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Former JPMorgan Executive Says Banks Know Cryptocurrencies Will Change the World
Traditional financial institutions have begun to notice how cryptocurrencies are disrupting their market. Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech […] дальше »
2018-7-22 00:13 | |
HSBC is looking at cryptocurrency use cases, a “Cautious” approach
Banks have an on-off relationship with the cryptocurrency world. The fact that Barclay recently tied-up with Coinbase in May proves the potential of banks and cryptocurrency collaborations. On the other hand, HSBC has stated to have a “Cautious” approach to the same as per Forbes. дальше »
2018-7-21 05:25 | |
India’s Supreme Court Upholds RBI Ban, Final Arguments To be Heard in September
Today was the proverbial D-Day for the cryptocurrency industry in India as the Supreme Court was scheduled to hear the case against the Reserve Bank of India (RBI) instituting a ban forbidding all commercial banks in the country from facilitating crypto related transactions. дальше »
2018-7-20 19:39 | |
“Big 4” Auditors Deloitte, EY, KPMG & PwC To Test Blockchain Financial Reporting Platform
“Big Four” Auditors To Test Blockchain Platform For Financial Reporting The biggest four auditing firms of the world, Deloitte, EY, KPMG and PwC, are getting together with 20 banks in Taiwan to trial a new service that will use the blockchain technology to make auditing for public companies and their reports. The main reason why the […] дальше »
2018-7-19 20:47 | |
World's Top Four Auditors Join Taiwan-Led Trial for Blockchain Fiscal Audit System
The world's four largest auditing firms will work with 20 Taiwanese banks to test a blockchain solution for auditing interim financial reports
дальше »2018-7-19 20:18 | |
MasterCard Apply Patent For Bitcoin Transactions
As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’. дальше »
2018-7-19 13:30 | |
Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive
Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. дальше »
2018-7-19 13:00 | |
All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting
The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports. дальше »
2018-7-19 12:30 | |
Goldman Sachs Appoints David Solomon CEO
As one of the largest investment banks in the world, Goldman Sachs’ stance toward cryptocurrencies is an indicator of Wall Street’s attitude. Goldman recently confirmed the appointment of David Solomon as CEO. Will he be more receptive to crypto? дальше »
2018-7-18 02:00 | |
Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U. дальше »
2018-7-18 22:00 | |
‘Banks are in Fear of being Disrupted by New Technology,’ Says Ripple’s new CTO
The Ripple company recently promoted David Schwartz from being the company’s Chief Cryptographer to the firms Chief Technology Officer. Mr. Schwartz replaces Stefan Thomas who now currently runs Coil and the Codius smart contract platform. дальше »
2018-7-16 19:43 | |
G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System
At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. дальше »
2018-7-16 22:30 | |
Bank of Queensland Customers Can No Longer Buy Bitcoin With Home Equity Loans
Various banks around the world have shown a tendency to oppose cryptocurrency. Bank of Queensland is doing exactly that, even though its decision makes a lot of sense. Clients were tapping into home equity loans to buy cryptocurrency, which is ill-advised. дальше »
2018-7-15 21:00 | |
“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
This Traditional Stock Exchange is Getting Into Crypto Trading 100%
Along this exciting journey of cryptocurrencies, crypto-markets and blockchain technology, we have seen traditional banking institutions embrace blockchain based payments solutions such as those offered by Ripple, as well as some banks opting to patent their own blockchain ideas. дальше »
2018-7-13 19:11 | |
Market Synergy Offers Institutional Calibre Cryptocurrency Connectivity to Bitfinex
Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has been selected by Bitfinex, the world’s leading cryptocurrency trading platform, to provide robust, high performance connectivity for institutional clients. дальше »
2018-7-13 18:12 | |
‘Cryptocurrencies Would Cause A Crisis In A Recession’ Says This Report
A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP. дальше »
2018-7-13 08:00 | |
The End of Banks With Blockchain Supported Wallet: Ethereum co-creator
Following the creation of the blockchain hub for decentralized projects – Decentral, Anthony Di Iorio – co-founder of Ethereum, discussed how digital wallets that are blockchain supported could be the end for banks as you can be your own bank. дальше »
2018-7-13 23:33 | |
Bitfinex to use Swiss-based Market Synergy to provide institutional connectivity
Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has been selected by Bitfinex, the world’s leading. дальше »
2018-7-11 13:01 | |
The Industrial and Commercial Bank of China (ICBC)
The Industrial and Commercial Bank of China (ICBC), one of China’s “Big Four” state-owned commercial banks and one of the world’s largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets. дальше »
2018-7-9 16:35 | |
Binance to Record $1 Billion Profit in 2018, Surpassing Major Banks
The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit. Changpeng Zhao: Binance Has Ten Million Users The first half of 2018 hasn’t been kind to the cryptocurrency market, with the collective value of all cryptocurrencies. дальше »
2018-7-7 13:00 | |
Bermuda Amends Law to Create Banks That Will Serve Blockchain Companies
For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world. дальше »
2018-7-5 17:00 | |
The Daily: Malta Enacts Crypto Bills, Bermuda Wants New Banks, Dotcom Loses Appeal
In today’s edition of Bitcoin in Brief we cover stories from various corners of the world. In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal. дальше »
2018-7-5 16:20 | |
Farming Blockchains, Banks Trade, Supreme Court and Estonian Trusted ICOs, Plus More on News of News
It’s world cup summer, and the streets of England have gone asunder as quiet roads get split apart by occasional shouts of gooooaaaallll. Thick anticipation mixed with confidence, naysayers singing. дальше »
2018-7-3 20:32 | |
World’s Number One Bitcoin Betting Platform, Sportsbet.io Adds Support Fiat Euro Wagering
Revolutionary bitcoin-based sports betting platform, Sportsbet. io has now made it easier for users to stake with euro on the platform. With this groundbreaking move, users can now deposit and bet with euros on the site, making it much more accessible to everyone. дальше »
2018-7-1 16:35 | |
U.K. Banks Warned to Be Careful With Cryptocurrencies
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »
2018-6-29 18:17 | |
Decentralized Crypto Exchange Trade.io Starts Promotional Campaign With a $100,000 Luxury World Tour as Prize
Trade.io is a crypto exchange that has been designed to provide an efficient, fair and safe marketplace for the trading of digital crypto assets. Based on blockchain, the platform banks on the immensely high speed, security and low cost of operations to provide services that outpace even the best exchanges today. Disclosure: This is a […] дальше »
2018-6-29 16:30 | |
Banks are losing their Customers to Cryptocurrency Exchanges
Banks had seen a stronger customer base before the going of Bitcoin and other altcoins which made up the cryptocurrency world. Such a short duration of cryptocurrency emergence had seen their customer base reasons. дальше »
2018-6-28 15:26 | |
How to Slow Down a Startup: Erik Voorhees’ Hard Lesson
The Let’s Talk Bitcoin Network has added a new show to its lineup, “What Bitcoin Did. ” The WBD podcast is hosted by U. K. -based Peter McCormack, an “accidental Bitcoin and Cryptocurrency investor, miner, blogger and podcaster. дальше »
2018-6-26 20:34 | |
Reasons why IOTA adoption by Den Norske Bank will increase its price
In recent time, there had been an adoption of some cryptocurrencies by major banks around the world. Ripple Lab the owner of XRP cryptocurrency had been able to enjoy partnership with at least 75 banks with Bank of England, U. дальше »
2018-6-26 16:11 | |
Cryptocurrency price analysis and comparison for June 22
In the world of investing, fundamentals and a price of an asset class rarely move in tandem. While most digital currencies are down more than 50 percent from their highs, the fundamentals have improved rapidly this year. дальше »
2018-6-23 05:46 | |
Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
The World’s Biggest Banks Lead the Blockchain Charge
We’ve said it before and we’ll say it again: The future is here. Blockchain is no longer just a buzzword, but a leading solution for sending global payments. In fact, the momentum is visible: RippleNet currently counts 11 of the world’s top 100 banks by total assets as customers, all of whom are at various … Continued The post The World’s Biggest Banks Lead the Blockchain Charge appeared first on Ripple. дальше »
2018-6-18 09:58 | |
Ripple Hosts World’s Central Banks to Explore Next Generation of Payments
Image: Shutterstock Ripple recently gathered over two dozen central banks from around the world to explore how new technologies enable the next generation of payments. The Central Bank Summit on Blockchain, hosted at Carnegie Hall in New York City, gathered central banks’ senior leadership, payment strategy leads and oversight staff for a focused discussion on … Continued The post Ripple Hosts World’s Central Banks to Explore Next Generation of Payments appeared first on Ripple. дальше »
2018-6-17 12:50 | |
Ripple To See A Positive Trend With This News
The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies. дальше »
2018-6-16 22:00 | |