Tag Archives: digital assets


Can Negative Perceptions Curtail the Potential of Cryptocurrencies?

  By David Drake   At the beginning of this year, cryptocurrencies received a huge bashing from world leaders during the World Economic Forum (WEF). Blockchain, on the other hand, was praised for its ability to revolutionize different sectors. Nearly two months after global leaders reflected on digital assets, it is emerging that Europe is ready to hit it off […]

Why Cryptocurrency Growth Could Slow Down in the Foreseeable Future

  By David Drake   As with any potentially revolutionary technology, cryptocurrencies have split opinions across board. This was reflected on the world stage during the annual World Economic Forum (WEF) conference held earlier this year in Davos, Switzerland. Critics have held that this asset class is over-valued and lacks the ability to replace fiat currency. During the WEF Conference, […]

How Western Union Could Inspire Mass Crypto Adoption in 2019

  By David Drake   The international money transfer has continuously been a growing industry since it first entered the market in the 19th century. The wire transfers are significantly faster compared to traditional banking methods and are available in most geographical locations around the world, making it possible for customers to send money in hundreds of currencies. With the […]

Western Union Ready to Support Customers’ Crypto Adoption

  By David Drake   For over a hundred years, the global money transfer landscape has radically evolved from localized payments, that were the preserve of banks, to the emergence of numerous money transfer companies. One of the world’s leading money transfer company, Western Union, has managed to keep up with the changing financial landscape. It has established itself as […]

Western Union Ready for Cryptos: How will this Impact Uptake of Digital Assets?

  By David Drake   Western Union, the global money transfer leader says it is ready for digital currencies. The company is not entirely new to cryptocurrencies as it has been testing Ripple, an international technology payment for months. In a recent announcement, the company indicated that it is equipped to incorporate digital currencies, as it views them like any […]

Why Western Union is All Set to Include Cryptos in its Services

  By David Drake   Western Union,  the global funds remittance giant is considering going paperless this year. In an interview with Reuters Plus, Odilon Almeida, Western Union President, said the company has been exploring ways to include cryptocurrencies in its services. The global funds transfer giant has also considered employing blockchain technology in its operations as a way of […]

Fidelity Investments is Bringing Cryptos Closer to Institutional Investors, Here’s How

  By David Drake   2018 has been a tough year for cryptocurrencies. After experiencing a boom that saw bitcoin reach a high of $19000 in December 2017, the cryptocurrency market capitalization has been reduced by billions of dollars this year. But the announcement made by Fidelity Investments last month could give the cryptocurrency market the boost it needs to […]

Will Fidelity’s Digital Asset Services Platform Impact the Cryptocurrency Industry?

  By David Drake   The potential of blockchain and the rising interest in fintech is beginning to capture the attention of Wall Street companies.  Just recently, Fidelity Investments, a world leader and provider of a range of financial services launched a subsidiary company dubbed Fidelity Digital Asset Services to specifically handle cryptocurrency clients. Fidelity Investment is highly experienced in […]

Fidelity Investments Launches a Subsidiary to Offer Institutional Investors Digital Asset Services

  By David Drake   Numerous discussions on the cryptocurrency market have been taking place around the world and digital currency growth has been one of the most talked about topics. Though there is little doubt on how much impact emerging technologies will have on the financial sector, questions still linger on what factors will spur the growth in the […]