Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies

2018-7-3 07:13

Bermuda is planning to introduce amendments to the Banking Act in order to provide banking services to local blockchain and fintech companies

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Источник: cointelegraph.com

blockchain banking → Результатов: 50

Qi Blockchain Fastens Ecosystem’s Advancement via Its QIE Wallet & Web3 Banking

Well-performing blockchain platform Qi is hell-bent on pushing to become a leading player in the cryptocurrency space. The blockchain is pleased to unveil the launch of the QIE wallet and its Web3 Banking.

2023-2-7 09:04	Press Release
blockchain banking wallet web3 qie cryptocurrency unveil

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Italy’s Banking Association Moves Forward With Interbank Blockchain Project

Italy’s banking sector joins the country’s growing interest in blockchain technology.

2019-2-14 23:10	World
blockchain banking italy country interest technology joins

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Blockchain in Banking Summit in Zurich: Leading Bankers and Experts to Discuss Topical Trends and Future Evolutions of Blockchain in Banking Sector

CoinSpeaker Blockchain in Banking Summit in Zurich: Leading Bankers and Experts to Discuss Topical Trends and Future Evolutions of Blockchain in Banking Sector Blockchain is a disruptive technology that will fundamentally change the banking industry.

2019-1-22 00:14
blockchain banking trends topical sector discuss evolutions

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Bermuda to build a new class to serve Bermuda and Blackhunshi companies

The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2.

2018-7-3 09:00
bermuda fintech new july finextra blockchain organizations

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Swiss Finance Director Confident That Full Banking Will Extend to Crypto Companies

Switzerland appears to be moving closer to offering traditional banking services to the large numbers of blockchain companies that have set up there. The finance director of Zug, one of the centres of the nation’s blockchain industry, has spoken optimistically about the market’s future regarding banking.

2018-7-3 01:00	Zug
director finance banking companies swiss zug confident

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
report vcs cryptocurrencies cryptocurrency currencies monetary should

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Media: Payment Supplier Qiwi launches Russia’s first ‘Crypto Investment Bank’

Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed “HASH,” local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia’s leading payment service provider Qiwi.

2018-6-30 18:18	Russia
investment qiwi hash kommersant qbt crypto russia

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Indian Exchange Wazirx Launches P2P Crypto Trading

The Reserve Bank of India’s deadline to terminate all banking services for crypto-related entities is set to end on July 6. As the date approaches,WazirX, a cryptocurrency exchange, is getting ready for the possible end of its current crypto trading services model in India and preparing a new one.

2018-6-30 14:14	Cryptocurrency
crypto trading exchange wazirx cryptocurrency indian services

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ABM AMRO Bank Keynote Speaker Says Blockchain Will Overthrow Banking System of Today

According to an executive at the Dutch financial institution ABM AMRO Bank, the banking system that we currently know may be overthrown by blockchain technology. The company is already working with financial institutions that use Hyperledger technology with the intention to offer new financial services and products, including the tokenization of securities. An executive of […]

2018-6-30 23:49	News
financial executive technology abm system bank banking

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solarisBank launches Blockchain Factory to serve cryptocurrency industry

solarisBank, the first banking platform with a full banking license, today announced the launch of the “solarisBank Blockchain Factory”. With this move, the Berlin-based technology company is extending.

2018-6-29 20:30	Latest News
solarisbank factory blockchain banking industry launches serve

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German SolarisBank Launches Blockchain Factory

Germany’s SolarisBank announced today that they will be launching the ‘SolarisBank Blockchain Factory’ to service blockchain and cryptocurrency companies. The Blockchain Factory aims to serve as a bridge between the worlds of banking and blockchain.

2018-6-29 20:04	Cryptocurrency News
blockchain solarisbank factory german banking serve launches

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Немецкий банк открыл двери для европейских блокчейн-компаний

Немецкий банк SolarisBank запустил программу Blockchain Factory для работы с европейскими крипто- и блокчейн- компаниями. Об этом говорится в официальном сообщении банка. We’re truly excited to launch our own @solarisBank Blockchain Factory today to become the #banking partner for the #cryptocurrency and #blockchain industry.

2018-6-29 17:16	Германия
blockchain немецкий solarisbank factory банк industry cryptocurrency

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Swiss Banks’ Practices Towards Blockchain Companies Under Scrutiny by Finance Minister

The Swiss Finance Minister, Federal Councilor Ueli Maurer, has set-up a working group under the leadership of the Swiss Banking Association (SBA) to develop recommendations on how banks should deal with.

2018-6-28 18:00	Politics
swiss under finance minister banks practices scrutiny

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Indian Bank Kotak Mahindra Joins RippleNet, Foreign Remittances Could Be Key to Partnership

The Indian banking sector will get a blockchain boost as one of the most prominent private sector banks, Kotak Mahindra, has now joined the RippleNet. The bank will be working on Ripple’s xCurrent platform to settle cross-border payments.

2018-6-28 15:59	ripple
bank kotak ripplenet mahindra indian sector blockchain

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Swiss Still Bullish on Blockchain – Banks to Ensure Easy Access to Services for Blockchain Companies

Heinz Tannler, the Financial Director of Zug, the crypto valley of Switzerland, has called on the Swiss Bankers Association (SBA) to bring blockchain companies into the traditional banking sector.

2018-6-28 12:29	blockchain
blockchain companies swiss still banking sba bullish

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Malaysian Crypto Company Belfrics Group Resumes Their Digital Currency Exchange in India

Belfrics Group, a Malaysia-based crypto exchange, will resume its operations in India after a six-month hiatus. The company shut down its digital currency exchange earlier this year before the Reserve Bank of India officially announced a ban on banking companies, payment companies, and NBFCs supporting with crypto entities.

2018-6-27 16:35	Cryptocurrency
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Lithuanian blockchain start-up ORCA paying salaries in crypto

Open banking consumer app creating fintech startup ORCA Alliance is paying employees in cryptocurrency. To be exact, ORCA is giving their workers the right but not the obligation to receive... Lithuanian blockchain start-up ORCA paying salaries in crypto

2018-6-27 13:06
orca paying lithuanian start-up crypto blockchain salaries

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Robinhood CEO Explains How the Commission-free Trading App Is Still Lucrative

Robinhood, which is the commission-free trading mobile app for stocks, exchange-traded funds (ETF), options, and, recently, cryptocurrencies, is establishing itself as one of the more successful startups in Silicon Valley.

2018-6-26 21:01	Cryptocurrency
app trading commission-free robinhood successful product explains

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Challenger Bank – Monaize – Brings Blockchain Technology In-House to become a Truly Hybrid FinTech Player.

Some of our readers who were around in the crypto space at the end of 2017 may remember Monaize, an e-banking platform for freelancers and SMEs. Since then they have developed their in-house blockchain technology for their ICO and a crypto wallet for their ICO investors. These are the first steps of the “Banking meets […]

2018-6-26 04:30
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Three Ways Big Banks Can Benefit Big Time From Trading Crypto

It is no secret that big banks have expressed the desire to attack the value and premise of bitcoin and blockchain since being first introduced in 2009. Many have referred to the two as a fraudulent threat to traditional banking systems.

2018-6-24 15:00	Cryptocoins
big banks crypto blockchain three time benefit

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Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

The Prime Minister of Liechtenstein is certain that blockchain will have an impact on a variety of areas — exclusive interview

2018-6-24 14:00	Cryptocurrencies
minister liechtenstein prime interview blockchain exclusive areas

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Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License

According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly.

2018-6-23 14:23	Cryptocurrency
robinhood app license crypto investment banking obtain

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Cryptocurrency-related Businesses Denied Banking Services by Irish Lenders

Cryptocurrency-related services in Ireland are experiencing difficulty operating their businesses as Irish lenders are refusing to work with them. Some companies had to open international bank accounts, while others halted trading altogether.

2018-6-22 23:10	Cryptocurrency
lenders businesses irish services cryptocurrency-related work banking

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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution

Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider.

2018-6-21 14:00	Stellar
philippines swift rcbc overseas who ibm services

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Филиппинский банк собирается тестировать блокчейн для трансграничных переводов

The Rizal Commercial Banking Corporation (RCBC), один из десяти крупнейших банков Филиппин по активам, объявил о предстоящем переводе денежных средств из Японии с использованием технологии блокчейн.

2018-6-21 13:48	Япония
блокчейн трансграничных переводов филиппинский банк тестировать собирается

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Spain: BBVA Bank and Energy Co. Repsol Partner to Develop Blockchain Financial Solutions

Spanish banking giant BBVA and energy company Repsol partner to develop blockchain-based financial solutions for corporate banking

2018-6-21 12:00
partner financial solutions banking repsol develop bbva

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BBVA Partners with Repsol to Leverage Blockchain, the Bank Issues €325M Credit Facility with DLT

Banking giant BBVA announced a deal with energy giant Repsol to leverage blockchain for corporate finance solutions.

2018-6-20 22:37	News
giant bbva leverage blockchain repsol deal announced

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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.

2018-6-20 22:29
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Philippine, Japanese Banks to Roll Out Blockchain Remittance Service

Manila-based lender Rizal Commercial Banking Corporation is partnering with two Japanese banks to provide faster and more cost-effective remittance services by using blockchain.

2018-6-20 12:59	News
blockchain remittance banks japanese faster provide two

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Blockchain Accelerator Opens in Paris With 30 Participants

Europe’s first blockchain accelerator launches in Paris, includes banking execs and an ex-SWIFT CEO

2018-6-21 19:23	France
blockchain paris accelerator execs banking ex-swift ceo

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France Opens ‘First’ Blockchain Accelerator in Europe With 30 Participants

Europe’s first blockchain accelerator launches in Paris, includes banking execs and an ex-SWIFT CEO

2018-6-20 19:23	France
accelerator europe blockchain execs banking ex-swift includes

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Malta Bankers Association Chairman Praises Says Crypto as Blockchain,

Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a “banker’s dream. ” Cassar also claimed that cryptocurrencies are “here to stay,” according to a June 17 interview with local news outlet The Malta Independent.

2018-6-19 16:33	volatility
malta cassar bankers blockchain association interview june

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Spanish Bank Group to Develop Blockchain Platform to Identify Clients

Spanish banking consortium to introduce blockchain registration system for clients by the end of this year

2018-6-19 01:18	Banks
clients spanish blockchain year system end consortium

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Hada DBank Blockchain Project Add Two Key Officials of International Blockchain Capital to its Advisory Board

The Hada Dbank team is poised to give users highest quality blockchain-based Islamic banking services. So far, they have signed strategic deals with quite many credible firms in a bid to make their project hugely successful.

2018-6-19 18:43	pr
blockchain international capital officials hada dbank project

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Demystifying Digital Assets Part 2

SWIFT — the decades old financial messaging service relied on by banks around the world — no longer has the monopoly on global banking it once did. Blockchain has quickly emerged to challenge SWIFT’s dominance on the industry.

2018-6-17 12:50	Insights
swift demystifying digital part assets secure method

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Korean Banks to Use Samsung SDS Blockchain in imitation of Verify Customer IDs beside July

A South Korean commercial banks group will initiate a blockchain-powered customer ID verification platform in July 2018, as per the reports on June 12. Reportedly, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be made use of in both online computer-based and mobile banking. According to the report, development […]

2018-6-15 19:26	News
banks use korean july verification customer federation

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Blockchain to reduce costs for banks

Blockchain technology has the potential to revolutionize transaction banking according to a study by major global management consultancy firm Bain & Company, Cointelegraph auf Deutsch reports today, June 14.

2018-6-15 05:38
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Russian Treasurers Association Joins Masterchain Banking Pilot

The Russian Association of Corporate Treasurers is joining the nation's central bank in trialing the government-run Masterchain blockchain platform.

2018-6-15 01:00	Banking
masterchain association treasurers russian bank trialing blockchain

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Bain Study: if Implemented Right, Blockchain Will Dramatically Reduce Costs for Banks

Blockchain will significantly reduce costs for transaction banking, if implemented correctly, says global management consultancy Bain & Company

2018-6-15 00:33	transactions
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Bank of Canada: Blockchain Not More Effective Than Central Bank System ‘at This Time’

Bank of Canada implies blockchain technology is no magic remedy for banking

2018-6-15 23:47	Banks
bank canada blockchain technology banking implies remedy

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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work

There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.

2018-6-14 22:01	Digital assets
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XRP is Not Being Used By Banks, Ripple Exec Says

Ripple chief cryptographer David Schwartz has said the company’s payment system “is not a distributed ledger,” while revealing doubts from banks about Blockchain. ‘We Haven’t Gotten There Yet’ In comments to Reuters June 13, Schwartz went on record to “concede” the company “hasn’t gotten there yet” regarding banking uptake of its services.

2018-6-14 21:00	ripple
ripple banks company xrp exec being used

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Chinese stocks to Put Credit Boycott on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect

2018-6-14 13:54	transactions
blockchain suning chinese shared credit source sina

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Chinese Banks to Put Credit Blacklist on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

2018-6-14 11:00	Loans
blockchain chinese credit banks allow share users

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Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to their payment solutions and how they work.

2018-6-14 10:00	XRP
growth ripple blockchain banks savings cost attracts

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EU’s European Blockchain Observatory and Forum to Host Blockchain AMA

The European Union (EU) has announced that it will host an online Ask Me Anything (AMA) session on June 18, 2018, at 6 p. m. CEST. The event, organized and hosted by the European Blockchain Observatory and Forum of the EU, will last for 90 minutes and cover blockchain technologies with in-depth explanations, interactive discussions with panelists and public questions answered live.

2018-6-13 20:42	Adoption & community
blockchain observatory european europe financial university digital

885 +

Switzerland Establishes New Trade Organization to Promote Blockchain

A new organization called the Capital Markets and Technology Association (CMTA) has been formed in Switzerland in order to facilitate the use of blockchain technology in financial markets, according to a press release published June 12.

2018-6-13 05:46
markets cmta switzerland technology new organization blockchain

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Report: Banks Are Spending $1.7 Billion Each Year on Blockchain

Adoption of the blockchain within the financial services industry is on an intense upward trajectory, according to the findings of management consulting company Greenwich Associates. They have found that the industry is spending about $1.

2018-6-13 05:00
year billion blockchain each industry spending banks

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Dapps “Could Actually be Revolutionary” Says President of Germany’s Financial Regulator

Felix Hufeld, a Harvard graduate who started his career as a lawyer then switched into banking to end up as president of Germany’s FSA (BaFin), has compared blockchain technology to... The post Dapps “Could Actually be Revolutionary” Says President of Germany’s Financial Regulator appeared first on Trustnodes.

2018-6-12 16:20	#tokens
germany president regulator dapps 8217 financial actually

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UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

Nigeria and UK foundation launch Code Clubs for digital literacy

Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their everyday lives.

Maine state treasurer to focus on handling abandoned cryptocurrency accounts

According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.

Can blockchain solutions disrupt US inflation forecasting?

New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.

Five AI trends to look forward to in 2023 and beyond

From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.

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From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.

How Close Is Governmental And Institutional Cryptocurrency Adoption?

Governmental and institutional cryptocurrency adoption has been a topic of significant debate and speculation in recent years. As we stand in 2023, it’s clear that the landscape is evolving rapidly, but the finish line is still somewhat distant.

2018-7-3 07:13

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