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Japan’s Second Biggest Bank Joins SBI Holdings By Investing In Ripple-Powered MoneyTap
Japan’s second-biggest banking institution has teamed up with SBI Holdings to develop a financial service platform that will be based on blockchain, Japanese based Nikkei reports. Sumitomo Mitsui Banking Corporation (SMBC) is set to deposit money in Japanese financial conglomerate in efforts to enhance the utilization of distributed ledger technology (DLT) within the trade finance […] дальше »
2020-1-31 02:12 | |
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Ripple partner SBI Holdings to collaborate with Japan's SMBC
Sumitomo Mitsui Banking Corporation (SMBC), Japan's second-largest financial institution, has recently partnered with SBI Holdings to build a Blockchain-based financial service platform, according to The post Ripple partner SBI Holdings to collaborate with Japan's SMBC appeared first on AMBCrypto. дальше »
2020-1-31 23:00 | |
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Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency
With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto. дальше »
2020-1-28 09:18 | |
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Blockchain usecase in insurance
Blockchain usecase in insurance: Blockchain is a huge distributed ledger technology that is widely being adopted for implementation in various fields of work. Presently, a lot of applications of blockchain have been identified in the financial and banking industry. дальше »
2020-1-25 10:30 | |
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Beware of Microsoft Windows Malware, Warns Singapore Regulators
The Monetary Authority of Singapore (MAS) has recently issued a warning to financial institutions after 4 high-risk bugs were found in Microsoft’s Windows system. Windows-Based Banking Machines Pose Risks for Attack The Monetary Authority of Singapore (MAS) has warned of critical risks to legacy financial systems after Microsoft announced a patch of 49 bugs found in its Windows 7 system. дальше »
2020-1-21 20:55 | |
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Gamble With Crypto at Bestecasinobonussen.nl
The advancements in the IT industry allowed for banking methods like Bitcoin to thrive in the online casino market, offering online casino goers the possibility to make their deposits in the most convenient way without the risk of exposing any of their financial information to unwanted third parties. дальше »
2020-1-20 13:30 | |
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Telegram To Produce Unredacted Records to SEC In ‘Controversial GRAM Token Sale’
Telegram ordered by Southern New York District Judge, Kevin Castel, to reveal all relevant financial information from its GRAM token sale including all banking records and details by February 26th this year. дальше »
2020-1-14 18:55 | |
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Clavent Coming up with Blockchain 3.0 Conference Focusing on BFSI in Bangalore
Reportedly 60% of blockchain adoption and innovation is happening in the Banking, Financial Services, and Insurance space. The conference will bring together the top innovators and industry experts leThe post Clavent Coming up with Blockchain 3. дальше »
2020-1-14 07:30 | |
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Thailand’s Oldest Bank Launches Mobile Banking with Ripple
Siam Commerical Bank, a 112-year-old financial institution, announced a mobile banking interface that facilitates cross-border transactions at a lower cost. Asia is the world leader in mobile banking with China and Thailand boasting 86 percent and 67 percent mobile penetration respectively. дальше »
2020-1-10 14:00 | |
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HSBC Closes ATMs in Hong Kong, Bitcoin Fixes This
International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis. дальше »
2020-1-7 19:55 | |
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RUON.AI Announces Patents and Successful Upload Of SovereignSky Space Blockchain
Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events. дальше »
2019-12-30 13:30 | |
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China Continues Anti-Crypto Stance With Beijing Warning; Will it Work?
Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory. дальше »
2019-12-27 15:00 | |
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Anti-Bank Sentiment Grows Louder in Hong Kong, Does Bitcoin Stand to Benefit?
Following the recent freezing of around US$9 million of donations to the Hong Kong protest movement, demonstrators have now turned their attention towards financial censorship. With hostility against the banking industry rising, Bitcoin, as a censorship resistant asset, may well stand to benefit. дальше »
2019-12-25 23:00 | |
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A Better Alternative to Banking – Club Swan
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. дальше »
2019-12-18 13:30 | |
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How Crypto is Evolving into a Trustless Banking System With DeFi and Dai
The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast. дальше »
2019-12-14 08:00 | |
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Bitcoin-Friendly Bank SEBA Expands to Nine More Countries
SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019. дальше »
2019-12-12 13:43 | |
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Santander Bond on Ethereum Accrues Its First Quarterly Interest
In September, Spanish banking giant Santander became the first financial entity to manage all aspects of a bond on a public blockchain. The $20M bond on the Ethereum blockchain has now accrued its first quarterly interest. дальше »
2019-12-11 02:05 | |
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Token.io launches new spin-out company focused on digital money solutions
Leading open banking platform provider, Token. io, today announced the formation of M10 Networks, a new spin-out company focused on developing digital money solutions. Token will continue to consolidate its leadership in open banking infrastructure, where its popular market platform enables developers and banks to create innovative and trusted financial experiences through enhanced connectivity to global […] CryptoNinjas: Token. дальше »
2019-12-11 15:02 | |
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Nigeria's Bitcoin interest flies in the face of Central Bank's caution
Conceived as an alternative to traditional financial and banking solutions, cryptocurrencies have come a long way. However, despite mainstream recognition, there remain many, both in governments and mThe post Nigeria's Bitcoin interest flies in the face of Central Bank's caution appeared first on AMBCrypto. дальше »
2019-12-9 18:06 | |
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Swiss Licensed Crypto Bank Expanding Into 9 Markets
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. дальше »
2019-12-1 20:31 | |
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California Based Stock and Crypto Exchange, Robinhood, Has Withdrawn its Application for a Banking Charter in the U.S
This tech startup based in California is among those eyeing to tap into the market share currently dominated by oldies in financial services. However, this may be an uphill task given a tech giant like Facebook is yet to get any regulatory approval to launch the Libra crypto project. California Based Stock and Crypto Exchange, […] дальше »
2019-11-29 21:57 | |
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HSBC Closes Account Used to Support Hong Kong Protesters
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. дальше »
2019-11-22 19:40 | |
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Blockchain Commercialization to Arrive in 2020, Claims HSBC Innovation Lead
The Global Commercial Banking Growth and Innovation Blockchain Lead of British multinational bank HSBC, Joshua Kroeker, has stated that he expects blockchain to be commercialized at an enterprise level in 2020. дальше »
2019-11-22 14:59 | |
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Swell 2019: How DBS Group Transformed Into a 20,000+ Person Startup Company
During a time of increased competition from within the banking sector and fintech startups, DBS Group CEO and Director Piyush Gupta helped to usher in a period of digital transformation—bringing the financial institution to the forefront of global banking leadership. дальше »
2019-11-21 01:35 | |
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Fidelity Digital Assets granted NYDFS charter for bitcoin custody and exchange
Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to Fidelity Digital Asset Services, LLC (FDAS), to operate as a limited liability trust company as part of the state’s rapidly growing virtual currency marketplace. дальше »
2019-11-20 19:56 | |
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China Digs Deeper into Digital Banking with Blockchain Investment Fund Launch
As the price of bitcoin drops back down to $8,300 level for the first time since October 25th, the Chair of the Shenzhen’s HDFH, which stands for the Hande Financial Technology Holdings, has made an announcement at the today’s second China International Import Expo event. What he had to say in his speech is that […] дальше »
2019-11-19 01:54 | |
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Switzerland's SEBA goes live after FINMA approval
SEBA Bank AG, earlier recognized as SEBA Crypto AG, has been operational for just 18 months. However, it has managed to acquire a banking license from the Swiss Financial Market Supervisory Authority The post Switzerland's SEBA goes live after FINMA approval appeared first on AMBCrypto. дальше »
2019-11-12 16:43 | |
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Bitcoin Lacks Monetary Properties and Is ‘Pure Speculation,’ Says Ex-ECB Chief
Like many representatives of the current financial system, the former European Central Bank (ECB) president is not so keen on Bitcoin. Jean-Claude Trichet dismisses cryptocurrency as “pure speculation. дальше »
2019-11-11 04:20 | |
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Swell 2019: How bKash Makes Banking Accessible to 36 Million in Bangladesh
Citizens of Bangladesh face large financial challenges. More than one third of the population lives below the poverty line and too many have little to no access to services at traditional financial institutions. дальше »
2019-11-8 13:48 | |
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190 Indian Banks Raided in Fraud Crackdown — Can Bitcoin Be an Alternative?
India’s Central Bureau of Investigation (CBI) has performed a targeted raid on about 170 of the country’s banking locations in an attempt to crack down on fraud, which is reportedly rife in the banking sector. дальше »
2019-11-7 10:06 | |
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Revolution In The Investment World By ZuCoinChain
The universe of currencies or cash is Evolving. The beginning of computerized and digital innovative systems brought another method for a financial transaction without the need for executing with genuine cash nor the need to consult with the bank. дальше »
2019-11-5 08:08 | |
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Risk Management Framework for Global Banks to Apply for Crypto
The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk of their lending portfolio andRead MoreRead More. дальше »
2019-11-1 12:00 | |
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Knabu Crypto Project and Factom to Trial Blockchain Compliance Automation
A cryptocurrency startup named Knabu, has recently started a new banking pilot using Factom in the United Kingdom. According to reports, Factom is one of the earliest blockchains to be created for enterprises. дальше »
2019-11-1 02:35 | |
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Bitcoin Thrust Into the Spotlight Following Banking Outages in America
Recently, a spate of banking failure and ATM outages have been cropping up across the world. Primarily, these have been in places like India and politically volatile regions like Hong Kong. However, reports out of America are now showing countrywide outages from Bank of America, leading Bitcoin’s lack of centralized financial authority to shine through. дальше »
2019-10-31 00:10 | |
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Ron Paul Slams Traditional Banking, Advocates a Digital Currency Future at Litecoin Summit
At the Annual Litecoin Summit 2019, retired American politician Ron Paul put his weight behind cryptocurrencies saying that the traditional banking system is fake and that digital currency is the money of the future, October 28, 2019. дальше »
2019-10-29 14:07 | |
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Chinese Banks Should Immediately Embrace Blockchain, Says Top Central Bank Official
Less than a week after President Xi Jinping’s iconic speech on blockchain technology, another top official from the Chinese government has openly endorsed decentralized distributed ledgers as the future of banking and financial institutions. дальше »
2019-10-29 11:07 | |
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Cash Runs Dry at ATMs as Protests Escalate in Chile
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs. дальше »
2019-10-27 00:45 | |
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An Original Korean Crypto Exchange And Wallet, Coinplug, Sees Renewed Interest From Major Banks
South Korea’s major local bank invested in the country’s earliest bitcoin exchanges, Coinplug. As per information, Coinplug has raised 7. 5 billion Won from KB Investment, a venture arm of KB Financial Group. дальше »
2019-10-25 19:08 | |
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ING Bank Fixes Security and Privacy Loophole in Corda Blockchain
ING Bank, a Dutch multinational banking and financial services corporation that has been exploring the potential of distributed ledger technology (DLT), has patched the security and privacy loopholes present in R3’s Corda blockchain platform by applying zero-knowledge proofs (ZKPs) to Corda’s notary service, according to reports on October 23, 2019. дальше »
2019-10-24 09:30 | |
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Bitcoin’s Edge Over Fiat Underscored by Lebanon’s Empty ATMs
Lingering political unrest rendered millions of Lebanese nationals unable to access their own money deposited with banks for the seventh consecutive day on Wednesday, highlighting once again how Bitcoin can serve as an alternative financial system. дальше »
2019-10-24 07:24 | |
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Bitcoin Potential Highlighted by Six Days of Lebanese Bank Closures
Banks in Lebanon have remained closed for the sixth consecutive day today. The restriction of access to banking facilities serves as yet another reminder of the power financial institutions can wield over a population and the importance of Bitcoin as a potential check to that power. дальше »
2019-10-22 21:51 | |
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Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this practice. дальше »
2019-10-23 19:30 | |
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SEC, CFTC and FinCEN Release Joint Statement for Crypto Regulation
Coinspeaker SEC, CFTC and FinCEN Release Joint Statement for Crypto RegulationThree major financial regulators released a statement specifically to the crypto sector, explaining that all financial institutions must follow laid down banking laws. дальше »
2019-10-14 13:45 | |
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ING says bank-owned digital currencies are coming — and we’re all doomed
Whether you like it or not, central bank digital currencies are coming. We just don’t know when exactly. According to Dutch bank ING’s financial and banking experts, a “fully-fledged central bank digital currency is coming. дальше »
2019-10-14 12:54 | |
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Chief of SEC, FinCEN and CFTC issue warning for digital asset operators
The heads of top US financial regulators issued a joint statement warning digital asset business operators to abide by the banking laws of the United States. The statement was signed by the leaders of the U. дальше »
2019-10-12 16:30 | |
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SEC, CFTC, FinCEN Issue Warning to Crypto Industry to Adhere to Banking Laws
The heads of three US financial regulators have issued a warning to the crypto asset industry to adhere to relevant banking laws. In a joint statement released on October 11, signed by Commodity Futures Trading... дальше »
2019-10-12 11:15 | |
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