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Right After MasterCard, Bank of America Joins Marco Polo Network
Coinspeaker Right After MasterCard, Bank of America Joins Marco Polo NetworkOne of the largest banking establishments in North America, Bank of America, has joined the international trade finance blockchain consortium, Marco Polo, with the aim of creating an efficient global trading network. дальше »
2019-9-20 11:04 | |
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Bank of America Joins Marco Polo Blockchain Network
According to a press release published on September 19, 2019, U. S. financial institution Bank of America is joining Marco Polo, a network that aims at enhancing international trade affairs thanks to the blockchain technology. дальше »
2019-9-20 23:00 | |
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Indian International Bank Relies on Blockchain to gain Market Traction
During an interview with MoneyControl. com, Akhil Handa, Head of Fintech & Partnerships and Mobile Banking at Bank of Baroda, explains how the bank is keeping up with the time thanks to digital innovations such as blockchain. дальше »
2019-9-12 01:00 | |
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IDC Expects Blockchain Spending To Reach $2.7 Billion This Year, $15.9 Billion By 2023, Led By Banks
It is no secret that the blockchain technology is amazing for banking, right? On its newest piece of research, the International Data Corporation (IDC) agrees with that and proves it with data. According to its research, the world will be spending $2. дальше »
2019-8-16 17:26 | |
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Taiwan Grants Virtual Banking Licenses To Three Companies to Make a Push for Digital Banking
Three companies have recently acquired virtual banking licenses from the government of Taiwan. This the first time that the government does this, as Taiwan is starting to follow other regulators in Asia which are on the move to regulate their markets properly. дальше »
2019-7-31 00:17 | |
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BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
The Bank of International Settlements warns that financial services offered by big techs such as Facebook, Google and Amazon could create new risks for the banking sector
дальше »2019-6-25 10:05 | |
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Big Banks Announce Fiat-Pegged ‘XRP Killer’ Crypto For Settlements
Banking giants in the U. S. , Japan, and across Europe have created a consortium that will use cryptocurrency technology in cross-border transfers. The move also presents a direct competitor for Ripple’s XRP token. дальше »
2019-6-3 19:00 | |
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Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token
The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token. дальше »
2019-6-3 13:22 | |
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XRP News: Will Ripple Customers Move to the New xRapid Payment Option Over xCurrent?
Investors in XRP are thinking carefully about the direct influence on the coin by Ripple. Blur93, a Reddit user, asked why users of the Ripple platform still prefer to use their international payment option xCurrent, as opposed to the more recent cross border option of the xRapid. Marjan Delatinne, the global head of banking at […] дальше »
2019-5-10 01:35 | |
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Prince Lorenzo de’ Medici of Florence launches digital based Medici Bank
CryptoNinjas Prince Lorenzo de’ Medici, descendant of the original banking family, and Ed Boyle, former Fidor Managing Director of Americas, have announced the creation of Medici Bank, a digital bank focused on the needs of today’s international customers. дальше »
2019-5-8 16:20 | |
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Bits of Gold Crypto Asset Exchange Makes European Market Entrance with BTC & ETH Trading Options
Bits of Gold, a cryptocurrency trading platform based in Israel has announced that it plans on entering the European market. The platform will provide a service that enables other international apps to buy and sell Ethereum (ETH) and Bitcoin (BTC), while they rely on the Bits of Gold platform for compliance management, liquidity, and banking […] дальше »
2019-5-6 18:59 | |
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A $50 Billion Banking Giant Launches International Payments with Ripple’s XRP
By CCN. com: At the Financial Sector Conference on April 24, Saudi British Bank (SABB) announced the launch of its Instant Cross-Border Transfer Service, a payments infrastructure based on the Ripple blockchain network that utilizes crypto asset XRP for liquidity. дальше »
2019-4-30 16:02 | |
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Saudi British Bank Launches Ripple-Powered international Transfer Service
Ripple continues to grow as the blockchain technology most used in the international banking system. After revealing that more than 200 financial institutions had adopted its technology solutions, the company adds a fresh partner thanks to the. дальше »
2019-4-28 00:01 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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What Went On At The Odyssey Hackathon?
The Odyssey Hackathon, purportedly the "world's biggest blockchain & AI hackathon," took place in the Dutch city of Groningen last week. The hackathon included 1,500 participants from 29 different countries. дальше »
2019-4-23 20:08 | |
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IMF director: “crypto disruptors are shaking the system,” launches private cryptocurrency “Learning Coin”
International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects. дальше »
2019-4-16 15:00 | |
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IMF's Lagarde Acknowledges That Crypto Is Disrupting Financial Industry
The International Monetary Fund's managing director says digital currency is "shaking the system" and must be strictly regulated and held accountable or the banking sector could become unstable. дальше »
2019-4-13 17:51 | |
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How this fintech company got Russia’s first banking license in 4 years
The Russian Federation doesn’t exactly scream friendliness when it comes to financial innovation, but appears to be making an exception for a company called Bank 131. At a time when Russia is taking away banking licenses, this fintech business is the first to receive a license in four years. дальше »
2019-4-12 02:13 | |
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IMF’s Christine Lagarde says “disruptors” like cryptocurrencies must be monitored to maintain system stability
Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, recently spoke about the involvement of big tech companies in the cryptocurrency space and how this will affect the banking system, in an interview with CNBC at the IMF Spring Meetings in Washington. дальше »
2019-4-11 18:00 | |
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IMF Managing Director Christine Lagarde Thinks Cryptos Are Disrupting Entire Banking Systems
The head of the International Monetary Fund, Christine Lagarde thinks that cryptocurrencies like Bitcoin are disrupting the banking systems. She even added that to maintain stability, both in the crypto-space and the financial ecosystems, digital assets will have to start being monitored. дальше »
2019-4-11 16:12 | |
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Real-World Crypto Payments Coming to South Africa, DoshEX and PundiX Team Up
A South African crypto exchange has partnered with an international blockchain-based payment processing firm. The merger between DoshEx and PundiX will allow early cryptocurrency adopters to spend their holdings in real-world locations in South Africa. дальше »
2019-4-6 00:00 | |
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Santander Announces Huge Upgrade for Its Ripple-Based One Pay FX App
Coinspeaker Santander Announces Huge Upgrade for Its Ripple-Based One Pay FX AppSpanish banking giant Santander is planning a massive expansion of its international payment platform One Pay FX app, which currently operates in 19 countries, including the US. дальше »
2019-4-4 17:17 | |
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Ripple, Not XRP: Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we're doing great. We're using XRP for international payments to 18 EU countries and the USA. дальше »
2019-3-26 11:45 | |
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Agustin Carstens: Banks Should Not Issue Digital Currencies
Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past. дальше »
2019-3-23 02:33 | |
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Avaloq Wealth Management Banking Software Firm Joins the Ethereum Enterprise Alliance (EEA)
Avaloq is among the most significant international software service providers at the moment. The Fintech Company is also a business process service provider (BPaaS) serving many wealth managers and multiple banks. дальше »
2019-3-21 05:51 | |
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Global Banking Standard Setter Admits Bitcoin and Crypto are a Risk to Banks
A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market. дальше »
2019-3-15 11:20 | |
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PAOcard: Legit Blockchain Banking Cryptocurrency Debit Card?
What Is PAOcard? Created by the People Allocate One Card International Group Co. Limited based in Hong Kong, PAOcard is a next generation banking service that combines the traditional currencies with all the major cryptocurrencies. дальше »
2019-3-5 12:57 | |
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A Huge EU Bank Just Ruthlessly Froze People’s Accounts, Sparking Claims of Racism. It Would Never Happen With Bitcoin
Spain’s second-largest bank, BBVA, has aggressively frozen up to 5,000 accounts without warning. Many of the accounts belonged to Chinese clients, leading to cries of racism. The bank, however, claims it was acting on Spanish anti-money laundering rules. дальше »
2019-2-18 16:56 | |
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JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments
Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins. дальше »
2019-2-15 16:59 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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SWIFT Casts Doubt On Blockchain,Throws Shade At Ripple’s XRP Ledger For Banking Transactions
Swift Cast Doubt On Ripple Coin For Banking Transactions The popular financial services magazine American Banker, published recently that SWIFT’s international payment platform (GPI) is likely to push its’ competitors into a corner, which refutes the contrary claims of Ripple’s CEO Brad Garlinghouse. дальше »
2019-2-10 23:51 | |
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Casino Banking in PayPal and Bitcoin – A Comparison
Making deposits and withdrawing payouts has become easier than ever before. Online gamers have a variety of safe and reliable payment options to choose available in a multiple currencies. Players can conveniently handle banking using a number of international and local methods. дальше »
2019-1-31 21:52 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Banco Santander Boasts How XRP and Ripple are Great for Banks, Not for ‘Ordinary’ People
Banco Santander's chairman, Ana Botin recently gave a speech highlighting the performance of Ripple, as well as praising the achievements it has made since inception. Ana delivered the speech during a recent international banking conference held in the city of Madrid. дальше »
2019-1-11 18:46 | |
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Ripple’s CEO words coming true: First banks are starting to use xRapid and XRP for international transfers
In the last days of December a news broke out about Kuwait national bank planning to use Ripple’s xRapid (a solution that uses XRP token for payments) for international transfers. Only couple of hours ago, another Kuwait financial institution is doing the same. дальше »
2019-1-7 04:31 | |
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Bittrex launches USD markets for Bitcoin SV (BSV) and Basic Attention Token (BAT)
At the end of May, a cryptocurrency exchange Bittrex got banking agreement that allows some clients to trade in USA dollars. According to the exchange’s announcements in Twitter account, Bittrex will launch US Dollar (USD) markets for Bitcoin SV (BSV) an Basic Attention Token (BAT) on December 27. дальше »
2018-12-25 14:52 | |
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Bitcoin Is Not A Commodity Says Expert In Financial Law
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. дальше »
2018-12-25 22:29 | |
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Building Trust and Regulatory Clarity in Blockchain and Digital Assets
By Eric van Miltenburg Ripple is an international business by definition. We use blockchain technology and digital assets to remove friction from global payments. From the very beginning, we’ve worked within the existing international banking system, as opposed to around it, engaging with regulators worldwide to ensure success for our customers. дальше »
2018-12-18 23:01 | |
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R3 Announces Global Payment App With XRP as Base Currency
R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based. дальше »
2018-12-6 01:54 | |
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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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EU hates cryptocurrency and likes blockchain – for all the wrong reasons
The European Commission – the executive arm of the European Union – is a supporter of the common “blockchain, not Bitcoin” adage, it seems. At a blockchain roundtable session earlier this week, the Commission announced a new distributed ledger initiative that aims to transform the digital services space. дальше »
2018-11-23 15:04 | |
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TransferWise Currently Not Interested in Blockchain Technology Until More Banks Use Ripple
Although blockchain technology has the potential to transform the international banking and payment network, TransferWise’s co-founder and current chairman, Taavet Hinrikus, remains quite skeptical of the emerging technology. дальше »
2018-11-21 16:59 | |
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