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Bitcoin Daily: Binance Applies For Singapore Crypto License; CFTC Files Charges In Digital Ponzi Scheme

Binance Holdings has applied for an operating license in Singapore under the country’s new payments legislation, which aims to be a comprehensive regulatory agency for digital currencies. Binance o-founder and CEO “CZ” Zhao Changpeng said they applied “pretty fast” and that the local Singaporean authorities they dealt with were known for being fair. The law will […]

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Buffett’s Berkshire Hathaway Buys Stake In Kroger

Berkshire Hathaway’s new investment in Kroger sent shares soaring Friday (Feb. 14), CNN reported. Billionaire investor Warren Buffett is chairman and CEO of Berkshire. Shares of the country’s biggest grocery store chain went up 6 percent on the news of Buffett’s purchase of 19 million shares during the fourth quarter. Berkshire Hathaway is now among the 10 […]

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EU Braces For Coronavirus’ Impact On PMI

China’s coronavirus is having a negative impact on the eurozone’s already-sluggish economy, and no one is confident that the U.S. Fed will leave interest rates alone until the end of the year. In addition, the outbreak of coronavirus brought copper’s rally to an end. Copper — sometimes seen as the bellwether for the global economy […]

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Creating LATAM’s Commerce ‘Digital Value Chain’

Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking. But among the most greenfield markets are those found in Latin America, where mobile devices may have high penetration, but traditional banking services do not. Consider the fact that the World Bank has estimated only […]

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How Cisco Is Building The Smart Cities Of The Future

IoT technology has rapidly expanded beyond in-home devices into cities worldwide. Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years. Municipalities could utilize it for […]

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Cisco On The Future Of Safe And Smart Cities

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. In the February Intelligence of Things Tracker, PYMNTS examines how connecting devices can promote […]

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The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing

Credit unions (CUs) have a bit of asymmetry in their relationships with their customers. On one hand, as PYMNTS data shows, customers very much like their credit unions, and are loyal to them. PYMNTS found that 65 percent of members chose their CUs because they trusted them, 58.4 percent reported being “extremely” satisfied with them and 60.8 percent […]