Banking

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Paribus: Next Steps

Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Turkish Arab Financial Forum to be held on March 13, 2023

March 10, 2023 - Dubai, UAE: Crypto Oasis will be participating in the upcoming Turkish Arab Financial Forum to be held on March 13, 2023, at the Grand Hyatt Dubai. The event is being organized by Al-Iktissad Wal-Aamal Group in collaboration with the Ministry of Treasury and Finance of Türkiye and the Republic of Türkiye Investment Office and Unlock Blockchain. The forum aims to bring together high-level participants from Türkiye and the Arab world, including senior government officials, investors, VCs, asset managers, private equity firms, Fintech leaders, finance and investment leaders, investment bankers,

Experience the Future of Investment Banking with Finalis

Finalis Marketplace™enables independent investment banks to source deal flow  in an easy-to-use, real-time technology-enabled platform SAN FRANCISCO and NEW YORK – Jan  4, 2023 – Finalis, a rapidly growing investment-banking-as-a-service platform for dealmakers, recently launched its state-of-the-art platform, Finalis Marketplace™. The platform allows investment bankers, placement agents and M&A advisors to offer, find and promote deal collaboration with other dealmakers in real-time without the risk of revealing their clients’ identity.  Finalis provides a unified white-labeled broker dealer platform that ensures a seamless experience for dealmakers. Sourcing, distributing, and executing deals

Illumishare launches presale of its $SRG token, backed by 24/7 live-streamed gold in Abu-Dhabi

[vc_row][vc_column][vc_column_text] Illumishare has partnered with The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family and is commercially licensed by the Abu-Dhabi authorities [/vc_column_text][vc_images_carousel images="1757475,1757476,1757477" img_size="large"][vc_column_text] Dubai, UAE, November 2022 – Illumishare, a blockchain-based digital asset management ecosystem, announces the official presale of its Abu-Dhabi-licensed $SRG token, which will begin after its unveiling event in Dubai on November 22. The token is backed by 3 uncorrelated assets including gold, stored in a safe room at a bank in Abu-Dhabi and broadcast

Passport of the Future

A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

GenTwo partners with Apex Group’s EDB for global banking and paying agency solutions

PRESS RELEASE Luxembourg and Zurich, November 9, 2022 — European Depositary Bank (“EDB”), the Luxembourg- based provider of banking, paying agency, depositary and custody solutions, and innovative securitization specialist GenTwo, announce their partnership to provide GenTwo with paying agent and banking services for third party investors globally. Zurich-based GenTwo creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. Institutional investors can use GenTwo’s securitization solution to realize their own product and business innovations, to

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

The Crypto Oasis Partners with Plato & Amplifi in the Middle East Region

Key Highlights Crypto Oasis will use Plato / Amplifi to distribute and syndicate content & PR Globally Plato’s AI curates the latest sector intelligence with insights into the people and companies Crypto Oasis has partnered up with Plato/Amplifi to distribute and syndicate content globally and has acquired the rights to the Plato Platform for the Middle East. The partnership will enable Crypto Oasis to connect with the wider community and promote Web3 and blockchain awareness in the Middle East and worldwide. Plato’s extensive exposure will target media outlets all over

ING spins out Pyctor digital assets technology to GMEX Group

Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

The Government Blockchain Association (GBA) is pleased to announce that their Banking & Finance Working Group

The Government Blockchain Association (GBA) is pleased to announce that their Banking & Finance Working Group Leader, Dr. Sindhu Bhaskar, has been elevated to the Board of Directors and Mr. Paul Dowding has been appointed to lead the Banking and Finance Working Group. GBA’s commitment to supporting the banking and financial industry is evident by this move. The Banking and Finance Working Group focuses on connecting, communicating and collaborating with members to develop blockchain solutions for the financial services industry. It will work on standards, education, analysis, and opportunities for