2021-7-21 11:00 |
Cryptocurrency trading platform receives backing by world's largest custody banks
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The Office of the Comptroller of the Currency recently announced that federally chartered banks... The post OCC allows US banks to provide custody services for cryptocurrency appeared first on Coin Journal.
2020-7-24 15:14 | |
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One of the biggest issues that have faced the cryptocurrency industry has been the need for countries to amend their laws to allow the use of these assets. Now, based on new reports from The Block, banks in Germany are in the process of passing a law that would allow them to hold and sell […]
2019-12-2 01:48 | |
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Giant Cryptocurrency Firms Take A Leap, Possibly Establishing Banks? The notion of cryptocurrencies first stemmed in 2013 through the first ever digital currency, Bitcoin. While it took some time to get used to hearing “Bitcoin”, which to this day is somewhat problematic, between the years 2017 and 2018, more consumers have become cryptocurrency investors. With […]
2018-7-19 14:47 | |
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When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations.
2018-7-18 20:30 | |
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IBM has partnered with fintech startup Stronghold to launch a stablecoin pegged to the US Dollar. The cryptocurrency will be tied to government-backed fiat deposited at banks covered by the Federal Deposit Insurance Corp (FDIC).
2018-7-18 15:00 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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The Hong Kong central bank has announced that its official launch next month will include a blockchain-built trade finance platform for logging transactions and credentials, which will therefore be immutable.
2018-7-17 05:00 | |
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G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union.
2018-7-16 18:30 | |
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An ongoing dispute between banks and cryptocurrency exchanges took a new turn. An appeals court has ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.
2018-7-16 09:00 | |
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At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty.
2018-7-16 22:30 | |
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Various banks around the world have shown a tendency to oppose cryptocurrency. Bank of Queensland is doing exactly that, even though its decision makes a lot of sense. Clients were tapping into home equity loans to buy cryptocurrency, which is ill-advised.
2018-7-15 21:00 | |
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Finance In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Japan Confirms Entrance Into the Crypto Space Court of Appeals Ruling The Fourth Chamber of the Court of Appeals of Santiago has
2018-7-15 04:39 | |
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In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.
2018-7-15 03:35 | |
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Cryptocurrency trading is sure moving in the right direction and at a breakneck pace. Despite the decrease in prices of other leading crypto assets of late, the brokerage and exchange giant, Coinbase, recently announced in San Fransisco that it is discussing with regulators and banks over the introduction of five new crypto assets to their […] The post ADA,BAT,XLM,ZEC,0x Surges After Coinbase Announcement of Possible Listing appeared first on ZyCrypto.
2018-7-14 17:41 | |
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San Francisco-based cryptocurrency exchange Coinbase has announced that it is examining the addition of five new coins, according to a blog post published July 13. Additionally, Coinbase said it will negotiate with local banks and regulators to add the assets to as many jurisdictions as possible. In June, Coinbase announced it will support Ethereum Classic
2018-7-14 07:09 | |
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Cardano’s Bitcoin-like Settlement Layer (CSL) mainnet is live and it has a functional wallet for its built-in ADA cryptocurrency. Basic Attention Token (BAT)The Basic Attention Token (BAT) is the internal token of the Brave browser.
2018-7-14 02:04 | |
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Ripple (XRP) had a catastrophic year so far. In late 2017 when Ripple (XRP) became so popular that it passed Ethereum (ETH) in market cap briefly and became a direct Bitcoin (BTC) competitor, Ripple (XRP) fans on most platforms were talking about how Ripple (XRP) could become the top cryptocurrency.
2018-7-13 22:30 | |
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Banks in Slovakia, including the country’s central bank, briefly hosted a giant Bitcoin logo on their exteriors July 11 as part of an unannounced protest by a local action group. Slovak Banks ‘Remain In Darkness’ Photo and video evidence from around the capital Bratislava showed various institutions with a black-and-white ‘bat’ logo depicting Bitcoin and Monero.
2018-7-13 22:00 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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In a bid to offer state-of-the-art, robust, and high-performance connectivity for its institutional clients, on July 11, 2018, Bitfinex announced a strategic alliance with Market Synergy, a highly reputable Swiss-based company whose primary objective is providing security and standard fail-proof connectivity for digital asset firms, banks, brokers and hedge funds alike.
2018-7-13 19:30 | |
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Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has been selected by Bitfinex, the world’s leading cryptocurrency trading platform, to provide robust, high performance connectivity for institutional clients.
2018-7-13 18:12 | |
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A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP.
2018-7-13 08:00 | |
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The regulatory mechanisms in cryptocurrency environment were once again at play in Australia, as the Bank of Queensland banned the use of Housing Equity to fund cryptocurrency investments. The ban was issued over fears of high risks investors would experience due to volatility in conditions of trading.
2018-7-13 00:48 | |
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As Australian authorities continue to push pressure onto the crypto-sphere, The Bank of Queensland, one of the countries biggest retail banks have decided to make a move which will see a change in the maintenance of their loan agreements.
2018-7-12 18:30 | |
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South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017.
2018-7-13 16:19 | |
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A compelling lack of safekeeping services for cryptocurrencies is preventing institutional investors from diversifying their portfolios to include the volatile asset class. Currently, only Coinbase and Kingdom Trust provide custodial services.
2018-7-12 08:00 | |
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Major cryptocurrency exchange Bitfinex have announced a new partnership that promises to bring a new wave of institutional investment into cryptocurrency through the Bitfinex platform. According to Finance Magnates, Bitfinex have announced a partnership with Markey Synergy GmbH.
2018-7-11 16:30 | |
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Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has been selected by Bitfinex, the world’s leading.
2018-7-11 13:01 | |
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Joseph Stiglitz, the former Chief Economist of the World Bank has given a signal to all cryptocurrency enthusiasts that central banks are yet to pass stringent laws on cryptocurrency and that all is not rosy yet.
2018-7-11 08:05 | |
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South Korea’s central bank said the cryptocurrency portfolio of domestic banks remains low at $1.79 billion as at December 2017.
2018-7-10 09:12 | |
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Bitcoin price tumble from estimated price of $20,000 in 2017 to $6,000 in early 2018 has made commercial banks in South Korea holders of more cryptos than the largest cryptocurrency exchange in the country, Bithumb.
2018-7-10 01:15 | |
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It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1.
2018-7-9 10:44 | |
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Financial service providers have shown an increasing interest in cryptocurrency. Multiple banks are mulling the idea of setting up cryptocurrency trading desks. Doing so will take a lot of time and effort.
2018-7-7 21:00 | |
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Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting “Well, if central banks hadn’t created all those dollars,.
2018-7-7 15:00 | |
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The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit. Changpeng Zhao: Binance Has Ten Million Users The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies.
2018-7-7 13:00 | |
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Coinome hailed as India’s ‘safest exchange’, announced recently that they will be launching new trading pairs for XRP. This comes after the Reserve Bank of India asked financial institutions to not conduct transactions with cryptocurrency exchanges.
2018-7-7 04:07 | |
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Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.
2018-7-7 23:19 | |
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Shortly after a successful comeback to Germany with BlockShow Europe 2018, the team gets to work again and announces BlockShow Americas 2018 - the next 2-day show and the very first one to be held in USA.
2018-7-6 14:58 | |
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Today marks the official deadline by which Indian banks have to end any relationship with cryptocurrency exchanges. India’s federal government has had some of the harshest regulatory legislation aimed at cryptocurrencies of any country to date.
2018-7-6 01:52 | |
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The past couple of years have been wild for cryptocurrency. The industry witnessed a rollercoaster ride of gains and sell offs as the price went from under $1000 to nearly $20000 by the end of 2018.
2018-7-5 22:14 | |
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News surfaced of a major collaboration between several European banks and regulators that would use blockchain technology to issue financial warrants. The system, called Fast Track Listing, would allow entities to grant agreements on options to buy their stock, similar to option calls, through recording the contract on a blockchain ledger.
2018-7-5 16:24 | |
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Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money
2018-7-5 14:35 | |
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A few warning signals and conflicted statements later, the RBI finally pulled the plug on cryptocurrency exchanges. On July 06, a near-complete crackdown—at least temporarily—on cryptocurrencies will take hold in India.
2018-7-5 11:50 | |
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Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban.
2018-7-5 00:40 | |
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One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday,
2018-7-5 21:00 | |
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The Bermuda Government, recently, passed a Digital Asset Business Act and an ICO Bill. The Government felt compelled to make changes to their Banking Act because they wanted to create a new class of banks that could work with emerging FinTech, cryptocurrency and blockchain startups.
2018-7-4 17:34 | |
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All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […]
2018-7-4 11:12 | |
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Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […]
2018-7-4 23:57 | |
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