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International Cross-Border Payments Marathon Race is Starting to See Ripple Labs Sprint Forward
International cross border payment options are without a doubt one of the most significant uses of digital currencies. Cryptocurrency payments options are a lot more faster than the the traditional payment methods, because third party intermediaries are cut out of the process. дальше »
2019-5-14 02:20 | |
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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies
By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. дальше »
2019-5-2 14:33 | |
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JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’
Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin. дальше »
2019-5-2 14:03 | |
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Nobody Shills Bitcoin Quite Like The International Monetary Fund (IMF)
The International Monetary Fund (IMF) may have accidentally delivered its biggest advertisement for Bitcoin yet as it argues for negative interest rates. Bitcoin Proponents Thank IMF… Again Retweeting a blog post from February this year, the financial organization reiterated its faith in central banks increasing negative interest rates – essentially taxes on using money. дальше »
2019-4-22 21:00 | |
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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks
An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims. дальше »
2019-4-19 23:21 | |
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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency
North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. дальше »
2019-4-15 12:56 | |
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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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Wikileaks Founder Julian Assange Arrested in London, Site’s Bitcoin Donations Spike
Julian Assange, co-founder of Wikileaks and early Bitcoin supporter, was arrested at the Ecuadorian Embassy in London and faces extradition to the U. S. on conspiracy charges. дальше »
2019-4-12 19:27 | |
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‘In Crypto We Trust’: Circle CEO Pumps Blockchain at IMF Meeting
There is little doubt that digital payments tools – including bitcoin and other cryptocurrency projects – are transforming the way consumers make transactions. However, even the best digital technologies will fail if users don’t trust them. дальше »
2019-4-11 01:06 | |
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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program
North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »
2019-4-5 13:00 | |
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Kim Jong-un is Masterminding Crypto Thefts to Fund Nukes: Report
North Korean leader Kim Jong-un is thought to be backing an elaborate scheme entailing the hacking of crypto exchanges. The group alleged to be doing the hacking is called APT 38. It’s considered to be a highly-skilled state-sponsored group of bank hackers that managed to steal $1 billion from banks to fund its nuclear weapons program, according to Wired. дальше »
2019-4-3 16:27 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’
Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions. дальше »
2019-4-1 12:04 | |
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New Android malware targets 32 cryptocurrency apps and 100 international banks
A brand-new generation of Trojan horse malware for Android phones has been revealed, tailored specifically towards stealing fiat and digital assets from customers of top international banks and cryptocurrency exchanges. дальше »
2019-3-28 12:59 | |
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Stellar (XLM) Drops By More Than 4% Despite Recent Positivity Around The Project
For the last couple of weeks, Stellar has been on a positive run. The project has seen its partnership with IBM pan out. As we reported, IBM recently announced its partnership with six international banks to use the Stellar network. дальше »
2019-3-27 21:03 | |
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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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Bank For International Settlements (BIS) Believes Central Banks See Zero Value In CBDCs
Bank For International Settlements (BIS) Believes Central Banks See No Value In CBDCs Agustin Carstens, the general manager of the Bank for International Settlements (BIS) said that banks should be cautious when considering issuing central bank digital currencies (CBDCs). дальше »
2019-3-25 20:23 | |
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Bitcoin Basher Agustin Carstens Rails Against Central Bank Crypto Projects
Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability. дальше »
2019-3-24 22:15 | |
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BIS Chief Doesn’t Want Central Banks To Issue Cryptocurrency
BIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank Digital Currencies at the Central Bank of Ireland’s Annual Whitaker Lecture. дальше »
2019-3-24 18:00 | |
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BIS Bitcoin Basher Warns Central Banks for Undermining Financial Stability by Issuing Digital Tokens
“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements. дальше »
2019-3-23 04:58 | |
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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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BIS Manager: Bank-Issued “Crypto” Will Make for “Unpredictable” Consequences
The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features. дальше »
2019-3-23 00:00 | |
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PrepayWay: International Blockchain Equity Crowdfunding Business?
What Is PrepayWay? PrepayWay is a blockchain-based ecosystem for complex processes. It aims at simplifying and streamlining how companies across various industries collaborate, contract, and transact with each other. дальше »
2019-3-21 11:19 | |
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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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IBM’s Blockchain World Wire Platform Goes Live, Signs Six International Banks to Create Stablecoins
IBM’s Blockchain World Wire Platform has just gone live and is already a success by having signed up six international banks to create and issue stablecoins through their platform, as reported on March 18, 2019. дальше »
2019-3-19 16:00 | |
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Six Banks Plan To Use Stablecoins Under New IBM Payment Network, Based On Stellar Blockchain
Six Banks Plan To Use Stablecoins Under New IBM Payment Network, Based On Stellar Blockchain Major tech giant IBM has been working to expand their dive into blockchain, which appears to now be including a little dip into cryptocurrency. дальше »
2019-3-19 23:03 | |
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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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Basel Committee Warns Banks on Crypto Assets
The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS). дальше »
2019-3-14 12:00 | |
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FBI Nabs OneCoin Ringleader at LAX as Massive Crypto Scam Unravels
On March 6th, the US Federal Bureau of Investigation (FBI) arrested OneCoin ringleader Konstantin Ignatov at Los Angeles International Airport (LAX). The government alleges that he was one of several masterminds behind the multi-billion dollar crypto pyramid scheme. дальше »
2019-3-9 04:30 | |
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Austrac Joins Forces with Australian University to Develop Blockchain Solution for International Funds Transfer
In a bid to make it possible for banks, remitters, and casinos to automate international funds transfer instructions (IFTIs), the Australian Transaction Reports and Analysis Centre (Austrac www. austrac. дальше »
2019-2-26 02:00 | |
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Ripple Supporters Mercury FX, Euro Exim Bank and TransferGo Explain Why XRP Blockchain is Powerful
Ripple's very famous objective is to use cryptocurrencies and blockchain technology (preferably, its own cryptocurrency, XRP, and its own blockchain technology and network) to make the world smaller by eliminating the friction prevalent in international money transfers. дальше »
2019-2-23 20:16 | |
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Is The Future Of Ripple’s XRP Coin In Jeopardy With JP Morgan’s Digital Asset For Financial Transactions?
JP Morgan could damage Ripple’s intention to become the new company that processes international financial transactions between companies and banks. JP Morgan Chase will be issuing its own digital asset called JPM Coin. дальше »
2019-2-15 08:12 | |
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International Monetary Fund’s Lagarde Sees Fintech as a Prevailing Force, Alternative to Banks in the Next Crisis
The World Economic Forum was held this week in Davos, and there were many major players in the traditional finance and cryptocurrency worlds discussed globalization. Christine Lagarde, the managing director of the International Monetary Fund (IMF) hosted one of the panels, and she had plenty to say about the growth of fintech and the need […] дальше »
2019-1-26 20:54 | |
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Davos: IMF’s Lagarde Says Fintech Will Shake The System
International Monetary Fund Head, Christine Lagarde, told the World Economic Forum in Davos, “fintech is going to shake the system. ” She also urged against relying on central banks in the next financial crisis, at the CNBC-hosted panel. дальше »
2019-1-26 02:00 | |
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Crypto Intervention
The action of intervention often has negative connotations, but sometimes intervention can save lives, as any surgeon will probably tell you. The Bank of International Settlements (BIS) has put out a new research paper that explores the economics of intervention into bitcoin’s blockchain. дальше »
2019-1-24 00:30 | |
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BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street
Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies. дальше »
2019-1-22 06:00 | |
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Mercury FX Makes Its Largest Payment Via RippleNet, Illustrates How Ripple’s XRP Saves time and Money for Businesses
Mercury FX is trying to change the way people and businesses make international transactions. Their mission is to beat banks by providing customers with lower “exchange rates and lower transaction fees on all international transactions. дальше »
2019-1-18 23:58 | |
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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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BIS Survey: 70 Percent of Surveyed Banks Are Fidgeting with the Idea of Central Bank Digital Currencies
A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that they are exploring with the idea of CBDCs in some capacity, reports SCMP, on January 8, 2019. дальше »
2019-1-10 18:00 | |
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70% of Central Banks “Are Either Currently Working or Will Soon be Engaged in Work on CBDC.” BIS Report Says
According to a report recently published by the Bank of International Settlements (BIS), central banks in most of its affiliate countries would be highly interested in having a better understanding of blockchain technologies and the possible implications of their adoption. дальше »
2019-1-9 18:50 | |
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Report Claims Central Banks Are Cautious About Issuing Their Own Digital Currencies
The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are planning to do so in the near future, it said. дальше »
2019-1-9 02:10 | |
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BIS Reports 70% of Central Banks Are Studying Cryptocurrencies
A new report published by the Bank of International Settlements (BIS) shows that the majority of central banks are studying central bank digital currencies (CBDC). However, most of them are unlikely to issue any type of digital currency in the near future. дальше »
2019-1-9 00:00 | |
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New Bank For International Settlements (BIS) Report: 70% Of Central Banks Are Studying Cryptocurrencies
Report Shows 70% Of Central Banks Is Performing Research Regarding CBDCs According to a recent report published on January 8 by the Bank for International Settlements (BIS) seventy percent of central banks around the world are analyzing the introduction of Central Bank Digital Currencies (CBDC). However, it seems that just a few of these monetary […] дальше »
2019-1-8 21:14 | |
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Central bank study shows little desire to issue digital currencies
The Bank of International Settlements (BIS) has found that while most countries around the world are keen on creating their own digital coins, most of the work is considered conceptual, with only “a few” intending to use them over the next six years. дальше »
2019-1-8 18:55 | |
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BIS: 70% of Central Banks Involved in CBDC Research, Only Several Have Concrete Plans
A new report from the Bank for International Settlements has found that 70 percent of central banks are conducting research into central bank digital currencies
дальше »2019-1-8 15:44 | |
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