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European Commission is launching blockchain association next year, major banks are already on board
The European Commission is launching a new blockchain association next year and major banks are invited to join it. BBVA, Spanish banking giant, announced that it and four other banks have joined the EC’s planned International Association for Trusted Blockchain Applications (IATBA), which could be a legal entity as early as first quarter of 2019. […] дальше »
2018-11-24 19:43 | |
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European Commission Launches New Blockchain Association, Major Banks Already on Board
CoinSpeaker European Commission Launches New Blockchain Association, Major Banks Already on Board Neither the European Union doesn’t want to miss the blockchain train. For this purpose, the EC convened representatives from public institutions and the private sector in a conference entitled ‘Uniting EU Industries to lead blockchain technologies. дальше »
2018-11-23 14:51 | |
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Top European Banks Partake In New EU Commission Blockchain App Association
Major European Banks Sign Up For A New European Union Commission Blockchain App Association Despite what anyone may say about the price of Bitcoin in the market, the crypto market is, when you look at it from a general perspective, still booming because of the developments of the blockchain technology and the creation of frameworks […] дальше »
2018-11-23 08:00 | |
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Asia’s CIMB Group Joins RippleNet To Enhance Cross Border Payments in the ASEAN Region
The CIMB Group, which is headquartered in Kuala Lumpur and one of the largest banks in ASEAN (Association of Southeast Asian Nations), has partnered with Ripple to enhance instant cross-border payments across CIMB’s markets. дальше »
2018-11-15 13:43 | |
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Cryptocurrency is Illegal in India, Confirms NASSCOM President
The president of the National Association of Software and Services Companies (NASSCOM) Debjani Ghosh has publicly announced to Indian citizens that cryptocurrency is illegal, reports local news outlet The Hindu. дальше »
2018-10-29 02:21 | |
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Italian Banking Association (IBA)’s ABI Lab’s Blockchain Interbank Job Continues to Next Stage
The ABI Italian Job Proceeds to the Next Level The ABI Lab Italian job has now proceeded to the next phase. The project, which is currently being headed by IBA (Italian Banking Association) has brought together a total of fourteen banks. дальше »
2018-10-2 20:57 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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A Boost to Crypto Companies as Switzerland Introduces Guidelines to Deepen Access to Banking System
Switzerland is home to over 500 blockchain and cryptocurrency startups. However, due to the restricted access to the banking sector, many projects have been moved to other countries. This is the problem that Switzerland, through the Swiss Bankers Association (SBA), is trying to solve by issuing guidelines to banks dealing with cryptocurrency startups. дальше »
2018-9-25 21:00 | |
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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus
The Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies. They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses. дальше »
2018-9-24 22:25 | |
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Switzerland Fights to Keep its Crypto Companies
More than 500 blockchain and cryptocurrency startups have found a home in Switzerland. The country hopes to become the ultimate blockchain capital of the world. The country has introduced a new plan to strengthen the previously edgy relationship between cryptocurrency startups and Swiss banks. дальше »
2018-9-23 23:00 | |
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Switzerland wants banks and cryptocurrencies to play nice
Switzerland is offering a leg up to fledgling blockchain businesses in an attempt to affirms itself as a global cryptocurrency hub. The European banking haven is facing an exodus of blockchain startups due to uncharacteristically tough banking conditions, Reuters reports. дальше »
2018-9-21 18:35 | |
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Brazil Investigates Major Banks For Restricting Cryptocurrency Brokers
A watchdog agency is looking into six banks after the Brazilian Association for Cryptocurrency and Blockchain filed a complaint.
дальше »2018-9-19 20:20 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
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. дальше »
2018-8-23 23:03 | |
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Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC
The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […] дальше »
2018-7-24 00:31 | |
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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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Swiss Regulators Hire Banks to Retain Crypotcurrency Ventures
Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks. дальше »
2018-7-21 13:10 | |
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Swiss Regulators Engage Banks to Prevent Exodus of Cryptocurrency Ventures
Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks. дальше »
2018-7-21 11:00 | |
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WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
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 […] дальше »
2018-7-4 11:12 | |
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Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction
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 […] дальше »
2018-7-4 23:57 | |
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Poland Bitcoin Community Files Complaint Against Bank Account ‘Denials’
Poland’s cryptocurrency industry lobby group the Polish Bitcoin Association (PBA) confirmed it has complained to regulators about banks’ denial of services to businesses June 27. Banks ‘Aim To Remove Virtual Currency’ In a statement sent to the Office of Competition and Consumer Protection (OCCP), the PBA cites financial institutions closing and denying bank accounts as proof they “clearly aim at removing virtual currency entities from the market. дальше »
2018-6-30 07:00 | |
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Banks’ Crypto Account Refusals Lead to Polish Bitcoin Association Challenge
An industry group in Poland is attempting to challenge banks that are allegedly refusing to provide services for firms associated with cryptocurrencies. The Polish Bitcoin Association (PBS) has appealed to the Office of Competition and Consumer Protection (OCCP), requesting that the antitrust authority start investigating the alleged restriction of competition. It filed a letter with дальше »
2018-6-29 21:00 | |
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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. дальше »
2018-6-28 18:00 | |
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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. дальше »
2018-6-28 12:29 | |
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Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. дальше »
2018-6-19 11:00 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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