War headlines it is worth recalling the story that in the 1420s China sent a massive fleet all the way to Europe helping to trigger the Renaissance. It did not end well. All evidence of the voyage was…
Facebook’s Libra Likely to Face Global Bank, Anti-Trust Rules
Fitch Ratings does not see stablecoins (cryptocurrencies backed by reserves) such as Facebook’s Libra accepted by global authorities until their backers are regulated akin to large, systemic banks. The global pushback by regulatory and monetary authorities accompanies the recent departures of MasterCard and Visa…