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How Indian Crypto Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
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How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
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HSBC Bank Credits Blockchain Distributed Ledger Tech for $250 Billion in Transaction Settlements
While financial institutions have been hesitant to get on board with cryptocurrency, blockchain technology has been seeping into this world. HSBC is known as one of the largest banks in the world, and they have recently used the distributed ledger technology (DLT) as a way to setting over $250 billion in transactions, which was announced […] дальше »
2019-1-14 21:32 | |
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HSBC leans on blockchain tech to process $250b worth of fx transactions
Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth $250bn. дальше »
2019-1-14 20:56 | |
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Reserve Bank of India (RBI) Fights Against Crypto, Forces Customers to Reject Digital Assets
The Reserve Bank of India, one of the biggest in India according to report, is forcing customers to reject accepting cryptocurrency or doing any crypto related transactions. New customers are instructed during account opening to sign documents which state they would not deal with any crypto related transactions. дальше »
2019-1-11 14:28 | |
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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy
An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. дальше »
2019-1-11 11:00 | |
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Ripple Products May be the Only Means to Bank Recovery From Recession and Crash
Ripple Inc. has done well in focusing on lifting the banking industry from the impact of the last financial crisis which pushed banks into struggling to keep afloat. Liquidity challenge faced by banks mostly when it comes to interbank transactions is now a thing of the past with Ripple’s decentralized financial tools. дальше »
2019-1-10 21:44 | |
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Is Blockchain Halal? These Startups Are Transforming Islamic Finance
Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance. дальше »
2019-1-3 10:00 | |
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National Bank Of Kuwait To Use RippleNet For Cross-Border Transactions
NBK customers in Kuwait should soon be able to speedily send remittances to NBK customers in nearby Jordan.
дальше »2018-12-29 01:25 | |
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Bank of America Files Patent to Develop Blockchain-Based ATMs for Faster Transactions
The Bank of America (BOA) on December 26, 2018, filed a patent that allows them to develop blockchain based devices to handle cash. These are cash handling devices whose aim is to bring about efficient, faster, and traceable transactions, according to a Finance Magnates report. дальше »
2018-12-28 15:00 | |
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India May Legalize Bitcoin Under “Strong” Rules
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. дальше »
2018-12-28 02:16 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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Ripple’s Blockchain Used as Payment Processor for Turkey’s Akbank and Santander Bank Transfer
Part of Ripple’s appeal is their ability to perform cross-border transactions with such fast processing times. Predominantly, their technology has been used for their own company, but it looks like traditional banks are looking to employ it as well. дальше »
2018-12-16 19:12 | |
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Spain’s BBVA Bank Leverages Blockchain To Finalize A $150 Million EUR Loan With Porsche Holding
Major Spanish Bank BBVA Uses The Blockchain To Close $150 Million EUR Loan With Porsche Holding Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain, has recently closed a $150 million USD loan deal with Porsche Holding, the largest car distributor in Europe and used the blockchain technology to secure the transactions. This […] дальше »
2018-12-14 20:40 | |
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TRD COIN ICO
INTRODUCTION We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features. дальше »
2018-12-11 09:03 | |
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South Korean bank wants to use blockchain to reduce human error
South Korea’s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions. дальше »
2018-12-10 14:38 | |
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Ex-Chinese Banking Pundit Says Many People Use BTC For Anonymous Transactions
The Chinese government’s involvement in crypto has not been friendly. The authorities there have taken various measures to end crypto. In a recent interview, the former governor of the Chinese central bank spoke about BTC and its influence on bilateral dynamics between US- and China. дальше »
2018-12-8 08:17 | |
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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions
Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. дальше »
2018-12-7 20:30 | |
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Singapore, UK And Canada’s Joint Report Reveals Central Bank Digital Currency (CBDC) Payment Benefits
According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […] дальше »
2018-12-4 11:48 | |
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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
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Crypto Beginners Guide: 5 Simple Questions Answered
Cryptocurrency has been around since 2009, when bitcoin was launched by a pseudonymous programmer called Satoshi Nakamoto. Nakamoto’s big innovation was developed with the intention of verifying secure financial transactions outside the authority of a centralized bank. дальше »
2018-11-26 20:36 | |
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Nigerians want Cryptocurrency, And They Want It Now
In 2017, the Central Bank of Nigeria (CBN) placed a ban on traditional banking systems to halt transactions in Bitcoin and other virtual currencies saying that the “Central bank cannot control or regulate Bitcoin”. дальше »
2018-11-17 19:04 | |
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3 Global Central Banks Propose Digital Currencies to Ease Cross Border Transactions
In a November 2018 report by the Bank of Canada, Bank of England and the Monetary Authority of Singapore, emerging technologies and opportunities in the banking industry have been explored including the use of Wholesale Central Bank Digital Currencies. дальше »
2018-11-16 16:05 | |
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Opinion: bitcoin ETF and Bakkt will lead to cryptocurrency market centralization
Jackson Palmer, the creator of Dogecoin, criticized the aspirations of many crypto enthusiasts who are waiting for large institutional organizations to enter the cryptocurrency market. According to him, their appearance will deprive the cryptocurrency world of its main advantage. дальше »
2018-11-14 14:22 | |
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Tether New Banking Partner Deltec is Under Investigation for Receiving Suspicious Transactions
Tether and Deltec Bank & Trust has been together in the media frequently lately for the rumors of a new banking relationship. Only last week, Tether posted on Twitter to confirm the partnership, despite refraining from any type of comment for the weeks preceding it. дальше »
2018-11-7 02:56 | |
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Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank
A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. дальше »
2018-11-1 08:35 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Czech Republic Expobank CZ Opens Cryptocurrency Trading And Investing Services
Expobank, a commercial bank from the Czech Republic is set to introduce cryptocurrency transactions that will combine with conventional financial features in their online services. The bank says its customers will get the opportunity to trade their cryptocurrencies, invest through crowdfunding and even buy precious metals using their accounts. Expobank CZ further touts itself as […] дальше »
2018-10-29 11:21 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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Blockchain Platform Skuchain Brings Smart Contracts to Trade Finance in Canada
Canadian IT giant CGI has announced a pilot program in partnership with the National Bank of Canada and Skuchain, a supply chain financial solution powered by distributed ledger technology. The project will aim to improve and streamline the negotiation of complex conditional agreements used by banks for securing financial transactions. дальше »
2018-10-24 02:00 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Russian Central Bank Reports Cryptocurrency “Fever” Is Waning
Cryptocurrency, Investing–Cryptocurrency has long been under attack for a number common faults found with the industry. Many economists, including Nobel Prize winning academics, focus on the viability of crypto as a source of money as an alternative to traditional fiat. дальше »
2018-10-19 03:34 | |
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Germany’s DZ Bank AG is Exploring Blockchain Use with Ripple’s Interledger Protocol
DZ Bank AG Thinking Of Integrating Ripple Interledger Protocol Blockchain as a technology has been having a major breakthrough in 2018, especially in the banking sector. Some studies point out that with blockchain integration by the banks, will result in greater saving and faster transactions. дальше »
2018-10-16 19:00 | |
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing
Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U. дальше »
2018-10-12 18:06 | |
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Banking Giant Partnered With Ripple Goes Live With SWIFT Global Payments
The leading partner with Ripple, Santander has now teamed up with SWIFT to go live in four countries including, Poland, the UK, Spain and Argentina. The banking giant will be using SWIFT’s Global Payments Innovation GPI technology for cross-border payments. дальше »
2018-10-12 11:30 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
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. дальше »
2018-10-10 23:38 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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India: Crypto Ban Sees First Casualties as ZebPay Closes Doors
ZebPay officially announced that it was forced to stop activity due to legal and regulatory obstacles. ‘Curb on Bank Accounts … Crippled Our Ability’” Indian exchange Zebpay’s announcement came via Medium less than a month after they informed customers they will halt fiat transactions. дальше »
2018-9-29 18:00 | |
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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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Zebpay Locks Down Exchange Services, Is This A Sign Of Things To Come In India
One of the largest cryptocurrency exchanges in India, Zebpay have announced that they have locked down all of their exchange services as a result of a banking freeze established by India’s central bank, the Reserve Bank of India (RBI). дальше »
2018-9-28 13:00 | |
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How Is the Cryptocurrency World Going to Change With Global Regulations?
The 2008 financial meltdown led to the birth of Bitcoin. Since then, the coin has slowly infiltrated the financial mainstream. It has helped develop an alternative international payment system that allows people to make faster, cheaper transactions without the need for a bank. дальше »
2018-9-27 18:49 | |
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