2019-1-4 16:00 |
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
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Voltron, which is already deemed to be the future of trade finance, is poised to disrupt the banking sector
2019-5-8 19:17 | |
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The post How Does Decentralized Finance Redefine Banking? appeared first on Invest In Blockchain.
2019-3-18 13:03 | |
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Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance.
2019-1-3 10:00 | |
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ING Banking Group Expands Blockchain Usability With Its Komgo And Bakkt Initiatives The Dutch banking group ING is moving towards blockchain technology in 2019. ING aims at expanding programs related to trade and commodity finance related to energy, crude oil, soybeans and other metals.
2018-12-28 20:38 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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There is a debate among regulatory agencies and experts in the cryptocurrency world that is related to Bitcoin (BTC) being considered a commodity or not. In general, the virtual currency space lacks the regulatory clarity that many other assets have.
2018-12-26 23:50 | |
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Regulators have “massively” misunderstood cryptocurrencies and urgently need to alter course, an expert in international banking law has said. Tokens shouldn’t be treated as money, nor should Bitcoin (BTC) have futures contracts.
2018-12-25 22:29 | |
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In general large banking institutions and players have remained far from the cryptocurrency market. These institutions tend to believe virtual currencies are a threat to their reputation and business.
2018-12-20 19:29 | |
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It’s been one year now since bitcoin achieved an outstanding all-time high of $20,155 per coin and today it seems we’re testing new lows of $3,122, a total drop of 84. 5%. This massive slide in value may seem unprecedented but in fact, retracements of this magnitude have happened no less than four times in Bitcoin’s short history.
2018-12-18 07:00 | |
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Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.
2018-12-14 17:10 | |
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Cryptocurrency To Gain Massive Adoption In VR, Coinbase CEO Predicts Innovations in cryptocurrency market will in the near future, challenge traditional banking and finance systems, and bring virtual reality to either change or oust the status quo in this area.
2018-12-9 23:32 | |
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On December 6, 2018, Gazprombank, the Russian bank’s Swiss division, is said to have been working with Avaloq and Metaco to implement a cryptoassets service that will allow its customers to deal in cryptocurrencies without the hassle of managing wallets or passwords.
2018-12-8 10:00 | |
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BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm.
2018-12-8 21:38 | |
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BIBF is establishing Blockchain Academy for individuals interested in earning their ‘Certified Blockchain Professional’ qualification or enrolling for other DLT-related courses.
2018-11-29 23:44 | |
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Despite all of the bearish momentum that seems to have gripped the crypto market over the past couple of weeks, it has just come to light that the Bahrain Institute of Banking and Finance (BIBF) is all set to launch the nation’s first “Blockchain Academy”. For those who might not be aware, the BIBF was […]
2018-11-27 18:53 | |
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Finbitex represents a leading financial services provider, delivering a wide range of cryptocurrency investment products in contracts for difference (CFDs). Combining a diversified product list, comprehensive technology, and broad network, the platform aims to bring unique and convenient trading experience.
2018-11-14 16:00 | |
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Thirsty for a piece of the action from the cryptocurrency market, it appears AMD has become the latest graphical processing unit (GPU) manufacturer to target the blockchain sector. AMD just launched a new explainer page for cryptocurrency and blockchain tech.
2018-11-6 19:57 | |
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Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.
2018-11-1 19:06 | |
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Amore Finance is as startup that provides banking solutions for businesses and individuals. The platform is located in the Czech Republic and it has recently made a big move by partnering with Ripple to join its growing network of banks known as RippleNet.
2018-10-30 09:54 | |
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Cryptocurrencies and blockchain technology have created a revolution in the finance and banking sector worldwide. The post Victorieum Token is Making Waves with an Integrated Exchange Platform and Full Services Offshore Banking appeared first on CoinSpeaker.
2018-10-22 19:01 | |
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There is no greater irony than a bank which banned its employees from buying Bitcoin getting nailed for money laundering. Finance industry regulators in Sweden have received a report which alleges that Finland based Nordea Bank could be embroiled in a money laundering scandal.
2018-10-19 07:31 | |
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The Santander Bank chain has recently announced the expansion of its Ripple powered platform, OnePay FX for other European countries. Santander also intends to use Ripple ledger for all its payment settlements for the future.
2018-10-10 17:30 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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The European securities and markets watchdog ESMA has dedicated over 1 million euros to finance the monitoring of developments in the crypto sector. Also in The Daily this Saturday, Wyoming legislators are working on a bill that would facilitate the provision of banking services to crypto and blockchain companies, and according to a new survey, […] The post The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank appeared first on Bitcoin News.
2018-10-7 16:50 | |
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Extauri will be launching its secure token trading platform for cryptocurrency tokens, fiat, and traditional banking products such as stocks and ETFs in the first quarter of 2019. The new platform hopes to close the gap between traditional and crypto finance worlds by combining the advantages of blockchain technology with products offered by the conventional […] The post Extauri to Launch Platform that Bridges the Gap Between Traditional and Crypto Finance appeared first on Coinjournal.
2018-10-6 19:28 | |
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When you think of Spain, you might not necessarily think of cryptocurrency and blockchain straight away, although from a banking perspective, Spain are certainly leading the way for blockchain adoption, with a number of the countries leading banks having a big role in the current merge between the traditional banking world and the blockchain industry.
2018-10-1 15:45 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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Swiss Financial Services Startup Seba Crypto AG, is looking to create a bank that offers cryptocurrency services to corporations while providing traditional banking services to the emerging cryptocurrency and blockchain industry, reported Reuters on September 27, 2018.
2018-9-29 17:00 | |
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Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman.
2018-9-27 22:14 | |
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Although banking and finance are usually slow technology adopters, both have to catch up with technological trends to survive. See what potential AI-powered tools have in the sphere and what obstacles get in the way of their wider adoption.
2018-9-25 14:32 | |
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Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.
2018-9-15 23:00 | |
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Iran’s defiance of the US sanctions and its entry into alternative financial systems is creating inroads for cryptocurrencies. After being sidelined from the Belgium-based global banking and finance system SWIFT, the country is left with few options to handle payments and remittances internationally.
2018-9-6 16:59 | |
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Feniks. Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks. Finance can be used as an international banking system for information transfer and payment execution.
2018-9-4 12:03 | |
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Siemens Financial Services will work together with Standard Chartered and TradeIX to provide blockchain-based solutions for trade finance. The post Siemens Joins Standard Chartered to Further Tout the Potential of Blockchain in Banking appeared first on CoinSpeaker.
2018-8-30 14:16 | |
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Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.
2018-8-29 17:00 | |
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The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
2018-8-28 20:18 | |
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As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.
2018-8-23 23:03 | |
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Many have forewarned corruption as the titans of finance more toward institutionalized cryptocurrency, eyeing every new futures contract as a potential to return to the banking practices Bitcoin was created to rise above.
2018-8-21 22:00 | |
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In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels .
2018-8-13 18:08 | |
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ORCA Alliance, EU-based fintech, has turned on the green light for fundraising of the new digital banking application and is collecting contributions in exchange for an early distribution of ORCA tokens.
2018-8-8 15:30 | |
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Finance Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits.
2018-8-1 20:47 | |
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Lykke has joined the Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology. The Hyperledger project is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.
2018-7-31 13:22 | |
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Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data.
2018-7-31 20:42 | |
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ORCA Alliance, an Open Banking platform for technology-led personal finance pivots and relocates development plans to Tomochain. A technologically-advanced blockchain infrastructure fulfills multiple needs that ORCA can utilize during development.
2018-7-26 17:30 | |
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Today on the other side of conversation we have Natan Avidan, a 28-year old entrepreneur and the CEO of ORCA Alliance who is gathering a group of finance, IT and cryptocurrency specialists and developing an Open Banking application suited for the digital generation.
2018-7-20 16:30 | |
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Bringing cryptocurrencies closer to the global banking and finance system could help in the better adoption of these assets. As per CNBC, a new patent awarded to MasterCard could assist in bridging the gap between these two entirely distinctive systems.
2018-7-18 19:29 | |
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Finance Crypto exchange Binance is working on a project to launch a decentralized bank bridging the crypto industry with conventional banking. Authorities in Valletta have welcomed the initiative that is expected to win support from other crypto investors as well.
2018-7-13 19:58 | |
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Malta-based Founders Bank is to become the first community-owned decentralized blockchain-friendly banking institution in the world’s history. As it has been announced, one of the world’s major cryptocurrency exchanges by traded value Binance will become one of the key investors funding the launch of the first-ever decentralized bank. The future Founders Bank will be hosted
2018-7-13 14:16 | |
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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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ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers
The National Bank of Canada has announced the successful completion of a pilot program in collaboration with IT firm CGI and blockchain startup Skuchain to use blockchain technology in trade finance.
Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.
A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong.