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Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks
The man behind the new Aussie dollar stablecoin, said the big four banks were not “allowed” to hold the fiat reserves for the cryptocurrency
дальше »2020-3-22 03:00 | |
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Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3. дальше »
2020-2-26 02:45 | |
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Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
The U. S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. дальше »
2019-11-11 22:00 | |
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LocalBitcoins Purchases in Chinese Yuan Currency Reach an All-Time High
Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […] дальше »
2019-11-3 18:36 | |
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Over 8 Million Customers Affected as Major Outage Hits Australia’s Biggest Bank
The Commonwealth Bank, one of the “big four” Australian banks, has suffered a major outage that has left its more than eight million customers affected. Meanwhile, it is urging customers to be vigilant for scams. дальше »
2019-10-17 18:16 | |
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An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out
Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants. дальше »
2019-10-15 19:46 | |
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‘IAMAI vs RBI’ case: RBI’s aims to justify banking ban legally, keeping crypto sentiment aside
The Reserve Bank of India had restricted the banks from processing any cryptocurrency transactions, that caused inconvenience to many crypto holders in the country. Following this ban, many took to the legal route and filed a petition against this ban, which is being heard in the Supreme Court of India. дальше »
2019-9-22 14:00 | |
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CHEAP: A Google Pixel 3 for $499 is a tasty deal… FEED ME
Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! If you ask any tech reviewer about top camera phones out there, almost every one of them will mention Google’s Pixel 3. дальше »
2019-9-3 14:18 | |
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4 New Banks Join Ripple-powered SBI’s MoneyTap: Finally a Bullish XRP Price Sign?
Awa Bank, North Japan Bank, Third Bank, and one other bank joins MoneyTap The tally of banks rises to 29 banks One of the leading banking partners of Ripple, SBI Holdings has added four new banks as the shareholders in MoneyTap, bringing this tally to 29 banks. дальше »
2019-9-1 18:56 | |
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Central bank of China to launch digital currency within months in fight to retain control over monetary policy
The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes. дальше »
2019-8-28 13:10 | |
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China Could be Hatching Plans to Legitimize Bitcoin Again
Bank of China (BoC), one of the four largest government-owned commercial banks in the country has released an infographic aimed at creating awareness about the world’s flagship cryptocurrency, Bitcoin (BTC). дальше »
2019-7-30 09:00 | |
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Major US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibited
We went undercover to try and open accounts at four of the largest U. S. banks, telling them ahead of time that we would use the account to buy and sell Bitcoin on Coinbase. The verdict is in—personal accounts are at risk of being closed, and accounts for cryptocurrency-related businesses are outright prohibited. дальше »
2019-7-24 21:58 | |
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Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using Blockchain
Coinspeaker Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using BlockchainThree of Australia`s giant four banks have partnered with Scentre group and IBM to outstrip the paper-based guarantee technique, designing a blockchain network that will potentially intensify the agreements. дальше »
2019-7-4 16:22 | |
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DekaBank, dwpbank, DZ Bank and Helaba Banks Successfully Test A New Promissory Note Blockchain Platform
The technology is always moving forward, so financial institutions cannot get behind the times. Recently, a group of four banks (DekaBank, DZ Bank, Dwpbank and Helaba) has decided to start a new blockchain-based initiative. дальше »
2019-5-23 01:39 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem
Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server). дальше »
2019-4-12 22:03 | |
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3 Reasons Why Trump is (Unknowingly) Bitcoin’s Biggest Champion
Trump and other world leaders have been named and shamed in the recent Fitch ratings report. Slowing global economic growth coupled with governments’ relentless interventions are eroding central banks’ independence around the world. дальше »
2019-4-10 16:00 | |
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Liberland Announces Partnership with Crowdholding
The world’s newest sovereign state Liberland announced a partnership with Crowdholding, a blockchain-backed platform designed to improve communication and insights between startups and the public. дальше »
2019-4-10 23:00 | |
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Billionaire Tim Draper Slams ‘Paranoid’ Jamie Dimon, Doubles Down $250,000 Bitcoin Price
Cryptocurrency bull Tim Draper has fired a shot at the chairman and CEO of JPMorgan Chase, Jamie Dimon, nearly two months after the big four U. S. bank announced the creation of a digital currency known as JPM Coin. дальше »
2019-4-8 17:45 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing
Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future. дальше »
2019-3-26 08:30 | |
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Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations
The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement. дальше »
2019-2-26 22:02 | |
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Iranian Banks Support New PayMon Cryptocurrency Backed By Gold and Kuknos Blockchain Startup
Four banks based in Iran have united to create a cryptocurrency backed by gold which will be called PayMon. According to the original reports, which were made by the Financial Tribune, the asset was created via a partnership of the Bank Pasargad, Bank Mellat, Parsian Bank and the Bank Melli Iran. This new crypto will […] дальше »
2019-2-6 00:24 | |
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Four Iranian Banks Support Gold-Backed Cryptocurrency
A gold-backed cryptocurrency called PayMon has been released by four banks in the Islamic Republic of Iran
дальше »2019-2-5 18:39 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report
Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.” дальше »
2019-2-5 15:20 | |
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Iran Has Launched a Gold-Backed Cryptocurrency ‘Peyman’ in Effort to Avoid US Sanctions
The Islamic Republic of Iran recently launched a gold-backed crypto coin called the Peyman. It has come about due to cooperation between the Ghoghnoos Company and four banks. These four banks are Bank Pasargad, Persian Bank, Bank Mellat, and Bank Melli. дальше »
2019-2-1 20:08 | |
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Bitfinex Partnered With at Least 6 Different Banks During 2018
22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit […] The post Bitfinex Partnered With at Least 6 Different Banks During 2018 appeared first on Bitcoin News. дальше »
2019-1-29 13:00 | |
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South Korean cryptocurrency exchanges pool data to counter money launderers
Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. дальше »
2019-1-28 20:10 | |
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Ripple’s Cross-Border Payment Platform Partner Earthport Acquired By Credit Card King Visa
Visa Inc is paying $250. 6 million to buy Earthport Plc, a cross-border payment platform for banks and businesses that are also partners of Ripple. The stock deal, in which the Visa unit offered 30 pence for each Earthport share, gives the U. дальше »
2018-12-28 16:53 | |
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GRAFT is Providing an Alternative to Credit Card Networks via Real-time Authorizations and Service Provider Eco-system on a Private Blockchain
A recent paper report from KPMG, one of the Big Four auditing firms, says this about the cryptoassets industry: “Cryptoassets have potential. But for them to realize this potential, institutionalization is needed. дальше »
2018-12-17 20:23 | |
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EU Banks (ING, Commerzbank, Natixis And Rabobank) Complete $100,000 EUR Transaction On R3’s Corda Blockchain
Four Banks Complete Commercial Paper Transaction Of $100,000 EUR On R3’s Corda Blockchain The Corda blockchain, developed by the R3 tech conglomerate, is getting more and more widely used. Now, four European banks (ING, Rabobank, Commerzbank and Natixis) have settled transactions using the platform. дальше »
2018-12-6 22:29 | |
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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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KPMG: Cryptocurrencies (including Bitcoin) are not ready to be real currency
‘Big four’ accounting firm KPMG has just asserted that cryptocurrency assets, like Bitcoin, are simply not ready to be classified as real currencies – and that using Bitcoin as a store of value is a “fool’s errand. дальше »
2018-11-15 13:36 | |
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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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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
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China Are Blocking Bitcoin As The Banks Expand To The Blockchain
According to reports out today, the Bank of Communications, one of the four major state banking groups in China have completed a major transaction on the blockchain, one that has seen the issue of residential mortgage backed securities (RMBSs) on a blockchain network. дальше »
2018-9-27 14:00 | |
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Limited Services In Korean Banks For Crypto Investors
Seven months ago, the government in Korea brought in a new ‘crypto real-name system’ however, there is only up to 50% of accounts that have been converted into real-name ones, even in the top four cryptocurrency exchanges for Korea. дальше »
2018-9-11 13:00 | |
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Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News. дальше »
2018-9-11 10:35 | |
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Coinbase Announces Four New GBP Crypto Trading Pairs
Just a month after Coinbase announced that it would support UK banks on its platform the crypto exchange is now launching GBP trading pairs. The post Coinbase Announces Four New GBP Crypto Trading Pairs appeared first on Ethereum World News. дальше »
2018-9-7 14:32 | |
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World Bank Group and Australlia’s CommBank Issue Blockchain Bond using bond-i
Australia’s Commercial Bank (CommBank) has partnered with the World Bank Group to offer a bond over the blockchain technology. In a statement released on Friday, the bank which is among the top four largest commercial banks in Australia informed the public about the partnership. дальше »
2018-8-10 23:03 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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